Banco Santander, S.A. (SAN) Stake Maintained by Kazazian Asset Management LLC
Kazazian Asset Management LLC continued to hold its position in shares of Banco Santander, S.A. (NYSE:SAN) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,000 shares of the bank’s stock at the end of the 2nd quarter. Kazazian Asset Management LLC’s holdings in Banco Santander, were worth $100,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the business. Lincoln National Corp grew its holdings in shares of Banco Santander, by 5.0% during the second quarter. Lincoln National Corp now owns 15,711 shares of the bank’s stock worth $105,000 after buying an additional 755 shares in the last quarter. Rhumbline Advisers acquired a new position in shares of Banco Santander, in the second quarter valued at approximately $108,000. Keybank National Association OH acquired a new position in shares of Banco Santander, in the first quarter valued at approximately $114,000. Good Life Advisors LLC acquired a new position in shares of Banco Santander, in the second quarter valued at approximately $119,000. Finally, Edgar Lomax Co. VA raised its position in shares of Banco Santander, by 83.4% in the first quarter. Edgar Lomax Co. VA now owns 19,900 shares of the bank’s stock valued at $122,000 after buying an additional 9,050 shares during the last quarter. 1.30% of the stock is currently owned by institutional investors.
A number of brokerages recently issued reports on SAN. BidaskClub lowered shares of Banco Santander, from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. Zacks Investment Research upgraded Banco Santander, from a “hold” rating to a “buy” rating and set a $7.75 price target for the company in a report on Wednesday. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating on shares of Banco Santander, in a report on Tuesday, August 15th. ValuEngine raised Banco Santander, from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 17th. Finally, Bank of America Corporation raised Banco Santander, from an “underperform” rating to a “neutral” rating in a research note on Friday, June 9th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $16.63.
Banco Santander, S.A. (SAN) traded down 3.456% during trading on Wednesday, reaching $6.565. 6,808,218 shares of the company’s stock were exchanged. Banco Santander, S.A. has a 52 week low of $4.23 and a 52 week high of $6.99. The stock has a market capitalization of $100.97 billion, a price-to-earnings ratio of 12.068 and a beta of 1.38. The company’s 50 day moving average price is $6.60 and its 200-day moving average price is $6.54.
Banco Santander, (NYSE:SAN) last posted its quarterly earnings results on Friday, July 28th. The bank reported $0.12 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.02). Banco Santander, had a return on equity of 6.70% and a net margin of 14.98%. The company had revenue of $13.10 billion for the quarter. On average, equities analysts expect that Banco Santander, S.A. will post $0.49 EPS for the current year.
Banco Santander, Company Profile
Banco Santander, SA is a retail and commercial bank. The Banks segments include Continental Europe, the United Kingdom, Latin America and the United States. The Continental Europe segment covers all businesses in the Continental Europe. The United Kingdom segment includes the businesses developed by various units and branches in the country.
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