Banco Santander, S.A. (NYSE:SAN - Get Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as $5.56 and last traded at $5.55, with a volume of 1432576 shares traded. The stock had previously closed at $5.13.
Wall Street Analysts Forecast Growth
SAN has been the topic of a number of recent research reports. StockNews.com upgraded Banco Santander from a "hold" rating to a "buy" rating in a report on Thursday. Morgan Stanley upgraded Banco Santander from an "equal weight" rating to an "overweight" rating in a report on Tuesday, November 26th.
Read Our Latest Analysis on Banco Santander
Banco Santander Stock Performance
The company has a market capitalization of $89.18 billion, a price-to-earnings ratio of 6.79, a P/E/G ratio of 0.73 and a beta of 1.12. The firm's 50 day simple moving average is $4.83 and its 200-day simple moving average is $4.83. The company has a debt-to-equity ratio of 13.83, a quick ratio of 0.23 and a current ratio of 2.24.
Banco Santander (NYSE:SAN - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The bank reported $0.21 EPS for the quarter, hitting analysts' consensus estimates of $0.21. Banco Santander had a return on equity of 11.90% and a net margin of 15.88%. Analysts expect that Banco Santander, S.A. will post 0.83 EPS for the current year.
Institutional Investors Weigh In On Banco Santander
Hedge funds and other institutional investors have recently made changes to their positions in the business. Larson Financial Group LLC increased its position in Banco Santander by 2,226.3% in the 4th quarter. Larson Financial Group LLC now owns 5,839 shares of the bank's stock worth $27,000 after buying an additional 5,588 shares during the period. R Squared Ltd acquired a new stake in shares of Banco Santander in the fourth quarter worth $27,000. Sierra Ocean LLC acquired a new position in Banco Santander during the 4th quarter valued at $32,000. Advisors Preferred LLC bought a new stake in Banco Santander in the 4th quarter valued at $37,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Banco Santander in the 3rd quarter worth $45,000. 9.19% of the stock is owned by institutional investors and hedge funds.
Banco Santander Company Profile
(
Get Free Report)
Banco Santander, SA provides various financial services worldwide. The company operates through Retail Banking, Santander Corporate & Investment Banking, Wealth Management & Insurance, and PagoNxt segments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services.
Read More
Before you consider Banco Santander, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Banco Santander wasn't on the list.
While Banco Santander currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
