Banco BBVA Argentina S.A. (NYSE:BBAR) Shares Bought by Activest Wealth Management

Activest Wealth Management increased its holdings in shares of Banco BBVA Argentina S.A. (NYSE:BBAR - Free Report) by 378.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,740 shares of the bank's stock after purchasing an additional 56,740 shares during the period. Activest Wealth Management's holdings in Banco BBVA Argentina were worth $1,367,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in BBAR. Blue Trust Inc. boosted its holdings in Banco BBVA Argentina by 91.2% during the fourth quarter. Blue Trust Inc. now owns 3,448 shares of the bank's stock worth $66,000 after buying an additional 1,645 shares in the last quarter. GAMMA Investing LLC raised its position 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 worth $79,000 after acquiring an additional 2,307 shares during the period. Clear Creek Financial Management LLC purchased a new stake in shares of Banco BBVA Argentina during the 4th quarter worth about $236,000. XTX Topco Ltd acquired a new stake in shares of Banco BBVA Argentina during the 3rd quarter valued at about $136,000. Finally, Truist Financial Corp purchased a new position in shares of Banco BBVA Argentina in the 2nd quarter valued at about $167,000.

Banco BBVA Argentina Price Performance

BBAR traded up $0.80 on Thursday, hitting $20.20. 754,104 shares of the company's stock were exchanged, compared to its average volume of 998,348. Banco BBVA Argentina S.A. has a fifty-two week low of $5.35 and a fifty-two week high of $25.01. The stock has a market cap of $4.13 billion, a price-to-earnings ratio of 10.52 and a beta of 1.41. The firm has a 50-day moving average price of $20.60 and a 200-day moving average price of $15.11. 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 (NYSE:BBAR - Get Free Report) last posted its quarterly earnings results on Wednesday, November 20th. The bank reported $0.52 earnings per share for the quarter, topping analysts' consensus estimates of $0.45 by $0.07. Banco BBVA Argentina had a net margin of 6.09% and a return on equity of 12.21%. During the same quarter last year, the firm earned $0.15 EPS. As a group, equities analysts anticipate that Banco BBVA Argentina S.A. will post 1.94 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Morgan Stanley upgraded Banco BBVA Argentina from an "underweight" rating to an "overweight" rating and set a $27.00 price objective for the company in a research report on Monday, December 16th. StockNews.com cut Banco BBVA Argentina from a "buy" rating to a "hold" rating in a report on Tuesday, December 24th.

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.