Gemsstock Ltd. purchased a new stake in shares of Banco BBVA Argentina S.A. (NYSE:BBAR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 148,516 shares of the bank's stock, valued at approximately $2,831,000. Banco BBVA Argentina comprises about 0.6% of Gemsstock Ltd.'s portfolio, making the stock its 16th largest position. Gemsstock Ltd. owned about 0.07% of Banco BBVA Argentina as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Blue Trust Inc. raised its position in Banco BBVA Argentina by 38.0% during the 4th quarter. Blue Trust Inc. now owns 2,488 shares of the bank's stock worth $47,000 after purchasing an additional 685 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Banco BBVA Argentina by 123.8% in the fourth quarter. GAMMA Investing LLC now owns 4,171 shares of the bank's stock valued at $79,000 after buying an additional 2,307 shares during the period. XTX Topco Ltd bought a new position in shares of Banco BBVA Argentina during the third quarter worth about $136,000. Clear Creek Financial Management LLC acquired a new position in shares of Banco BBVA Argentina in the fourth quarter worth approximately $236,000. Finally, HUB Investment Partners LLC boosted its holdings in Banco BBVA Argentina by 42.6% in the fourth quarter. HUB Investment Partners LLC now owns 15,318 shares of the bank's stock valued at $292,000 after acquiring an additional 4,574 shares during the last quarter.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on BBAR. StockNews.com downgraded shares of Banco BBVA Argentina from a "buy" rating to a "hold" rating in a research report on Tuesday, December 24th. Morgan Stanley upgraded shares of Banco BBVA Argentina from an "underweight" rating to an "overweight" rating and set a $27.00 target price on the stock in a report on Monday, December 16th.
View Our Latest Report on BBAR
Banco BBVA Argentina Trading Up 13.9 %
Shares of Banco BBVA Argentina stock traded up $2.23 on Friday, hitting $18.29. 504,056 shares of the company's stock traded hands, compared to its average volume of 822,206. The company has a fifty day moving average of $18.68 and a two-hundred day moving average of $17.50. Banco BBVA Argentina S.A. has a one year low of $7.05 and a one year high of $25.01. The company has a market capitalization of $3.74 billion, a price-to-earnings ratio of 9.24 and a beta of 1.20. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.99 and a quick ratio of 0.99.
Banco BBVA Argentina Profile
(
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.
Further Reading
Before you consider Banco BBVA Argentina, 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 BBVA Argentina wasn't on the list.
While Banco BBVA Argentina currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
