Public Employees Retirement System of Ohio Purchases New Position in Banco BBVA Argentina S.A. (NYSE:BBAR)

Public Employees Retirement System of Ohio acquired a new stake in Banco BBVA Argentina S.A. (NYSE:BBAR - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 91,391 shares of the bank's stock, valued at approximately $1,742,000.

Several other institutional investors also recently bought and sold shares of the business. Blue Trust Inc. boosted its holdings in shares of Banco BBVA Argentina by 38.0% in the 4th quarter. Blue Trust Inc. now owns 2,488 shares of the bank's stock valued at $47,000 after buying an additional 685 shares during the period. Clear Creek Financial Management LLC acquired a new position in shares of Banco BBVA Argentina during the 4th quarter valued at $236,000. NewEdge Advisors LLC raised its stake in shares of 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 buying an additional 13,729 shares in the last quarter. HUB Investment Partners LLC raised its stake in shares of 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 buying an additional 4,574 shares in the last quarter. Finally, XTX Topco Ltd lifted its holdings in shares of Banco BBVA Argentina by 25.7% in the fourth quarter. XTX Topco Ltd now owns 16,521 shares of the bank's stock valued at $315,000 after buying an additional 3,378 shares during the period.

Banco BBVA Argentina Stock Down 0.6%

Shares of NYSE BBAR traded down $0.11 during trading hours on Thursday, hitting $17.46. The stock had a trading volume of 532,208 shares, compared to its average volume of 757,950. The firm's 50-day moving average price is $19.63 and its two-hundred day moving average price is $19.54. Banco BBVA Argentina S.A. has a 52 week low of $7.05 and a 52 week high of $25.01. The company has a market capitalization of $3.57 billion, a P/E ratio of 9.10 and a beta of 1.35. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.99 and a current ratio of 0.99.

Banco BBVA Argentina (NYSE:BBAR - Get Free Report) last posted its earnings results on Wednesday, May 21st. The bank reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.02. Banco BBVA Argentina had a return on equity of 12.21% and a net margin of 6.09%. The company had revenue of $667.94 million for the quarter, compared to analyst estimates of $751.69 billion. Analysts anticipate that Banco BBVA Argentina S.A. will post 1.94 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Itau BBA Securities initiated coverage on Banco BBVA Argentina in a report on Tuesday, May 20th. They issued a "market perform" rating and a $18.00 price target on the stock.

About Banco BBVA Argentina

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.