Aletheian Wealth Advisors LLC Invests $60,000 in Banco Santander, S.A. (NYSE:SAN)

Aletheian Wealth Advisors LLC bought a new position in shares of Banco Santander, S.A. (NYSE:SAN) in the first quarter, according to the company in its most recent filing with the SEC. The fund bought 12,407 shares of the bank’s stock, valued at approximately $60,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Anchor Investment Management LLC purchased a new stake in Banco Santander during the fourth quarter worth approximately $95,000. Jump Financial LLC acquired a new position in shares of Banco Santander during the 4th quarter valued at $56,000. Naviter Wealth LLC boosted its position in Banco Santander by 25.5% during the 4th quarter. Naviter Wealth LLC now owns 250,487 shares of the bank’s stock worth $1,037,000 after purchasing an additional 50,949 shares during the period. Natixis Advisors L.P. lifted its stake in shares of Banco Santander by 19.1% during the fourth quarter. Natixis Advisors L.P. now owns 1,106,340 shares of the bank’s stock worth $4,579,000 after purchasing an additional 177,692 shares in the last quarter. Finally, Oppenheimer & Co. Inc. boosted its position in shares of Banco Santander by 30.0% in the fourth quarter. Oppenheimer & Co. Inc. now owns 959,806 shares of the bank’s stock worth $3,974,000 after buying an additional 221,567 shares during the period. Institutional investors and hedge funds own 9.19% of the company’s stock.

Banco Santander Trading Down 0.5 %

Banco Santander stock opened at $4.66 on Wednesday. The company has a debt-to-equity ratio of 13.96, a quick ratio of 0.35 and a current ratio of 2.27. The firm’s 50-day moving average is $4.97 and its 200-day moving average is $4.51. Banco Santander, S.A. has a 1 year low of $3.33 and a 1 year high of $5.27. The company has a market cap of $73.67 billion, a P/E ratio of 6.47, a PEG ratio of 0.39 and a beta of 1.17.

Banco Santander (NYSE:SAN) last announced its quarterly earnings results on Tuesday, April 30th. The bank reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.01). Banco Santander had a return on equity of 10.95% and a net margin of 14.98%. The company had revenue of $16.34 billion for the quarter. On average, equities analysts expect that Banco Santander, S.A. will post 0.82 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently commented on SAN. Barclays upgraded Banco Santander from an “equal weight” rating to an “overweight” rating in a report on Monday, March 25th. StockNews.com downgraded Banco Santander from a “strong-buy” rating to a “buy” rating in a research note on Saturday.

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.