Todd Asset Management LLC reduced its position in Banco Santander-Chile (NASDAQ:BSAC) by 0.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 726,772 shares of the bank’s stock after selling 3,213 shares during the quarter. Todd Asset Management LLC’s holdings in Banco Santander-Chile were worth $21,592,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in BSAC. Legal & General Group Plc bought a new stake in shares of Banco Santander-Chile during the 1st quarter valued at approximately $1,310,000. Vanguard Group Inc. grew its holdings in shares of Banco Santander-Chile by 10.2% during the 1st quarter. Vanguard Group Inc. now owns 1,923,488 shares of the bank’s stock valued at $48,241,000 after purchasing an additional 178,061 shares during the last quarter. UBS Group AG grew its holdings in shares of Banco Santander-Chile by 39.0% during the 1st quarter. UBS Group AG now owns 52,433 shares of the bank’s stock valued at $1,315,000 after purchasing an additional 14,704 shares during the last quarter. Schwab Charles Investment Management Inc. grew its holdings in shares of Banco Santander-Chile by 17.1% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 133,145 shares of the bank’s stock valued at $3,340,000 after purchasing an additional 19,402 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its holdings in shares of Banco Santander-Chile by 17.5% during the 1st quarter. Nomura Asset Management Co. Ltd. now owns 12,266 shares of the bank’s stock valued at $307,000 after purchasing an additional 1,824 shares during the last quarter.

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Several equities research analysts recently commented on BSAC shares. Zacks Investment Research upgraded shares of Banco Santander-Chile from a “hold” rating to a “buy” rating and set a $29.00 target price on the stock in a research report on Tuesday, July 18th. BidaskClub upgraded shares of Banco Santander-Chile from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 5th. UBS AG downgraded shares of Banco Santander-Chile from a “neutral” rating to a “sell” rating and lifted their target price for the stock from $24.00 to $27.00 in a research report on Tuesday, August 22nd. Finally, Scotia Howard Weill upgraded shares of Banco Santander-Chile from a “sector perform” rating to an “outperform” rating in a research report on Friday, August 25th. One research analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $27.00.

Shares of Banco Santander-Chile (NASDAQ:BSAC) traded down $0.29 during midday trading on Tuesday, hitting $30.10. 326,000 shares of the stock were exchanged, compared to its average volume of 440,531. Banco Santander-Chile has a 1 year low of $21.06 and a 1 year high of $32.02.

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.

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

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