Natixis Advisors LLC Has $459,000 Stock Position in Banco de Chile (NYSE:BCH)

Natixis Advisors LLC lowered its holdings in shares of Banco de Chile (NYSE:BCH) by 2.9% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,153 shares of the bank’s stock after selling 533 shares during the period. Natixis Advisors LLC’s holdings in Banco de Chile were worth $459,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of BCH. Baillie Gifford & Co. bought a new stake in Banco de Chile during the 2nd quarter worth $60,462,000. AQR Capital Management LLC grew its position in shares of Banco de Chile by 61.5% in the 2nd quarter. AQR Capital Management LLC now owns 243,009 shares of the bank’s stock valued at $5,499,000 after buying an additional 92,532 shares during the last quarter. Marshall Wace LLP grew its position in shares of Banco de Chile by 24.3% in the 2nd quarter. Marshall Wace LLP now owns 214,398 shares of the bank’s stock valued at $4,852,000 after buying an additional 41,894 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Banco de Chile in the 1st quarter valued at about $336,000. Finally, Liontrust Investment Partners LLP bought a new stake in shares of Banco de Chile in the 2nd quarter valued at about $294,000. Institutional investors own 1.24% of the company’s stock.

Banco de Chile Trading Down 0.1 %

NYSE BCH opened at $22.85 on Friday. Banco de Chile has a 12 month low of $20.93 and a 12 month high of $25.97. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 1.99. The business’s 50-day moving average price is $23.99 and its two-hundred day moving average price is $23.98.

Banco de Chile (NYSE:BCH) last announced its earnings results on Tuesday, October 29th. The bank reported $0.61 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.03). Banco de Chile had a net margin of 30.00% and a return on equity of 22.69%. The business had revenue of $980.10 million for the quarter, compared to the consensus estimate of $796.96 million. Sell-side analysts expect that Banco de Chile will post 2.51 earnings per share for the current year.

Banco de Chile Company Profile

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.