Shares of Banco De Chile (NYSE:BCH - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $27.49 and traded as high as $28.76. Banco De Chile shares last traded at $28.34, with a volume of 562,744 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised shares of Banco De Chile from a "sell" rating to a "hold" rating in a research report on Friday, May 2nd.
View Our Latest Stock Analysis on BCH
Banco De Chile Stock Down 0.2%
The firm has a market cap of $14.34 billion, a price-to-earnings ratio of 9.93, a P/E/G ratio of 5.91 and a beta of 0.25. The firm's 50 day moving average price is $30.10 and its two-hundred day moving average price is $27.58. The company has a debt-to-equity ratio of 2.09, a current ratio of 1.48 and a quick ratio of 1.48.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the stock. Brooklyn Investment Group increased its stake in shares of Banco De Chile by 823.3% during the 1st quarter. Brooklyn Investment Group now owns 1,385 shares of the bank's stock worth $37,000 after purchasing an additional 1,235 shares in the last quarter. Signaturefd LLC grew its position in shares of Banco De Chile by 14.5% during the 4th quarter. Signaturefd LLC now owns 3,903 shares of the bank's stock valued at $89,000 after buying an additional 493 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in Banco De Chile by 1,355.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 3,231 shares of the bank's stock valued at $98,000 after purchasing an additional 3,009 shares during the period. Atlas Capital Advisors Inc. boosted its stake in Banco De Chile by 30.7% during the 4th quarter. Atlas Capital Advisors Inc. now owns 6,324 shares of the bank's stock valued at $143,000 after purchasing an additional 1,487 shares during the period. Finally, Raiffeisen Bank International AG acquired a new stake in shares of Banco De Chile in the 4th quarter worth approximately $151,000. 1.24% of the stock is owned by hedge funds and other institutional investors.
Banco De Chile Company Profile
(
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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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