Banco Santander, S.A. (NYSE:SAN) Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. reduced its stake in shares of Banco Santander, S.A. (NYSE:SAN) by 3.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 205,624 shares of the bank’s stock after selling 6,535 shares during the quarter. Pacer Advisors Inc.’s holdings in Banco Santander were worth $938,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of SAN. Fisher Asset Management LLC boosted its stake in shares of Banco Santander by 1.4% during the 3rd quarter. Fisher Asset Management LLC now owns 143,585,152 shares of the bank’s stock worth $732,284,000 after acquiring an additional 2,011,150 shares in the last quarter. FMR LLC boosted its position in Banco Santander by 33.9% during the third quarter. FMR LLC now owns 20,893,727 shares of the bank’s stock worth $106,558,000 after purchasing an additional 5,290,236 shares during the period. Groupama Asset Managment acquired a new position in Banco Santander during the third quarter valued at approximately $53,000. Chevy Chase Trust Holdings LLC bought a new position in shares of Banco Santander in the third quarter valued at approximately $22,500,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Banco Santander by 55.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,301,711 shares of the bank’s stock worth $16,839,000 after buying an additional 1,178,449 shares during the period. Institutional investors and hedge funds own 9.19% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on SAN. StockNews.com downgraded shares of Banco Santander from a “buy” rating to a “hold” rating in a report on Tuesday, January 21st. Morgan Stanley raised Banco Santander from an “equal weight” rating to an “overweight” rating in a report on Tuesday, November 26th.

Banco Santander Stock Performance

Shares of NYSE SAN opened at $4.95 on Tuesday. The stock has a market capitalization of $78.26 billion, a PE ratio of 6.18, a price-to-earnings-growth ratio of 0.62 and a beta of 1.11. Banco Santander, S.A. has a 52 week low of $3.87 and a 52 week high of $5.27. The stock has a 50 day moving average price of $4.75 and a 200 day moving average price of $4.81. 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.