25 August, 2017
Banco Btg Pactual S.a. divested its ownership by selling 18,331 shares a decrease of 55.8%. Harvey Capital Management Inc owns 295,050 shares or 3.38% of their USA portfolio. Vanguard Group Inc now holds 2,095,880 shares worth $53,256,000.
Several other research analysts have also commented on BSAC. For the quarter, shares have been noted at -3.37%. Arrowstreet Capital, Limited Partnership controls 415,549 shares valued at $10,559,000.
In an overview of the current analyst recommendations, Buy count is 3 and Overweight is 0 while the number of analysts recommending Sell and Underweight are 2 and 1, respectively. Huntington National Bank raised its position in Banco Santander-Chile by 4.7% in the second quarter. UBS AG now has $27.00 target price on the bank's stock, up from their prior target price of $24.00.
Stock market investors are typically searching for solid quality companies to help boost the portfolio. Banco Santander, has a 52 week low of $4.19 and a 52 week high of $6.99. The stock is trading at $29.87 just above the 50 day moving average of $27.82 and a great deal higher than the 200 day moving average of $25.00. Banco Santander, S.A. The company has a market capitalization of $100.43 billion, a PE ratio of 12.27 and a beta of 1.41. Additionally Banco Santander - Chile ADS recently announced a dividend that was paid on Friday May 5th, 2017. The bank reported $0.12 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.14 by $0.02. It has outperformed by 13.97% the S&P500.The move comes after 7 months positive chart setup for the $14.17 billion company.
WARNING: "Banco Santander, S.A. (SAN) Given a €5.95 Price Target at Citigroup Inc." was published by StockNewsTimes and is the property of of StockNewsTimes. During the same quarter a year ago, the firm earned $0.40 EPS. They may reinvest profits back into the business, or they may choose to pay shareholders dividends from those earnings. Stockholders of record on Thursday, August 3rd were given a $0.056 dividend. The ex-dividend date was Thursday the 3rd of August 2017. The 14-day RSI is presently standing at 69.84, the 7-day sits at 71.34, and the 3-day is resting at 84.47.
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Several equities research analysts have recently issued reports on SAN shares. Sometimes earnings reports may be good, but the stock price does not reflect that. Zacks Investment Research downgraded shares of Banco Santander, from a "buy" rating to a "hold" rating in a research note on Saturday, June 10th. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock now has an average rating of Hold and an average target price of $25.60. Finally, Comerica Bank increased its stake in shares of Banco Santander-Chile by 1.3% in the first quarter. The Banks segments include Continental Europe, the United Kingdom, Latin America and the United States.
