Analysts Update Their Price Forecasts For Banco Santander S.A. ADR (SAN)

Parametric Portfolio Associates L has recently announced that it has increased stake in Banco Santander S.A. ADR (NYSE:SAN) by 0.04%. After grabbing 20.79 million shares, the institutional investor is now in possession of 7701.0 shares of the Financial Company. The new investment brought the stake of investor firm to 0.13% having worth around $75.46 million. Moreover, Goldman Sachs Asset Management LP increased its share by 0.14 million to have a control over 14.44 million shares. And CIBC Private Wealth Advisors, Inc raised its holdings to 0.32 million shares by acquiring 10.01 million shares or 0.06% of the stake.

Banco Santander S.A. ADR (SAN) concluded trading on 12/14/23 at a closing price of $4.21, with 5.16 million shares of worth about $21.73 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 20.29% during that period and on Thursday the price saw a gain of about 0.72%. Currently the company’s common shares owned by public are about 16.55B shares, out of which, 15.94B shares are available for trading.

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Dimensional International Value E, SPDR S&P Kensho New Economies Com, and Avantis International Equity ETF are the top 3 mutual funds which are holding stakes in Banco Santander S.A. ADR Dimensional International Value E is currently holding 6.29 million shares of worth totaling $22.83 million. The company recently came buying 0.0 shares which brought its stake up to 0.04% of the company’s outstanding shares. SPDR S&P Kensho New Economies Com sold 3248.0 shares, after which its hold over company’s outstanding shares shrunk to 0.02%, leaving 3.34 million shares with the mutual fund that have a worth of about $12.12 million. Avantis International Equity ETF, after buying 2.27 million shares, have now control over 0.01% of the stake in the company. It holds 0.0 shares of worth $8.23 million.

Stock saw a price change of 1.45% in past 5 days and over the past one month there was a price change of 5.78%. Year-to-date (YTD), SAN shares are showing a performance of 42.71% which increased to 42.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.82 but also hit the highest price of $4.24 during that period. The average intraday trading volume for Banco Santander S.A. ADR shares is 3.02 million. The stock is currently trading 2.63% above its 20-day simple moving average (SMA20), while that difference is up 8.72% for SMA50 and it goes to 13.26% higher than SMA200.

Parametric Portfolio Associates L acquired 20.79 million shares of Banco Santander S.A. ADR having value of about $75.46 million. Data submitted at the U.S SEC by Parametric Portfolio Associates L revealed that the firm now holds 7701.0 shares in the company valued at close to $32421.21, or have control over 0.04% stake in the company. Banco Santander S.A. ADR (NYSE: SAN) currently have 16.55B outstanding shares and institutions hold larger chunk of about 2.25% of that. Holding of mutual funds in the company is about 0.13% while other institutional holders and individual stake holders have control over 2.07% and — of the stake respectively.

The stock has a current market capitalization of $67.11B and its 3Y-monthly beta is at 1.19. PE ratio of stock for trailing 12 months is 6.69, while it has posted earnings per share of $0.63 in the same period. Its PEG reads 0.39 while making debt-to-equity ratio of 4.82. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SAN, volatility over the week remained 1.40% while standing at 1.09% over the month.

Analysts are in expectations that Banco Santander S.A. ADR (SAN) stock would likely to be making an EPS of $0.19 in the current quarter, while forecast for next quarter EPS is $0 and it is $0.77 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.19 which is $0.19 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to rise by 15.02% while it is estimated to increase by 7.01% in next year. EPS is likely to grow at an annualized rate of 16.97% for next 5-years, compared to annual growth of 5.33% made by the stock over the past 5-years.

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