Banco BBVA Argentina S.A. (NYSE:BBAR - Get Free Report) hit a new 52-week low on Wednesday . The company traded as low as $19.91 and last traded at $20.16, with a volume of 580113 shares traded. The stock had previously closed at $20.82.
Banco BBVA Argentina Price Performance
The firm has a 50-day moving average of $18.70 and a 200-day moving average of $18.60. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.99 and a current ratio of 0.99. The firm has a market capitalization of $4.00 billion, a P/E ratio of 10.18 and a beta of 1.35.
Institutional Investors Weigh In On Banco BBVA Argentina
Several institutional investors have recently modified their holdings of BBAR. William Blair Investment Management LLC bought a new stake in shares of Banco BBVA Argentina in the fourth quarter worth approximately $19,446,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Banco BBVA Argentina by 93.3% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,733,785 shares of the bank's stock worth $33,046,000 after purchasing an additional 836,688 shares during the last quarter. PointState Capital LP boosted its holdings in Banco BBVA Argentina by 47.7% in the fourth quarter. PointState Capital LP now owns 2,458,304 shares of the bank's stock worth $46,855,000 after purchasing an additional 793,411 shares during the last quarter. Brevan Howard Capital Management LP bought a new stake in Banco BBVA Argentina in the 4th quarter worth approximately $11,050,000. Finally, Millennium Management LLC raised its stake in Banco BBVA Argentina by 695.8% during the 4th quarter. Millennium Management LLC now owns 523,438 shares of the bank's stock valued at $9,977,000 after buying an additional 457,663 shares during the last quarter.
About Banco BBVA Argentina
(
Get Free Report)
Banco BBVA Argentina SA provides various banking products and services to individuals and companies in Argentina. The company provides retail banking products and services, such as checking and savings accounts, time deposits, credit cards financing, consumer and pledge loans, mortgages, insurance, and investment products to individuals; and small and medium-sized companies products and services, including financing products, factoring, checking accounts, time deposits, transactional and payroll services, insurance, and investment products to private-sector companies.
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