Cubist Systematic Strategies LLC Sells 8,362 Shares of Banco Santander-Chile (BSAC)

Cubist Systematic Strategies LLC reduced its holdings in shares of Banco Santander-Chile (NASDAQ:BSAC) by 48.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,847 shares of the bank’s stock after selling 8,362 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in Banco Santander-Chile were worth $225,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of BSAC. Huntington National Bank boosted its stake in shares of Banco Santander-Chile by 4.7% during the 2nd quarter. Huntington National Bank now owns 4,757 shares of the bank’s stock worth $121,000 after purchasing an additional 212 shares during the last quarter. Global X Management Co. LLC boosted its stake in shares of Banco Santander-Chile by 1.4% during the 2nd quarter. Global X Management Co. LLC now owns 7,605 shares of the bank’s stock worth $193,000 after purchasing an additional 108 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its stake 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 worth $307,000 after purchasing an additional 1,824 shares during the last quarter. Financial Counselors Inc. boosted its stake in shares of Banco Santander-Chile by 2.8% during the 2nd quarter. Financial Counselors Inc. now owns 12,623 shares of the bank’s stock worth $321,000 after purchasing an additional 346 shares during the last quarter. Finally, Stifel Financial Corp boosted its stake in shares of Banco Santander-Chile by 8.0% during the 2nd quarter. Stifel Financial Corp now owns 20,604 shares of the bank’s stock worth $522,000 after purchasing an additional 1,527 shares during the last quarter.

TRADEMARK VIOLATION NOTICE: “Cubist Systematic Strategies LLC Sells 8,362 Shares of Banco Santander-Chile (BSAC)” was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this news story on another website, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this news story can be read at https://www.com-unik.info/2017/11/03/cubist-systematic-strategies-llc-sells-8362-shares-of-banco-santander-chile-bsac.html.

Several research firms have issued reports on BSAC. BidaskClub cut shares of Banco Santander-Chile from a “buy” rating to a “hold” rating in a research note on Friday, September 15th. Zacks Investment Research raised shares of Banco Santander-Chile from a “hold” rating to a “buy” rating and set a $29.00 price target on the stock in a research note on Wednesday, July 12th. Scotia Howard Weill cut shares of Banco Santander-Chile from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, October 24th. Finally, UBS AG cut shares of Banco Santander-Chile from a “neutral” rating to a “sell” rating and raised their price target for the stock from $24.00 to $27.00 in a research note on Tuesday, August 22nd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $27.00.

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.

Want to see what other hedge funds are holding BSAC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Banco Santander-Chile (NASDAQ:BSAC).

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

What are top analysts saying about Banco Santander-Chile? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Banco Santander-Chile and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit