Banco Santander SA (NYSE:SAN) Shares Sold by Hilltop Holdings Inc.

Hilltop Holdings Inc. trimmed its holdings in Banco Santander SA (NYSE:SAN) by 20.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,538 shares of the bank’s stock after selling 5,849 shares during the quarter. Hilltop Holdings Inc.’s holdings in Banco Santander were worth $93,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Princeton Global Asset Management LLC raised its holdings in shares of Banco Santander by 1.2% during the third quarter. Princeton Global Asset Management LLC now owns 222,867 shares of the bank’s stock valued at $879,000 after acquiring an additional 2,634 shares during the period. SOL Capital Management CO lifted its stake in Banco Santander by 4.5% in the 4th quarter. SOL Capital Management CO now owns 65,816 shares of the bank’s stock worth $272,000 after acquiring an additional 2,808 shares in the last quarter. Signaturefd LLC boosted its stake in shares of Banco Santander by 15.0% during the 4th quarter. Signaturefd LLC now owns 47,599 shares of the bank’s stock valued at $197,000 after buying an additional 6,196 shares during the period. Comerica Bank raised its position in Banco Santander by 0.9% during the fourth quarter. Comerica Bank now owns 872,067 shares of the bank’s stock valued at $3,558,000 after acquiring an additional 7,377 shares in the last quarter. Finally, Howland Capital Management LLC increased its stake in shares of Banco Santander by 62.6% during the 4th quarter. Howland Capital Management LLC now owns 20,000 shares of the bank’s stock worth $83,000 after purchasing an additional 7,700 shares during the last quarter. Institutional investors own 1.70% of the company’s stock.

NYSE SAN opened at $2.62 on Thursday. Banco Santander SA has a twelve month low of $2.04 and a twelve month high of $5.25. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 3.75. The stock has a market cap of $41.19 billion, a P/E ratio of 6.39 and a beta of 1.05. The company’s 50-day simple moving average is $3.47 and its 200 day simple moving average is $3.90.

Banco Santander (NYSE:SAN) last announced its quarterly earnings results on Wednesday, January 29th. The bank reported $0.13 EPS for the quarter. The firm had revenue of $13.65 billion during the quarter. Banco Santander had a net margin of 13.23% and a return on equity of 7.32%. Research analysts anticipate that Banco Santander SA will post 0.49 earnings per share for the current year.

Several equities research analysts have recently issued reports on the stock. Deutsche Bank downgraded shares of Banco Santander from a “buy” rating to a “hold” rating in a research note on Tuesday, December 10th. UBS Group raised Banco Santander from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Zacks Investment Research upgraded Banco Santander from a “sell” rating to a “hold” rating in a research note on Thursday, March 12th. Finally, ValuEngine cut Banco Santander from a “hold” rating to a “sell” rating in a research report on Tuesday, March 3rd. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $42.88.

Banco Santander Profile

Banco Santander, SA, together with its subsidiaries, provides various retail and commercial banking products and services for individual and corporate clients worldwide. It offers demand and time deposits, and current and savings accounts; mortgages, consumer finance, auto finance, and personal loans; export and agency finance, trade and working capital solutions, syndicated corporate loans, and structured financing; debt capital markets and global markets services; and debit and credit cards.

Further Reading: Fundamental Analysis and Individual Investors

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

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