Hsbc Holdings PLC trimmed its position in Banco Macro S.A. (NYSE:BMA - Free Report) by 14.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,470 shares of the bank's stock after selling 4,062 shares during the quarter. Hsbc Holdings PLC's holdings in Banco Macro were worth $2,388,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Townsquare Capital LLC lifted its position in Banco Macro by 0.8% during the fourth quarter. Townsquare Capital LLC now owns 13,447 shares of the bank's stock valued at $1,301,000 after purchasing an additional 113 shares during the period. Legal Advantage Investments Inc. lifted its holdings in shares of Banco Macro by 4.0% in the 4th quarter. Legal Advantage Investments Inc. now owns 7,800 shares of the bank's stock valued at $755,000 after buying an additional 300 shares during the period. GAMMA Investing LLC boosted its stake in shares of Banco Macro by 136.1% in the fourth quarter. GAMMA Investing LLC now owns 784 shares of the bank's stock worth $76,000 after buying an additional 452 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in Banco Macro by 1,829.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 598 shares of the bank's stock worth $58,000 after purchasing an additional 567 shares in the last quarter. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Banco Macro during the 4th quarter worth approximately $63,000.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. lifted their price target on Banco Macro from $78.00 to $89.00 and gave the company a "neutral" rating in a research note on Monday, April 21st.
View Our Latest Report on Banco Macro
Banco Macro Price Performance
NYSE BMA traded down $2.14 on Friday, hitting $83.13. The company had a trading volume of 225,853 shares, compared to its average volume of 334,642. The company has a market capitalization of $5.31 billion, a PE ratio of 7.29 and a beta of 1.53. Banco Macro S.A. has a 12-month low of $42.23 and a 12-month high of $118.42. The company's fifty day moving average price is $82.34 and its 200-day moving average price is $88.37. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.02 and a quick ratio of 0.79.
Banco Macro Profile
(
Free Report)
Banco Macro SA provides various banking products and services to retail and corporate customers in Argentina. It offers various retail banking products and services, such as savings and checking accounts, time deposits, credit and debit cards, consumer finance loans, mortgage loans, automobile loans, overdrafts, credit-related services, home and car insurance coverage, tax collection, utility payments, automated teller machines, and money transfers.
Featured Stories
Before you consider Banco Macro, 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 Macro wasn't on the list.
While Banco Macro currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for May 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
