SG Americas Securities LLC bought a new stake in shares of Banco BBVA Argentina S.A. (NYSE:BBAR – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 23,756 shares of the bank’s stock, valued at approximately $246,000.
A number of other hedge funds have also recently modified their holdings of BBAR. Ping Capital Management Inc. bought a new position in shares of Banco BBVA Argentina during the second quarter valued at approximately $11,293,000. Fourth Sail Capital LP grew its stake in shares of Banco BBVA Argentina by 74.6% during the second quarter. Fourth Sail Capital LP now owns 2,361,386 shares of the bank’s stock valued at $21,843,000 after buying an additional 1,009,103 shares during the last quarter. Rokos Capital Management LLP bought a new position in shares of Banco BBVA Argentina during the first quarter valued at approximately $501,000. Virtu Financial LLC bought a new position in Banco BBVA Argentina in the first quarter worth approximately $413,000. Finally, Quantbot Technologies LP grew its stake in Banco BBVA Argentina by 239.7% in the first quarter. Quantbot Technologies LP now owns 27,918 shares of the bank’s stock worth $237,000 after purchasing an additional 19,700 shares in the last quarter.
Banco BBVA Argentina Stock Up 1.0 %
Banco BBVA Argentina stock opened at $11.67 on Tuesday. The business has a fifty day moving average of $10.87 and a two-hundred day moving average of $10.03. The company has a quick ratio of 0.82, a current ratio of 0.91 and a debt-to-equity ratio of 0.03. The firm has a market cap of $2.38 billion, a P/E ratio of 7.39 and a beta of 1.50. Banco BBVA Argentina S.A. has a twelve month low of $3.78 and a twelve month high of $12.73.
Analyst Ratings Changes
Separately, StockNews.com raised Banco BBVA Argentina from a “hold” rating to a “buy” rating in a research note on Monday, September 2nd.
Read Our Latest Stock Analysis on Banco BBVA Argentina
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.
See Also
- Five stocks we like better than Banco BBVA Argentina
- Investing In Preferred Stock vs. Common Stock
- Analysts Predict New Highs for Cybersecurity Stock by Christmas
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Nuclear Power Reaches Critical Mass: Top Stocks to Watch Now
- Stock Market Sectors: What Are They and How Many Are There?
- 2 Energy Stocks Surging on Billion-Dollar DOE Loan Commitments
Receive News & Ratings for Banco BBVA Argentina Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco BBVA Argentina and related companies with MarketBeat.com's FREE daily email newsletter.