Cubist Systematic Strategies LLC grew its stake in shares of Banco BBVA Argentina S.A. (NYSE:BBAR - Free Report) by 38.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 149,350 shares of the bank's stock after acquiring an additional 41,852 shares during the period. Cubist Systematic Strategies LLC owned 0.07% of Banco BBVA Argentina worth $2,847,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of the stock. Blue Trust Inc. grew its stake in Banco BBVA Argentina by 38.0% in the fourth quarter. Blue Trust Inc. now owns 2,488 shares of the bank's stock valued at $47,000 after purchasing an additional 685 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Banco BBVA Argentina by 123.8% in the 4th quarter. GAMMA Investing LLC now owns 4,171 shares of the bank's stock valued at $79,000 after buying an additional 2,307 shares in the last quarter. Clear Creek Financial Management LLC acquired a new position in Banco BBVA Argentina in the fourth quarter worth approximately $236,000. NewEdge Advisors LLC raised its position in Banco BBVA Argentina by 1,332.9% during the fourth quarter. NewEdge Advisors LLC now owns 14,759 shares of the bank's stock valued at $281,000 after acquiring an additional 13,729 shares in the last quarter. Finally, HUB Investment Partners LLC lifted its stake in Banco BBVA Argentina by 42.6% in the fourth quarter. HUB Investment Partners LLC now owns 15,318 shares of the bank's stock valued at $292,000 after acquiring an additional 4,574 shares during the last quarter.
Banco BBVA Argentina Stock Performance
Shares of BBAR opened at $20.37 on Friday. The firm has a market cap of $4.16 billion, a price-to-earnings ratio of 10.61 and a beta of 1.35. The company's fifty day moving average is $18.82 and its 200-day moving average is $18.79. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.09. Banco BBVA Argentina S.A. has a 12 month low of $7.05 and a 12 month high of $25.01.
Banco BBVA Argentina Company Profile
(
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Banco BBVA Argentina, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Banco BBVA Argentina wasn't on the list.
While Banco BBVA Argentina currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
