Blue Trust Inc. raised its stake in Banco de Chile (NYSE:BCH – Free Report) by 629.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,564 shares of the bank’s stock after acquiring an additional 5,664 shares during the quarter. Blue Trust Inc.’s holdings in Banco de Chile were worth $146,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in BCH. Whittier Trust Co. of Nevada Inc. lifted its stake in Banco de Chile by 569.6% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,279 shares of the bank’s stock valued at $28,000 after purchasing an additional 1,088 shares during the last quarter. Parallel Advisors LLC lifted its stake in shares of Banco de Chile by 163.9% in the 4th quarter. Parallel Advisors LLC now owns 1,581 shares of the bank’s stock valued at $36,000 after acquiring an additional 982 shares during the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of Banco de Chile by 335.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,918 shares of the bank’s stock valued at $44,000 after acquiring an additional 1,478 shares in the last quarter. Quadrant Capital Group LLC grew its position in Banco de Chile by 68.1% during the 4th quarter. Quadrant Capital Group LLC now owns 7,710 shares of the bank’s stock worth $178,000 after acquiring an additional 3,123 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC acquired a new position in Banco de Chile in the 4th quarter worth about $214,000. 1.24% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, StockNews.com raised Banco de Chile from a ‘sell’ rating to a ‘hold’ rating in a research note on Friday, July 19th.
Check Out Our Latest Stock Analysis on BCH
Banco de Chile Price Performance
Shares of NYSE:BCH opened at $25.06 on Tuesday. The company has a debt-to-equity ratio of 2.29, a quick ratio of 1.48 and a current ratio of 1.47. Banco de Chile has a 52 week low of $19.20 and a 52 week high of $25.13. The firm has a market cap of $12.66 billion, a PE ratio of 8.44 and a beta of 0.40. The firm’s fifty day moving average is $23.50 and its 200-day moving average is $23.13.
About Banco de Chile
(Free Report)
Banco de Chile, together with its subsidiaries, provides various banking services to customers in Chile. The company offers checking and debit accounts, debit and credit cards, and lines of credit; mortgage, consume, commercial, general purpose mortgage loans, and finance leases; and factoring services, mutual fund management, stock brokerage, foreign trade, payments and collections, insurance brokerage, including life and general insurance, as well as time deposits, savings instruments, and foreign currency services through branches under the Banco de Chile and Banco Edwards brands.
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