Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX) Stake Cut by Quantitative Systematic Strategies LLC

Quantitative Systematic Strategies LLC lowered its position in shares of Grupo Financiero Santander Mexico S.A. B. de C.V. (NYSE:BSMX) by 31.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,704 shares of the bank’s stock after selling 10,891 shares during the period. Quantitative Systematic Strategies LLC’s holdings in Grupo Financiero Santander Mexico S.A. B. de C.V. were worth $226,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Virtu Financial LLC purchased a new stake in shares of Grupo Financiero Santander Mexico S.A. B. de C.V. during the second quarter valued at $364,000. Flossbach Von Storch AG boosted its stake in shares of Grupo Financiero Santander Mexico S.A. B. de C.V. by 30.4% in the first quarter. Flossbach Von Storch AG now owns 150,000 shares of the bank’s stock valued at $1,355,000 after buying an additional 35,000 shares in the last quarter. NN Investment Partners Holdings N.V. purchased a new stake in shares of Grupo Financiero Santander Mexico S.A. B. de C.V. during the second quarter valued at $213,000. Atria Investments LLC purchased a new stake in shares of Grupo Financiero Santander Mexico S.A. B. de C.V. during the second quarter valued at $167,000. Finally, Aperio Group LLC boosted its stake in shares of Grupo Financiero Santander Mexico S.A. B. de C.V. by 10.5% in the second quarter. Aperio Group LLC now owns 58,074 shares of the bank’s stock valued at $560,000 after buying an additional 5,518 shares in the last quarter. Institutional investors own 32.76% of the company’s stock.

Shares of Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX) opened at 10.53 on Friday. The company’s 50 day moving average price is $10.23 and its 200-day moving average price is $9.05. The stock has a market capitalization of $14.27 billion, a PE ratio of 13.95 and a beta of 1.39. Grupo Financiero Santander Mexico S.A. B. de C.V. has a 52 week low of $6.73 and a 52 week high of $10.76.

Grupo Financiero Santander Mexico S.A. B. de C.V. (NYSE:BSMX) last released its earnings results on Friday, July 28th. The bank reported $0.18 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.18. The firm had revenue of $1.03 billion during the quarter, compared to analyst estimates of $963.79 million. Grupo Financiero Santander Mexico S.A. B. de C.V. had a return on equity of 15.11% and a net margin of 15.97%. Equities research analysts predict that Grupo Financiero Santander Mexico S.A. B. de C.V. will post $0.74 EPS for the current year.

ILLEGAL ACTIVITY WARNING: This news story was reported by BNB Daily and is the sole property of of BNB Daily. If you are viewing this news story on another site, it was illegally copied and reposted in violation of U.S. and international trademark and copyright legislation. The correct version of this news story can be accessed at https://www.baseball-news-blog.com/2017/08/19/quantitative-systematic-strategies-llc-sells-10891-shares-of-grupo-financiero-santander-mexico-s-a-b-de-c-v-bsmx-updated-updated.html.

Several equities research analysts have weighed in on the company. BidaskClub upgraded Grupo Financiero Santander Mexico S.A. B. de C.V. from a “buy” rating to a “strong-buy” rating in a report on Thursday. ValuEngine cut Grupo Financiero Santander Mexico S.A. B. de C.V. from a “buy” rating to a “hold” rating in a report on Saturday, August 12th. TheStreet upgraded Grupo Financiero Santander Mexico S.A. B. de C.V. from a “c” rating to a “b-” rating in a report on Tuesday, August 1st. Zacks Investment Research cut Grupo Financiero Santander Mexico S.A. B. de C.V. from a “buy” rating to a “hold” rating in a research note on Tuesday, July 4th. Finally, J P Morgan Chase & Co upgraded Grupo Financiero Santander Mexico S.A. B. de C.V. from a “neutral” rating to an “overweight” rating and decreased their price objective for the stock from $9.50 to $7.50 in a research note on Thursday, May 4th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $8.87.

Grupo Financiero Santander Mexico S.A. B. de C.V. Company Profile

Grupo Financiero Santander Mexico SAB de CV, formerly Santander Mexico Financial Group SAB de CV or Grupo Financiero Santander SAB de CV, is a Mexico-based financial institution. The Company is primarily engaged in the provision of multiple banking services, securities brokerage, financial advice services, as well as other related investment activities.

Institutional Ownership by Quarter for Grupo Financiero Santander Mexico S.A. B. de C.V. (NYSE:BSMX)

Receive News & Ratings for Grupo Financiero Santander Mexico S.A. B. de C.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Financiero Santander Mexico S.A. B. de C.V. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply