Banco Santander, S.A. (NYSE:SAN) Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp reduced its stake in shares of Banco Santander, S.A. (NYSE:SAN - Free Report) by 29.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 154,807 shares of the bank's stock after selling 63,657 shares during the period. Fifth Third Bancorp's holdings in Banco Santander were worth $706,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of SAN. Wilmington Savings Fund Society FSB acquired a new position in Banco Santander in the third quarter valued at about $45,000. Groupama Asset Managment acquired a new stake in Banco Santander in the 3rd quarter valued at approximately $53,000. Echo45 Advisors LLC purchased a new stake in Banco Santander in the fourth quarter valued at approximately $53,000. Brookstone Capital Management purchased a new position in shares of Banco Santander during the third quarter worth $54,000. Finally, Joel Isaacson & Co. LLC acquired a new stake in shares of Banco Santander in the third quarter valued at $55,000. 9.19% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on SAN shares. Morgan Stanley upgraded Banco Santander from an "equal weight" rating to an "overweight" rating in a report on Tuesday, November 26th. StockNews.com lowered shares of Banco Santander from a "buy" rating to a "hold" rating in a report on Tuesday, January 21st.

Banco Santander Stock Up 1.5 %

Shares of SAN traded up $0.08 during midday trading on Thursday, hitting $5.22. The company had a trading volume of 1,035,836 shares, compared to its average volume of 3,097,703. The company's 50-day simple moving average is $4.73 and its 200-day simple moving average is $4.81. The firm has a market capitalization of $82.53 billion, a P/E ratio of 6.52, a P/E/G ratio of 0.59 and a beta of 1.11. Banco Santander, S.A. has a 1 year low of $3.87 and a 1 year high of $5.27. The company has a debt-to-equity ratio of 3.08, a quick ratio of 0.23 and a current ratio of 0.33.

Banco Santander Company Profile

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.