Global X Management Co. LLC Has $188,000 Position in Banco Santander-Chile (BSAC)

Global X Management Co. LLC increased its stake in shares of Banco Santander-Chile (NASDAQ:BSAC) by 27.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,497 shares of the bank’s stock after buying an additional 1,612 shares during the period. Global X Management Co. LLC’s holdings in Banco Santander-Chile were worth $188,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Macquarie Group Ltd. boosted its position in shares of Banco Santander-Chile by 5.2% in the fourth quarter. Macquarie Group Ltd. now owns 36,570 shares of the bank’s stock valued at $800,000 after buying an additional 1,800 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Banco Santander-Chile by 10.5% in the first quarter. JPMorgan Chase & Co. now owns 9,924,349 shares of the bank’s stock valued at $248,904,000 after buying an additional 940,607 shares during the last quarter. Commerzbank Aktiengesellschaft FI bought a new position in shares of Banco Santander-Chile during the first quarter valued at $224,000. Capstone Asset Management Co. boosted its position in shares of Banco Santander-Chile by 8.3% in the first quarter. Capstone Asset Management Co. now owns 354,032 shares of the bank’s stock valued at $8,879,000 after buying an additional 27,179 shares during the last quarter. Finally, World Asset Management Inc boosted its position in shares of Banco Santander-Chile by 1.5% in the first quarter. World Asset Management Inc now owns 29,348 shares of the bank’s stock valued at $736,000 after buying an additional 445 shares during the last quarter.

Shares of Banco Santander-Chile (NASDAQ:BSAC) opened at 25.23 on Wednesday. Banco Santander-Chile has a 52 week low of $17.83 and a 52 week high of $25.66. The firm has a market capitalization of $11.89 billion and a P/E ratio of 15.77. The company has a 50-day moving average of $24.50 and a 200 day moving average of $23.30.

TRADEMARK VIOLATION NOTICE: “Global X Management Co. LLC Has $188,000 Position in Banco Santander-Chile (BSAC)” was originally reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international copyright and trademark laws. The correct version of this report can be viewed at https://sportsperspectives.com/2017/06/28/global-x-management-co-llc-has-188000-position-in-banco-santander-chile-bsac.html.

BSAC has been the subject of several analyst reports. Zacks Investment Research upgraded Banco Santander-Chile from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a report on Tuesday, June 13th. Credit Suisse Group reiterated a “neutral” rating and issued a $26.00 target price (up from $25.00) on shares of Banco Santander-Chile in a research note on Wednesday, April 19th. BidaskClub downgraded shares of Banco Santander-Chile from a “buy” rating to a “hold” rating in a research note on Friday, June 9th. Finally, Goldman Sachs Group, Inc. (The) raised their target price on shares of Banco Santander-Chile from $23.00 to $26.00 and gave the company a “neutral” rating in a research note on Tuesday, May 2nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $24.75.

Banco Santander-Chile Company Profile

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.

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

Receive News & Ratings for Banco Santander-Chile Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Santander-Chile and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply