BSAC has been the subject of several other research reports. Scotia Howard Weill upgraded Banco Santander-Chile from a sector perform rating to an outperform rating in a report on Thursday, July 25th. Zacks Investment Research upgraded Banco Santander-Chile from a sell rating to a hold rating in a report on Tuesday. Finally, HSBC upgraded Banco Santander-Chile from a reduce rating to a hold rating in a report on Thursday, July 18th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of $32.00.
Shares of Banco Santander-Chile stock opened at $28.55 on Wednesday. The company has a debt-to-equity ratio of 3.05, a quick ratio of 1.75 and a current ratio of 1.75. The firm has a market capitalization of $13.45 billion, a price-to-earnings ratio of 15.86, a price-to-earnings-growth ratio of 1.29 and a beta of 0.61. The company has a fifty day moving average price of $29.71. Banco Santander-Chile has a fifty-two week low of $27.06 and a fifty-two week high of $33.32.
Hedge funds and other institutional investors have recently made changes to their positions in the company. Advisors Asset Management Inc. lifted its holdings in shares of Banco Santander-Chile by 29.6% during the first quarter. Advisors Asset Management Inc. now owns 3,849 shares of the bank’s stock valued at $115,000 after purchasing an additional 878 shares during the last quarter. Financial Gravity Wealth Inc. purchased a new stake in shares of Banco Santander-Chile during the first quarter valued at $200,000. SG Americas Securities LLC purchased a new stake in shares of Banco Santander-Chile during the second quarter valued at $216,000. Barclays PLC purchased a new stake in shares of Banco Santander-Chile during the fourth quarter valued at $264,000. Finally, Qtron Investments LLC purchased a new stake in shares of Banco Santander-Chile during the first quarter valued at $387,000. 13.16% of the stock is owned by institutional investors and hedge funds.
About Banco Santander-Chile
Banco Santander-Chile provides commercial and retail banking products and services in Chile. It operates through Retail Banking, Middle-Market, and Global Corporate Banking segments. The company offers checking accounts and savings products; consumer, auto, commercial, mortgage, and government-guaranteed loans; credit and debit cards; and Chilean peso and foreign currency denominated loans to finance various commercial transactions, trade, foreign currency forward contracts, and credit lines.
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