GAMMA Investing LLC boosted its stake in Banco BBVA Argentina S.A. (NYSE:BBAR - Free Report) by 2,203.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 96,090 shares of the bank's stock after acquiring an additional 91,919 shares during the quarter. GAMMA Investing LLC's holdings in Banco BBVA Argentina were worth $1,741,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Blue Trust Inc. boosted its holdings in Banco BBVA Argentina by 38.0% in the 4th quarter. Blue Trust Inc. now owns 2,488 shares of the bank's stock worth $47,000 after acquiring an additional 685 shares during the period. XTX Topco Ltd boosted its holdings in Banco BBVA Argentina by 25.7% in the 4th quarter. XTX Topco Ltd now owns 16,521 shares of the bank's stock worth $315,000 after acquiring an additional 3,378 shares during the period. HUB Investment Partners LLC boosted its holdings in Banco BBVA Argentina by 42.6% in the 4th quarter. HUB Investment Partners LLC now owns 15,318 shares of the bank's stock worth $292,000 after acquiring an additional 4,574 shares during the period. NewEdge Advisors LLC boosted its holdings in Banco BBVA Argentina by 1,332.9% in the 4th quarter. NewEdge Advisors LLC now owns 14,759 shares of the bank's stock worth $281,000 after acquiring an additional 13,729 shares during the period. Finally, Hood River Capital Management LLC boosted its holdings in Banco BBVA Argentina by 153.1% in the 4th quarter. Hood River Capital Management LLC now owns 27,905 shares of the bank's stock worth $532,000 after acquiring an additional 16,879 shares during the period.
Analyst Ratings Changes
Separately, Itau BBA Securities started coverage on Banco BBVA Argentina in a research note on Tuesday, May 20th. They set a "market perform" rating and a $18.00 target price for the company.
Check Out Our Latest Report on BBAR
Banco BBVA Argentina Stock Down 4.2%
Shares of Banco BBVA Argentina stock traded down $0.78 on Friday, hitting $17.98. 749,661 shares of the company's stock traded hands, compared to its average volume of 751,177. The stock has a market cap of $3.67 billion, a P/E ratio of 9.36 and a beta of 1.26. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.09. The firm's 50-day moving average is $19.78 and its 200 day moving average is $19.61. Banco BBVA Argentina S.A. has a 52-week low of $7.05 and a 52-week high of $25.01.
Banco BBVA Argentina (NYSE:BBAR - Get Free Report) last released its earnings results on Wednesday, May 21st. The bank reported $0.28 EPS for the quarter, beating the consensus estimate of $0.26 by $0.02. The company had revenue of $667.94 million during the quarter, compared to analysts' expectations of $751.69 billion. Banco BBVA Argentina had a return on equity of 12.21% and a net margin of 6.09%. Equities analysts anticipate that Banco BBVA Argentina S.A. will post 1.94 earnings per share for the current year.
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.
Featured Articles
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 Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
