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Parallel Advisors LLC boosted its holdings in shares of Banco Santander, S.A. (NYSE:SAN – Get Ranking) by 62.0% in the course of the 1st quarter, in response to the corporate in its most up-to-date Kind 13F submitting with the Securities and Change Fee. The fund owned 33,046 shares of the financial institution’s inventory after shopping for a further 12,649 shares in the course of the interval. Parallel Advisors LLC’s holdings in Banco Santander had been price $115,000 as of its most up-to-date SEC submitting.
A number of different institutional buyers and hedge funds additionally not too long ago made modifications to their positions within the firm. Valeo Monetary Advisors LLC bought a brand new stake in shares of Banco Santander within the first quarter valued at about $49,000. Sage Rhino Capital LLC raised its holdings in shares of Banco Santander by 58.2% within the first quarter. Sage Rhino Capital LLC now owns 33,157 shares of the financial institution’s inventory valued at $112,000 after buying a further 12,193 shares over the past quarter. Avantax Advisory Providers Inc. bought a brand new stake in shares of Banco Santander within the first quarter valued at about $35,000. Ieq Capital LLC bought a brand new stake in shares of Banco Santander within the first quarter valued at about $35,000. Lastly, Truist Monetary Corp raised its holdings in shares of Banco Santander by 22.7% within the first quarter. Truist Monetary Corp now owns 33,688 shares of the financial institution’s inventory valued at $114,000 after buying a further 6,225 shares over the past quarter. Hedge funds and different institutional buyers personal 8.34% of the corporate’s inventory.
Banco Santander Inventory Up 1.6 %
Shares of NYSE:SAN opened at $2.48 on Friday. The corporate has a 50-day transferring common worth of $2.84 and a two-hundred day transferring common worth of $3.21. Banco Santander, S.A. has a twelve month low of $2.28 and a twelve month excessive of $4.01. The agency has a market capitalization of $43.00 billion, a PE ratio of 4.35 and a beta of 1.29.
Banco Santander (NYSE:SAN – Get Ranking) final launched its quarterly earnings knowledge on Tuesday, April twenty sixth. The financial institution reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. Banco Santander had a web margin of 19.12% and a return on fairness of 9.25%. The corporate had income of $13.81 billion in the course of the quarter, in comparison with analyst estimates of $13.31 billion. Analysts anticipate that Banco Santander, S.A. will put up 0.56 earnings per share for the present fiscal yr.
Analyst Rankings Modifications
Quite a lot of analysts not too long ago issued stories on SAN shares. UBS Group decreased their worth goal on shares of Banco Santander from €4.40 ($4.44) to €4.00 ($4.04) and set a “purchase” score for the corporate in a report on Tuesday. Deutsche Financial institution Aktiengesellschaft raised their worth goal on shares of Banco Santander from €3.90 ($3.94) to €4.20 ($4.24) and gave the inventory a “purchase” score in a report on Thursday, March thirty first. JPMorgan Chase & Co. decreased their worth goal on shares of Banco Santander from €3.90 ($3.94) to €3.50 ($3.54) in a report on Thursday, Could nineteenth. The Goldman Sachs Group began protection on shares of Banco Santander in a report on Thursday, March thirty first. They set a “purchase” score and a €5.00 ($5.05) worth goal for the corporate. Lastly, Societe Generale raised their worth goal on shares of Banco Santander from €4.00 ($4.04) to €4.10 ($4.14) and gave the inventory a “purchase” score in a report on Thursday, April twenty eighth. Six analysis analysts have rated the inventory with a maintain score and eight have issued a purchase score to the corporate’s inventory. In line with knowledge from MarketBeat, the corporate presently has a consensus score of “Reasonable Purchase” and a consensus worth goal of $3.81.
About Banco Santander
(Get Ranking)
Banco Santander, SA offers numerous retail and business banking services to people, small and medium-sized enterprises, and huge firms worldwide. It presents demand and time deposits, and present and financial savings accounts; mortgages, shopper finance, syndicated company loans, structured financing, money administration, export and company finance, commerce and dealing capital options, and company finance; and insurance coverage merchandise.
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