Banco Santander-Chile (NYSE:BSAC) Holdings Raised by Renaissance Technologies LLC

Renaissance Technologies LLC boosted its position in Banco Santander-Chile (NYSE:BSAC - Free Report) by 21.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 659,627 shares of the bank's stock after purchasing an additional 116,200 shares during the period. Renaissance Technologies LLC owned about 0.14% of Banco Santander-Chile worth $12,441,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of BSAC. Integrated Quantitative Investments LLC acquired a new position in shares of Banco Santander-Chile in the fourth quarter worth $817,000. Atlas Capital Advisors Inc. grew its holdings in shares of Banco Santander-Chile by 12.3% during the fourth quarter. Atlas Capital Advisors Inc. now owns 7,897 shares of the bank's stock worth $149,000 after buying an additional 863 shares in the last quarter. Edmond DE Rothschild Holding S.A. lifted its position in Banco Santander-Chile by 43.5% during the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 32,968 shares of the bank's stock worth $622,000 after buying an additional 10,000 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in Banco Santander-Chile by 9.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 629,275 shares of the bank's stock valued at $11,868,000 after buying an additional 55,061 shares during the period. Finally, DnB Asset Management AS boosted its position in shares of Banco Santander-Chile by 16.0% in the fourth quarter. DnB Asset Management AS now owns 307,359 shares of the bank's stock worth $5,797,000 after acquiring an additional 42,371 shares during the last quarter. Institutional investors and hedge funds own 6.42% of the company's stock.

Banco Santander-Chile Trading Up 1.5 %

Banco Santander-Chile stock traded up $0.37 during trading on Monday, reaching $24.34. The company had a trading volume of 539,744 shares, compared to its average volume of 291,444. The company has a debt-to-equity ratio of 2.70, a quick ratio of 1.79 and a current ratio of 1.79. The firm has a market capitalization of $11.47 billion, a price-to-earnings ratio of 12.57, a PEG ratio of 0.96 and a beta of 0.72. Banco Santander-Chile has a 12-month low of $17.79 and a 12-month high of $24.61. The stock's 50 day moving average price is $22.53 and its two-hundred day moving average price is $20.62.

Banco Santander-Chile (NYSE:BSAC - Get Free Report) last issued its earnings results on Friday, January 31st. The bank reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.05). Banco Santander-Chile had a return on equity of 19.15% and a net margin of 19.16%. As a group, equities analysts expect that Banco Santander-Chile will post 2.07 earnings per share for the current fiscal year.

Banco Santander-Chile Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Tuesday, May 6th. Investors of record on Wednesday, April 23rd will be issued a $1.349 dividend. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a yield of 4.8%. This is an increase from Banco Santander-Chile's previous annual dividend of $1.25. Banco Santander-Chile's dividend payout ratio is currently 51.55%.

Banco Santander-Chile Company Profile

Banco Santander-Chile, together with its subsidiaries, provides commercial and retail banking services in Chile. It operates through Retail Banking, Middle-Market, Corporate Investment Banking, and Corporate Activities segments. The company offers debit and credit cards, checking accounts, and savings products; consumer, automobile, commercial, mortgage, and government-guaranteed loans; and Chilean peso and foreign currency-denominated loans to finance various commercial transactions, trade, foreign currency forward contracts, and credit lines, as well as mortgage financing services.