Todd Asset Management LLC grew its position in Banco Santander-Chile (NYSE:BSAC) by 0.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 741,503 shares of the bank’s stock after acquiring an additional 4,884 shares during the quarter. Todd Asset Management LLC owned 0.16% of Banco Santander-Chile worth $23,305,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the business. USS Investment Management Ltd increased its position in shares of Banco Santander-Chile by 13.9% during the 1st quarter. USS Investment Management Ltd now owns 1,642,174 shares of the bank’s stock valued at $54,282,000 after purchasing an additional 200,000 shares during the last quarter. Millennium Management LLC bought a new position in shares of Banco Santander-Chile during the 4th quarter valued at approximately $3,553,000. NS Partners Ltd increased its position in shares of Banco Santander-Chile by 72.6% during the 2nd quarter. NS Partners Ltd now owns 183,287 shares of the bank’s stock valued at $5,761,000 after purchasing an additional 77,100 shares during the last quarter. State of New Jersey Common Pension Fund D increased its position in shares of Banco Santander-Chile by 21.1% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 417,657 shares of the bank’s stock valued at $13,127,000 after purchasing an additional 72,668 shares during the last quarter. Finally, BlackRock Inc. increased its position in shares of Banco Santander-Chile by 4.1% during the 1st quarter. BlackRock Inc. now owns 1,186,707 shares of the bank’s stock valued at $39,766,000 after purchasing an additional 46,844 shares during the last quarter. 15.45% of the stock is currently owned by institutional investors and hedge funds.

NYSE BSAC opened at $30.62 on Monday. The company has a market cap of $14.66 billion, a PE ratio of 15.78, a P/E/G ratio of 1.22 and a beta of 0.87. The company has a debt-to-equity ratio of 2.84, a quick ratio of 1.73 and a current ratio of 1.73. Banco Santander-Chile has a fifty-two week low of $26.41 and a fifty-two week high of $35.09.

Banco Santander-Chile (NYSE:BSAC) last posted its quarterly earnings data on Thursday, July 26th. The bank reported $0.50 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.54 by ($0.04). Banco Santander-Chile had a net margin of 22.58% and a return on equity of 18.75%. The business had revenue of $717.19 million for the quarter, compared to analysts’ expectations of $791.94 million. equities analysts expect that Banco Santander-Chile will post 2.06 earnings per share for the current year.

Several equities analysts have recently weighed in on the company. ValuEngine downgraded Banco Santander-Chile from a “buy” rating to a “hold” rating in a research report on Wednesday, August 8th. Zacks Investment Research downgraded Banco Santander-Chile from a “buy” rating to a “hold” rating in a research report on Monday, May 21st. Two equities research analysts have rated the stock with a sell rating and five have given a hold rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $32.00.

Banco Santander-Chile Profile

Banco Santander-Chile provides commercial and retail banking products and services in Chile. It operates through Retail Banking, Middle-Market, and Global Corporate Banking segments. The company offers checking accounts and savings products; consumer, auto, commercial, mortgage, and government-guaranteed loans; credit and debit cards; and Chilean peso and foreign currency denominated loans to finance various commercial transactions, trade, foreign currency forward contracts, and credit lines.

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

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