BNP Paribas Financial Markets Buys 21,612 Shares of Banco de Chile (NYSE:BCH)

BNP Paribas Financial Markets increased its position in Banco de Chile (NYSE:BCH) by 18,631.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 21,728 shares of the bank’s stock after buying an additional 21,612 shares during the quarter. BNP Paribas Financial Markets’ holdings in Banco de Chile were worth $550,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Allspring Global Investments Holdings LLC bought a new position in shares of Banco de Chile during the third quarter worth $36,000. Blue Trust Inc. boosted its holdings in shares of Banco de Chile by 629.3% in the 2nd quarter. Blue Trust Inc. now owns 6,564 shares of the bank’s stock worth $146,000 after purchasing an additional 5,664 shares during the period. Creative Planning bought a new position in Banco de Chile during the third quarter valued at $225,000. Liontrust Investment Partners LLP bought a new stake in Banco de Chile in the second quarter worth about $294,000. Finally, Vanguard Personalized Indexing Management LLC grew its position in Banco de Chile by 31.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 15,596 shares of the bank’s stock valued at $351,000 after acquiring an additional 3,730 shares during the last quarter. Hedge funds and other institutional investors own 1.24% of the company’s stock.

Banco de Chile Price Performance

Banco de Chile stock opened at $23.53 on Friday. Banco de Chile has a 1 year low of $20.93 and a 1 year high of $25.97. The firm has a 50-day moving average of $23.61 and a two-hundred day moving average of $23.90. The company has a debt-to-equity ratio of 1.99, a current ratio of 1.52 and a quick ratio of 1.52.

Banco de Chile (NYSE:BCH) last released its quarterly earnings data on Tuesday, October 29th. The bank reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.03). The firm had revenue of $980.10 million during the quarter, compared to the consensus estimate of $796.96 million. Banco de Chile had a net margin of 30.00% and a return on equity of 22.69%. Equities analysts anticipate that Banco de Chile will post 2.5 EPS for the current fiscal 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.