Sumitomo Mitsui Belief Holdings Inc. raised its place in shares of Banco Santander-Chile (NYSE:BSAC – Get Score) by 5.9% within the 1st quarter, HoldingsChannel reviews. The institutional investor owned 72,136 shares of the financial institution’s inventory after shopping for an extra 4,000 shares throughout the interval. Sumitomo Mitsui Belief Holdings Inc.’s holdings in Banco Santander-Chile had been price $1,630,000 on the finish of the newest quarter.
A number of different hedge funds and different institutional traders have additionally modified their holdings of the corporate. Schroder Funding Administration Group boosted its place in shares of Banco Santander-Chile by 37.7% throughout the fourth quarter. Schroder Funding Administration Group now owns 9,100,528 shares of the financial institution’s inventory price $371,000 after shopping for an extra 2,490,355 shares throughout the interval. JPMorgan Chase & Co. boosted its holdings in Banco Santander-Chile by 33.3% within the fourth quarter. JPMorgan Chase & Co. now owns 3,712,692 shares of the financial institution’s inventory valued at $60,479,000 after buying an extra 926,894 shares throughout the interval. Allspring World Investments Holdings LLC bought a brand new place in Banco Santander-Chile within the fourth quarter valued at $45,857,000. Philadelphia Monetary Administration of San Francisco LLC bought a brand new place in Banco Santander-Chile within the fourth quarter valued at $14,387,000. Lastly, NS Companions Ltd boosted its holdings in Banco Santander-Chile by 5.3% within the fourth quarter. NS Companions Ltd now owns 854,762 shares of the financial institution’s inventory valued at $13,924,000 after buying an extra 43,200 shares throughout the interval. 10.65% of the inventory is presently owned by hedge funds and different institutional traders.
Wall Road Analyst Weigh In
Plenty of analysis corporations lately issued reviews on BSAC. StockNews.com upgraded Banco Santander-Chile from a “promote” score to a “maintain” score in a report on Friday, Could twentieth. Itau BBA Securities lowered Banco Santander-Chile from an “outperform” score to a “market carry out” score and set a $22.00 goal worth for the corporate. in a report on Tuesday, June seventh. Itaú Unibanco downgraded Banco Santander-Chile from an “outperform” score to a “market carry out” score and set a $22.00 worth goal for the corporate. in a report on Tuesday, June seventh. Lastly, UBS Group raised Banco Santander-Chile from a “promote” score to a “impartial” score and set a $17.00 worth goal for the corporate in a report on Thursday, June thirtieth. 5 equities analysis analysts have rated the inventory with a maintain score and one has given a purchase score to the corporate’s inventory. In line with knowledge from MarketBeat.com, Banco Santander-Chile has a median score of “Maintain” and a consensus worth goal of $21.60.
Banco Santander-Chile Inventory Down 1.8 %
BSAC opened at $15.68 on Thursday. The enterprise’s 50-day easy shifting common is $17.64 and its 200-day easy shifting common is $19.30. The corporate has a debt-to-equity ratio of three.89, a fast ratio of 1.80 and a present ratio of 1.80. Banco Santander-Chile has a one yr low of $13.77 and a one yr excessive of $22.95. The inventory has a market capitalization of $7.39 billion, a P/E ratio of seven.06, a price-to-earnings-growth ratio of 1.58 and a beta of 0.77.
Banco Santander-Chile (NYSE:BSAC – Get Score) final posted its earnings outcomes on Friday, April twenty ninth. The financial institution reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.09. Banco Santander-Chile had a return on fairness of 20.57% and a web margin of 23.24%. The enterprise had income of $741.78 million for the quarter, in comparison with analysts’ expectations of $726.89 million. Analysts anticipate that Banco Santander-Chile will submit 2.2 EPS for the present yr.
About Banco Santander-Chile
Banco Santander-Chile, along with its subsidiaries, gives business and retail banking services in Chile. It operates by means of Retail Banking, Center-Market, Company Funding Banking, and Company Actions segments. The corporate affords debit and bank cards, checking accounts, and financial savings merchandise; shopper, car, business, mortgage, and government-guaranteed loans; and Chilean peso and international forex denominated loans to finance numerous business transactions, commerce, international forex ahead contracts, and credit score traces, in addition to mortgage financing providers.
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