Banco Santander-Chile (NYSE: BSAC) was demoted by fairness researchers at Credit score Suisse Group from an “outperformance” score to a “impartial” score in a report launched on Friday, Fly studies.
Individually, Zacks funding analysis raised Banco Santander-Chile shares from a “maintain” score to a “purchase” score and set a worth goal of $ 23.00 on the inventory in a analysis word on Monday, February 8 .
BSAC traded down $ 0.29 when buying and selling on Friday, to hit $ 24.38. The corporate had a buying and selling quantity of 18,147 shares, in comparison with a median quantity of 416,561 shares. The corporate has a debt to fairness ratio of 4.01, a present ratio of two.11 and a speedy ratio of two.11. Banco Santander-Chile has a 12 month minimal of $ 13.30 and a 12 month most of $ 25.89. The corporate’s fifty-day cellular common worth is $ 23.65 and its 200-day cellular common worth is $ 18.93. The corporate has a market cap of $ 11.49 billion, a P / E ratio of 20.47, a PEG ratio of two.41 and a beta of 0.85.
Banco Santander-Chile (NYSE: BSAC) final reported its quarterly outcomes on Thursday, February 4. The financial institution reported earnings per share of $ 0.55 for the quarter, beating the Zacks’ consensus estimate of $ 0.42 by $ 0.13. Banco Santander-Chile had a internet margin of 17.13% and a return on fairness of 12.77%. The corporate reported income of $ 789.91 million for the quarter, in comparison with analysts’ estimates of $ 989.53 million. As a gaggle, promoting analysts predict that Banco Santander-Chile will submit 1.37 EPS for the present fiscal yr.
A number of hedge funds have just lately modified their positions in BSAC. Itau Unibanco Holding SA elevated its place in Banco Santander-Chile shares by 21.5% within the fourth quarter. Itau Unibanco Holding SA now owns 1,421,771 shares of the financial institution valued at $ 26,999,000 after buying an extra 251,830 shares over the past quarter. DNB Asset Administration AS acquired a brand new stake in shares of Banco Santander-Chile within the fourth quarter valued at $ 3,843,000. B. Metzler seel. Sohn & Co. Holding AG bought a brand new stake in Banco Santander-Chile shares within the fourth quarter valued at $ 3,593,000. BlackRock Inc. elevated its place in Banco Santander-Chile shares by 7.0% within the fourth quarter. BlackRock Inc. now owns 2,344,654 shares of the financial institution valued at $ 44,525,000 after buying an extra 153,096 shares within the final quarter. Lastly, Fiera Capital Corp raised its place in Banco Santander-Chile shares by 38.7% within the fourth quarter. Fiera Capital Corp now owns 271,235 shares of the financial institution valued at $ 5,151,000 after buying an extra 75,650 shares within the final quarter.
Banco Santander-Chile Firm Profile
Banco Santander-Chile, along with its subsidiaries, offers industrial and retail banking services in Chile. It operates by means of the Retail Banking, Center-Market and Company Funding Banking segments. The corporate gives debit and bank cards, checking accounts and financial savings merchandise; client, auto, enterprise, mortgage and authorities assured loans; and loans denominated in Chilean pesos and foreign currency to finance numerous enterprise transactions, commerce, overseas trade ahead contracts and features of credit score.
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