DGS Capital Management LLC Boosts Stock Position in Banco Santander, S.A. (NYSE:SAN)

DGS Capital Management LLC boosted its position in shares of Banco Santander, S.A. (NYSE:SAN) by 4.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 143,901 shares of the bank’s stock after acquiring an additional 5,763 shares during the quarter. DGS Capital Management LLC’s holdings in Banco Santander were worth $656,000 at the end of the most recent quarter.

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

Banco Santander Price Performance

SAN stock opened at $5.08 on Friday. The stock has a market cap of $80.31 billion, a price-to-earnings ratio of 6.34, a PEG ratio of 0.59 and a beta of 1.11. Banco Santander, S.A. has a fifty-two week low of $3.83 and a fifty-two week high of $5.27. The company has a quick ratio of 0.23, a current ratio of 0.33 and a debt-to-equity ratio of 3.08. The business has a 50 day moving average price of $4.70 and a 200 day moving average price of $4.80.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Morgan Stanley raised shares of Banco Santander from an “equal weight” rating to an “overweight” rating in a report on Tuesday, November 26th. StockNews.com lowered Banco Santander from a “buy” rating to a “hold” rating in a report on Tuesday.

About Banco Santander

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.