Oppenheimer Asset Management Inc. Cuts Stake in Banco Santander, S.A. (NYSE:SAN)

Oppenheimer Asset Management Inc. lowered its position in Banco Santander, S.A. (NYSE:SANFree Report) by 9.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 519,811 shares of the bank’s stock after selling 56,666 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Banco Santander were worth $1,954,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Fisher Asset Management LLC lifted its holdings in Banco Santander by 3.5% in the second quarter. Fisher Asset Management LLC now owns 154,544,292 shares of the bank’s stock valued at $573,359,000 after acquiring an additional 5,297,341 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in shares of Banco Santander by 87.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 10,708,245 shares of the bank’s stock worth $36,194,000 after buying an additional 4,999,413 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Banco Santander by 37.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 13,999,050 shares of the bank’s stock worth $47,316,000 after buying an additional 3,805,547 shares during the period. Jane Street Group LLC raised its stake in shares of Banco Santander by 116.0% during the 1st quarter. Jane Street Group LLC now owns 6,417,059 shares of the bank’s stock worth $21,690,000 after buying an additional 3,445,757 shares during the period. Finally, State Street Corp raised its stake in shares of Banco Santander by 412.7% during the 2nd quarter. State Street Corp now owns 3,292,087 shares of the bank’s stock worth $12,214,000 after buying an additional 2,649,928 shares during the period. Hedge funds and other institutional investors own 2.14% of the company’s stock.

Banco Santander Trading Up 1.5 %

Shares of SAN stock opened at $4.00 on Wednesday. The company has a debt-to-equity ratio of 14.48, a current ratio of 3.25 and a quick ratio of 0.31. The company has a market cap of $64.74 billion, a price-to-earnings ratio of 5.71, a PEG ratio of 0.33 and a beta of 1.20. The stock has a 50 day simple moving average of $4.10 and a 200-day simple moving average of $3.90. Banco Santander, S.A. has a 1-year low of $3.20 and a 1-year high of $4.29.

Banco Santander (NYSE:SANGet Free Report) last announced its earnings results on Tuesday, January 30th. The bank reported $0.18 earnings per share for the quarter, hitting the consensus estimate of $0.18. Banco Santander had a return on equity of 10.82% and a net margin of 19.29%. The business had revenue of $15.67 billion during the quarter. During the same period in the previous year, the company earned $0.14 earnings per share. On average, equities research analysts expect that Banco Santander, S.A. will post 0.78 EPS for the current fiscal year.

Banco Santander Profile

(Free Report)

Banco Santander, SA provides various retail and commercial banking products and services to individuals, small and medium-sized enterprises, and large companies worldwide. The company operates through Retail Banking, Santander Corporate & Investment Banking, Wealth Management & Insurance, and PagoNxt segments.

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Institutional Ownership by Quarter for Banco Santander (NYSE:SAN)

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