BBVA Banco Frances S.A. (NYSE:BBAR) Receives Consensus Rating of "Hold" from Analysts

Key Points

• BBVA Banco Frances S.A. has received a consensus rating of "Hold" from analysts, with one sell rating, two hold ratings, and two buy ratings represented among the five analysts covering the stock.
• The company's stock price has fluctuated significantly, with a 1-year low of $7.98 and a high of $25.01, currently trading at approximately $8.42.
• BBVA Banco Frances recently declared a monthly dividend of $0.0335 per share, resulting in an annualized dividend yield of 4.8%.

Shares of BBVA Banco Frances S.A. (NYSE:BBAR - Get Free Report) have been given an average rating of "Hold" by the five analysts that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $20.6667.

Several brokerages recently issued reports on BBAR. Wall Street Zen upgraded BBVA Banco Frances from a "sell" rating to a "hold" rating in a research report on Sunday, September 7th. HSBC upgraded BBVA Banco Frances from a "hold" rating to a "buy" rating and set a $17.00 price objective for the company in a research report on Wednesday. Citigroup downgraded BBVA Banco Frances from a "buy" rating to a "hold" rating in a report on Thursday, September 11th. Finally, Zacks Research lowered BBVA Banco Frances from a "hold" rating to a "strong sell" rating in a research note on Monday, September 8th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Fourth Sail Capital LP acquired a new stake in shares of BBVA Banco Frances during the 2nd quarter worth $29,399,000. PointState Capital LP increased its holdings in BBVA Banco Frances by 36.1% in the 1st quarter. PointState Capital LP now owns 3,346,539 shares of the bank's stock valued at $60,639,000 after purchasing an additional 888,235 shares in the last quarter. Samlyn Capital LLC increased its holdings in BBVA Banco Frances by 30.8% in the 1st quarter. Samlyn Capital LLC now owns 1,852,539 shares of the bank's stock valued at $33,568,000 after purchasing an additional 435,692 shares in the last quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in BBVA Banco Frances in the 2nd quarter valued at $3,168,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in BBVA Banco Frances by 9.8% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,021,521 shares of the bank's stock valued at $33,274,000 after purchasing an additional 180,137 shares in the last quarter.

BBVA Banco Frances Price Performance

Shares of BBAR stock traded up $0.10 during midday trading on Wednesday, reaching $8.42. 166,231 shares of the company traded hands, compared to its average volume of 837,533. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.11 and a quick ratio of 1.05. BBVA Banco Frances has a 1-year low of $7.98 and a 1-year high of $25.01. The firm has a market cap of $1.72 billion, a PE ratio of 6.30 and a beta of 1.30. The firm's 50 day simple moving average is $12.90 and its two-hundred day simple moving average is $16.49.

BBVA Banco Frances (NYSE:BBAR - Get Free Report) last issued its quarterly earnings data on Wednesday, August 20th. The bank reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.13). BBVA Banco Frances had a return on equity of 10.24% and a net margin of 6.65%.The company had revenue of $524.41 million for the quarter, compared to analyst estimates of $727.31 billion. On average, equities research analysts expect that BBVA Banco Frances will post 1.94 EPS for the current fiscal year.

BBVA Banco Frances Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, September 26th. Shareholders of record on Friday, September 19th were paid a dividend of $0.0335 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend was Friday, September 19th. BBVA Banco Frances's dividend payout ratio is currently 29.85%.

BBVA Banco Frances Company Profile

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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