Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Banco Santander-Chile (NASDAQ:BSAC) by 4.4% during the first quarter, according to its most recent disclosure with the SEC. The firm owned 85,631 shares of the bank’s stock after buying an additional 3,600 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Banco Santander-Chile were worth $2,148,000 as of its most recent filing with the SEC.
Several other large investors have also modified their holdings of the company. Glovista Investments LLC acquired a new stake in shares of Banco Santander-Chile during the fourth quarter valued at approximately $5,377,000. Dynamic Technology Lab Private Ltd purchased a new position in Banco Santander-Chile during the fourth quarter valued at $298,000. Thompson Siegel & Walmsley LLC raised its position in Banco Santander-Chile by 2.7% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 90,400 shares of the bank’s stock valued at $1,977,000 after buying an additional 2,400 shares during the last quarter. Axiom International Investors LLC DE raised its position in Banco Santander-Chile by 0.4% in the fourth quarter. Axiom International Investors LLC DE now owns 46,310 shares of the bank’s stock valued at $1,013,000 after buying an additional 182 shares during the last quarter. Finally, Horizon Investments LLC purchased a new position in Banco Santander-Chile during the fourth quarter valued at $419,000.
Shares of Banco Santander-Chile (NASDAQ:BSAC) traded up 1.85% on Friday, reaching $24.18. 178,845 shares of the company’s stock were exchanged. Banco Santander-Chile has a 52-week low of $17.83 and a 52-week high of $25.55. The company’s 50 day moving average price is $24.32 and its 200-day moving average price is $22.89. The stock has a market cap of $11.39 billion and a P/E ratio of 15.11.
The business also recently announced an annual dividend, which was paid on Thursday, May 4th. Shareholders of record on Friday, April 21st were issued a dividend of $0.687 per share. This represents a yield of 4.36%. The ex-dividend date was Wednesday, April 19th.
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Several research analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Banco Santander-Chile from a “hold” rating to a “sell” rating in a research note on Friday, February 10th. Goldman Sachs Group Inc lifted their price objective on shares of Banco Santander-Chile from $23.00 to $26.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 2nd. Finally, Credit Suisse Group AG reaffirmed a “neutral” rating and issued a $26.00 price target (up previously from $25.00) on shares of Banco Santander-Chile in a research note on Wednesday, April 19th.
About Banco Santander-Chile
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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