Canada Pension Plan Investment Board boosted its position in Banco Santander Chile (NYSE:BSAC) by 420,000.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,010 shares of the bank’s stock after buying an additional 42,000 shares during the period. Canada Pension Plan Investment Board’s holdings in Banco Santander Chile were worth $1,248,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BSAC. Legal & General Group Plc purchased a new stake in Banco Santander Chile in the first quarter valued at approximately $1,310,000. Vanguard Group Inc. boosted its position in Banco Santander Chile by 10.2% in the 1st quarter. Vanguard Group Inc. now owns 1,923,488 shares of the bank’s stock worth $48,241,000 after purchasing an additional 178,061 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its position in Banco Santander Chile by 17.1% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 133,145 shares of the bank’s stock worth $3,340,000 after purchasing an additional 19,402 shares in the last quarter. Aperio Group LLC boosted its position in Banco Santander Chile by 13.3% in the 2nd quarter. Aperio Group LLC now owns 79,963 shares of the bank’s stock worth $2,032,000 after purchasing an additional 9,410 shares in the last quarter. Finally, Huntington National Bank boosted its position in Banco Santander Chile by 4.7% in the 2nd quarter. Huntington National Bank now owns 4,757 shares of the bank’s stock worth $121,000 after purchasing an additional 212 shares in the last quarter. Hedge funds and other institutional investors own 17.54% of the company’s stock.

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Shares of Banco Santander Chile (NYSE:BSAC) opened at $30.73 on Monday. The company has a debt-to-equity ratio of 2.75, a current ratio of 1.69 and a quick ratio of 1.69. Banco Santander Chile has a 52-week low of $21.06 and a 52-week high of $32.02. The company has a market capitalization of $14,477.36, a P/E ratio of 17.56, a price-to-earnings-growth ratio of 1.53 and a beta of 0.75.

BSAC has been the topic of several recent research reports. BidaskClub lowered Banco Santander Chile from a “buy” rating to a “hold” rating in a research report on Sunday, November 5th. Zacks Investment Research lowered Banco Santander Chile from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. UBS AG lowered Banco Santander Chile from a “neutral” rating to a “sell” rating and upped their price objective for the stock from $24.00 to $27.00 in a research report on Tuesday, August 22nd. Finally, Scotia Howard Weill upgraded Banco Santander Chile from a “sector perform” rating to an “outperform” rating in a research report on Friday, August 25th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $28.00.

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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Institutional Ownership by Quarter for Banco Santander Chile (NYSE:BSAC)

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