Crossmark Global Holdings Inc. acquired a new position in shares of Banco De Chile (NYSE:BCH) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 10,700 shares of the bank’s stock, valued at approximately $976,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BCH. Goldman Sachs Group Inc. raised its stake in shares of Banco De Chile by 11.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 156,725 shares of the bank’s stock worth $11,309,000 after acquiring an additional 15,823 shares in the last quarter. Morgan Stanley raised its stake in shares of Banco De Chile by 59.3% during the 1st quarter. Morgan Stanley now owns 35,186 shares of the bank’s stock worth $2,539,000 after acquiring an additional 13,099 shares in the last quarter. Aperio Group LLC raised its stake in shares of Banco De Chile by 8.3% during the 3rd quarter. Aperio Group LLC now owns 129,889 shares of the bank’s stock worth $11,842,000 after acquiring an additional 9,963 shares in the last quarter. Credit Suisse AG raised its stake in shares of Banco De Chile by 8.1% during the 1st quarter. Credit Suisse AG now owns 98,968 shares of the bank’s stock worth $7,141,000 after acquiring an additional 7,435 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its stake in shares of Banco De Chile by 20.0% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 38,747 shares of the bank’s stock worth $3,020,000 after acquiring an additional 6,448 shares in the last quarter. Hedge funds and other institutional investors own 1.56% of the company’s stock.

Shares of Banco De Chile (NYSE BCH) opened at $90.04 on Friday. The company has a market cap of $15,045.68, a price-to-earnings ratio of 17.60, a PEG ratio of 2.07 and a beta of 0.46. The company has a quick ratio of 1.39, a current ratio of 1.42 and a debt-to-equity ratio of 2.50. Banco De Chile has a twelve month low of $66.65 and a twelve month high of $95.80.

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Several analysts have weighed in on BCH shares. Santander raised shares of Banco De Chile from a “hold” rating to a “buy” rating in a research report on Thursday, September 21st. ValuEngine raised shares of Banco De Chile from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research raised shares of Banco De Chile from a “hold” rating to a “buy” rating and set a $98.00 target price on the stock in a research report on Tuesday, August 22nd. BidaskClub downgraded shares of Banco De Chile from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. Finally, J P Morgan Chase & Co downgraded shares of Banco De Chile from an “overweight” rating to a “neutral” rating and set a $92.00 target price on the stock. in a research report on Wednesday, September 6th. Four research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $88.67.

Banco De Chile Company Profile

Institutional Ownership by Quarter for Banco De Chile (NYSE:BCH)

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