NewEdge Advisors LLC Buys 13,729 Shares of Banco BBVA Argentina S.A. (NYSE:BBAR)

NewEdge Advisors LLC increased its position in Banco BBVA Argentina S.A. (NYSE:BBAR - Free Report) by 1,332.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,759 shares of the bank's stock after purchasing an additional 13,729 shares during the quarter. NewEdge Advisors LLC's holdings in Banco BBVA Argentina were worth $281,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. William Blair Investment Management LLC bought a new stake in shares of Banco BBVA Argentina during the 4th quarter worth about $19,446,000. TT International Asset Management LTD acquired a new stake in Banco BBVA Argentina during the fourth quarter worth approximately $3,261,000. Gemsstock Ltd. bought a new stake in shares of Banco BBVA Argentina during the fourth quarter worth approximately $2,831,000. Systrade AG acquired a new position in shares of Banco BBVA Argentina in the fourth quarter valued at approximately $1,334,000. Finally, Activest Wealth Management increased its stake in shares of Banco BBVA Argentina by 378.3% during the fourth quarter. Activest Wealth Management now owns 71,740 shares of the bank's stock worth $1,367,000 after purchasing an additional 56,740 shares during the period.

Banco BBVA Argentina Stock Performance

BBAR traded up $0.62 during trading on Tuesday, hitting $19.72. The stock had a trading volume of 533,718 shares, compared to its average volume of 781,084. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.99 and a quick ratio of 0.99. The company has a 50 day moving average price of $18.74 and a 200-day moving average price of $18.61. Banco BBVA Argentina S.A. has a one year low of $7.05 and a one year high of $25.01. The firm has a market cap of $4.03 billion, a price-to-earnings ratio of 10.27 and a beta of 1.35.

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.