LSV Asset Management lifted its stake in Banco Macro S.A. (NYSE:BMA - Free Report) by 5.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 97,600 shares of the bank's stock after purchasing an additional 5,400 shares during the period. LSV Asset Management owned 0.15% of Banco Macro worth $9,444,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC acquired a new stake in shares of Banco Macro in the 3rd quarter valued at $421,000. XTX Topco Ltd acquired a new stake in Banco Macro in the third quarter worth about $425,000. Virtu Financial LLC bought a new stake in Banco Macro during the 3rd quarter worth about $644,000. Tidal Investments LLC lifted its position in Banco Macro by 139.3% during the 3rd quarter. Tidal Investments LLC now owns 14,904 shares of the bank's stock valued at $946,000 after purchasing an additional 8,675 shares during the period. Finally, GAMMA Investing LLC boosted its stake in shares of Banco Macro by 136.1% in the 4th quarter. GAMMA Investing LLC now owns 784 shares of the bank's stock valued at $76,000 after purchasing an additional 452 shares during the last quarter.
Banco Macro Trading Up 0.8 %
Shares of BMA traded up $0.68 on Friday, reaching $90.90. 270,558 shares of the company's stock were exchanged, compared to its average volume of 341,004. Banco Macro S.A. has a 12 month low of $42.23 and a 12 month high of $118.42. The stock has a market capitalization of $5.81 billion, a P/E ratio of 7.97 and a beta of 1.53. The company has a current ratio of 1.02, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The business has a 50 day moving average price of $82.44 and a two-hundred day moving average price of $86.82.
About Banco Macro
(
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.
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