Macquarie Group Ltd. Has $814,000 Position in Banco Santander-Chile (BSAC)

Macquarie Group Ltd. reduced its position in shares of Banco Santander-Chile (NASDAQ:BSAC) by 3.9% during the second quarter, Holdings Channel reports. The institutional investor owned 42,067 shares of the company’s stock after selling 1,703 shares during the period. Macquarie Group Ltd.’s holdings in Banco Santander-Chile were worth $814,000 at the end of the most recent reporting period.

Shares of Banco Santander-Chile (NASDAQ:BSAC) opened at 20.86 on Monday. The firm has a 50-day moving average price of $21.37 and a 200-day moving average price of $19.76. The stock has a market cap of $9.83 billion and a price-to-earnings ratio of 13.04. Banco Santander-Chile has a one year low of $15.69 and a one year high of $22.62.

Banco Santander-Chile (NASDAQ:BSAC) last issued its earnings results on Thursday, July 28th. The company reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by $0.01. During the same quarter last year, the business posted $0.47 EPS. Analysts anticipate that Banco Santander-Chile will post $1.59 earnings per share for the current fiscal year.

A number of equities research analysts have weighed in on the company. Zacks Investment Research lowered Banco Santander-Chile from a “buy” rating to a “hold” rating in a report on Friday, September 9th. Bank of America Corp. reaffirmed an “underperform” rating and issued a $20.00 price objective on shares of Banco Santander-Chile in a report on Wednesday, September 7th.

Banco Santander-Chile Company Profile

Banco Santander-Chile is a Chilean bank. The Company provides commercial and retail banking services to its customers. Its commercial and retail banking services include Chilean peso and foreign currency denominated loans to finance a range of commercial transactions, trade, foreign currency forward contracts and credit lines and a line of retail banking services, including mortgage financing.

5 Day Chart for NASDAQ:BSAC

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