Jefferies Group LLC acquired a new position in Banco Santander-Chile (NYSE:BSAC) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 54,559 shares of the bank’s stock, valued at approximately $1,706,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Aperio Group LLC raised its position in shares of Banco Santander-Chile by 3.4% during the fourth quarter. Aperio Group LLC now owns 83,019 shares of the bank’s stock worth $2,596,000 after purchasing an additional 2,747 shares during the period. Invictus RG acquired a new stake in shares of Banco Santander-Chile during the third quarter worth $217,000. Capital Fund Management S.A. acquired a new stake in shares of Banco Santander-Chile during the fourth quarter worth $235,000. Timber Hill LLC acquired a new stake in shares of Banco Santander-Chile during the third quarter worth $252,000. Finally, Tower Research Capital LLC TRC raised its position in shares of Banco Santander-Chile by 431.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 10,921 shares of the bank’s stock worth $342,000 after purchasing an additional 8,867 shares during the period. 16.09% of the stock is currently owned by institutional investors.
Banco Santander-Chile (NYSE BSAC) opened at $33.06 on Wednesday. Banco Santander-Chile has a twelve month low of $22.96 and a twelve month high of $34.98. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 2.75. The firm has a market capitalization of $15,645.73, a price-to-earnings ratio of 17.85, a PEG ratio of 1.35 and a beta of 0.74.
A number of equities research analysts have recently issued reports on BSAC shares. Zacks Investment Research raised Banco Santander-Chile from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a research report on Tuesday. Citigroup lowered Banco Santander-Chile from a “buy” rating to a “neutral” rating in a research report on Friday, December 1st. Deutsche Bank lowered Banco Santander-Chile to a “sell” rating and set a $32.00 target price on the stock. in a research report on Wednesday, January 24th. Finally, ValuEngine raised Banco Santander-Chile from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 2nd. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. Banco Santander-Chile has an average rating of “Hold” and an average target price of $29.60.
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Banco Santander-Chile Company Profile
Banco Santander-Chile (the Bank), formerly Banco Santander Chile, is a Chilean bank. The Bank’s segments include Retail banking, Middle-market, Global Corporate Banking and Corporate Activities (Other). The Retail Banking segment consists of individuals and small to middle-sized entities (SMEs). The Middle-market segment serves companies and large corporations.
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