Hsbc Holdings PLC bought a new stake in Banco BBVA Argentina S.A. (NYSE:BBAR - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 74,287 shares of the bank's stock, valued at approximately $1,417,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. grew its stake 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 worth $47,000 after acquiring an additional 685 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Banco BBVA Argentina by 123.8% during the 4th quarter. GAMMA Investing LLC now owns 4,171 shares of the bank's stock worth $79,000 after purchasing an additional 2,307 shares during the last quarter. Clear Creek Financial Management LLC bought a new stake in shares of Banco BBVA Argentina in the 4th quarter worth approximately $236,000. NewEdge Advisors LLC grew its holdings 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 purchasing an additional 13,729 shares during the period. Finally, HUB Investment Partners LLC increased 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 last quarter.
Banco BBVA Argentina Stock Performance
Shares of BBAR stock opened at $19.52 on Friday. The firm's 50 day moving average is $18.70 and its 200 day moving average is $18.45. The stock has a market capitalization of $3.99 billion, a P/E ratio of 10.17 and a beta of 1.35. Banco BBVA Argentina S.A. has a 12 month low of $7.05 and a 12 month high of $25.01. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.09.
Banco BBVA Argentina Company Profile
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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.
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