Banco Santander-Chile (BSAC) Shares Bought by AQR Capital Management LLC

AQR Capital Management LLC boosted its position in Banco Santander-Chile (NASDAQ:BSAC) by 11.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,001,448 shares of the bank’s stock after buying an additional 299,298 shares during the period. AQR Capital Management LLC owned about 0.64% of Banco Santander-Chile worth $75,276,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC raised its position in Banco Santander-Chile by 24.7% in the first quarter. O Shaughnessy Asset Management LLC now owns 4,879 shares of the bank’s stock worth $122,000 after buying an additional 967 shares in the last quarter. Global X Management Co. LLC raised its position in Banco Santander-Chile by 27.4% in the first quarter. Global X Management Co. LLC now owns 7,497 shares of the bank’s stock worth $188,000 after buying an additional 1,612 shares in the last quarter. Commerzbank Aktiengesellschaft FI purchased a new position in Banco Santander-Chile during the first quarter worth $224,000. Pacad Investment Ltd. raised its position in Banco Santander-Chile by 243.3% in the fourth quarter. Pacad Investment Ltd. now owns 10,300 shares of the bank’s stock worth $225,000 after buying an additional 7,300 shares in the last quarter. Finally, BNP Paribas Arbitrage SA purchased a new position in Banco Santander-Chile during the first quarter worth $235,000.

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

Banco Santander-Chile (NASDAQ BSAC) traded down 0.86% on Tuesday, reaching $25.30. 369,747 shares of the company’s stock were exchanged. The firm has a market cap of $11.92 billion and a PE ratio of 15.81. Banco Santander-Chile has a 12 month low of $17.83 and a 12 month high of $25.66. The firm’s 50-day moving average is $24.47 and its 200-day moving average is $23.27.

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A number of research analysts have weighed in on BSAC shares. Zacks Investment Research raised shares of Banco Santander-Chile from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a research report on Tuesday, June 6th. BidaskClub raised shares of Banco Santander-Chile from a “hold” rating to a “buy” rating in a research report on Friday. Goldman Sachs Group, Inc. (The) boosted their target price on shares of Banco Santander-Chile from $23.00 to $26.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 2nd. Finally, Credit Suisse Group reissued a “neutral” rating and set a $26.00 target price (up previously from $25.00) on shares of Banco Santander-Chile in a research report on Wednesday, April 19th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. Banco Santander-Chile presently has an average rating of “Hold” and a consensus price target of $24.75.

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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