Fourth Sail Capital LP Has $16.20 Million Stake in Banco BBVA Argentina S.A. (NYSE:BBAR)

Fourth Sail Capital LP lessened its position in Banco BBVA Argentina S.A. (NYSE:BBAR - Free Report) by 64.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 849,804 shares of the bank's stock after selling 1,511,582 shares during the quarter. Banco BBVA Argentina makes up about 4.8% of Fourth Sail Capital LP's portfolio, making the stock its 8th biggest position. Fourth Sail Capital LP owned about 0.42% of Banco BBVA Argentina worth $16,197,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. increased its position in shares of Banco BBVA Argentina by 38.0% in the fourth quarter. Blue Trust Inc. now owns 2,488 shares of the bank's stock valued at $47,000 after acquiring an additional 685 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Banco BBVA Argentina by 123.8% during the 4th quarter. GAMMA Investing LLC now owns 4,171 shares of the bank's stock worth $79,000 after purchasing an additional 2,307 shares during the last quarter. Clear Creek Financial Management LLC bought a new stake in shares of Banco BBVA Argentina during the 4th quarter worth approximately $236,000. XTX Topco Ltd acquired a new stake in shares of Banco BBVA Argentina in the 3rd quarter valued at approximately $136,000. Finally, ABS Direct Equity Fund LLC bought a new position in shares of Banco BBVA Argentina in the fourth quarter valued at $408,000.

Analyst Ratings Changes

Several analysts have issued reports on BBAR shares. Morgan Stanley raised shares of Banco BBVA Argentina from an "underweight" rating to an "overweight" rating and set a $27.00 price target on the stock in a research report on Monday, December 16th. StockNews.com cut shares of Banco BBVA Argentina from a "buy" rating to a "hold" rating in a report on Tuesday, December 24th.

Banco BBVA Argentina Stock Performance

Shares of BBAR traded down $0.02 during mid-day trading on Monday, reaching $18.74. The company's stock had a trading volume of 694,465 shares, compared to its average volume of 878,209. 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 S.A. has a 1-year low of $6.35 and a 1-year high of $25.01. The business has a 50-day simple moving average of $20.98 and a two-hundred day simple moving average of $16.02. The stock has a market cap of $3.83 billion, a P/E ratio of 9.76 and a beta of 1.41.

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.