– Cwm LLC Boosts Stake in Banco Santander, S.A. (NYSE:SAN)
Cwm LLC Increases Stake in Banco Santander, S.A. by 12.6%
In a recent filing with the Securities & Exchange Commission, Cwm LLC revealed that it has boosted its stake in Banco Santander, S.A. by 12.6% during the first quarter. The firm now owns 34,646 shares of the bank’s stock, worth $168,000 at the end of the reporting period.
This increase in stake comes as several other institutional investors and hedge funds have also been adding to their positions in Banco Santander. Sage Rhino Capital LLC, OLD National Bancorp IN, Seven Mile Advisory, Valeo Financial Advisors LLC, and Allworth Financial LP are among the investors who have recently increased their holdings in the bank.
Analyst Ratings Changes
Banco Santander has recently been the subject of several research reports. StockNews.com downgraded the stock from a “strong-buy” rating to a “buy” rating, while Barclays upgraded Banco Santander from an “equal weight” rating to an “overweight” rating.
Banco Santander Stock Performance
Banco Santander’s stock opened at $4.62 on Monday, with a fifty-two week low of $3.32 and a high of $5.27. The company has a market cap of $73.11 billion and a price-to-earnings ratio of 6.42. The stock has a beta of 1.17 and a debt-to-equity ratio of 13.96.
The bank recently reported earnings of $0.18 per share for the quarter, slightly below analysts’ estimates. The company had revenue of $16.34 billion during the quarter, with a return on equity of 10.95% and a net margin of 14.98%.
About Banco Santander
Banco Santander, S.A. provides various financial services worldwide, operating through Retail Banking, Santander Corporate & Investment Banking, Wealth Management & Insurance, and PagoNxt segments. The bank offers a range of financial products and services, including deposits, loans, mortgages, and corporate finance solutions.
Overall, Banco Santander continues to attract interest from investors and analysts alike, with its recent performance and strategic positioning in the financial services industry.
Cwm LLC Increases Stake in Banco Santander, S.A. by 12.6%
In a recent filing with the Securities & Exchange Commission, Cwm LLC revealed that it has boosted its stake in Banco Santander, S.A. by 12.6% during the first quarter. The firm now owns 34,646 shares of the bank’s stock, worth $168,000 at the end of the reporting period.
This increase in stake comes as several other institutional investors and hedge funds have also been adding to their positions in Banco Santander. Sage Rhino Capital LLC, OLD National Bancorp IN, Seven Mile Advisory, Valeo Financial Advisors LLC, and Allworth Financial LP are among the investors who have recently increased their holdings in the bank.
Analyst Ratings Changes
Banco Santander has recently been the subject of several research reports. StockNews.com downgraded the stock from a “strong-buy” rating to a “buy” rating, while Barclays upgraded Banco Santander from an “equal weight” rating to an “overweight” rating.
Banco Santander Stock Performance
Banco Santander’s stock opened at $4.62 on Monday, with a fifty-two week low of $3.32 and a high of $5.27. The company has a market cap of $73.11 billion and a price-to-earnings ratio of 6.42. The stock has a beta of 1.17 and a debt-to-equity ratio of 13.96.
The bank recently reported earnings of $0.18 per share for the quarter, slightly below analysts’ estimates. The company had revenue of $16.34 billion during the quarter, with a return on equity of 10.95% and a net margin of 14.98%.
About Banco Santander
Banco Santander, S.A. provides various financial services worldwide, operating through Retail Banking, Santander Corporate & Investment Banking, Wealth Management & Insurance, and PagoNxt segments. The bank offers a range of financial products and services, including deposits, loans, mortgages, and corporate finance solutions.
Overall, Banco Santander continues to attract interest from investors and analysts alike, with its recent performance and strategic positioning in the financial services industry.