SG Americas Securities LLC Has $107,000 Stock Holdings in Banco BBVA Argentina S.A. (NYSE:BBAR)

SG Americas Securities LLC lowered its stake in shares of Banco BBVA Argentina S.A. (NYSE:BBAR - Free Report) by 76.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,629 shares of the bank's stock after selling 18,127 shares during the quarter. SG Americas Securities LLC's holdings in Banco BBVA Argentina were worth $107,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. GAMMA Investing LLC lifted its stake in Banco BBVA Argentina by 123.8% during the fourth 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. XTX Topco Ltd bought a new stake in Banco BBVA Argentina during the third quarter worth $136,000. Truist Financial Corp bought a new stake in Banco BBVA Argentina during the second quarter worth $167,000. GSA Capital Partners LLP bought a new stake in Banco BBVA Argentina during the third quarter worth $237,000. Finally, Channing Global Advisors LLC bought a new stake in Banco BBVA Argentina during the third quarter worth $247,000.

Analyst Ratings Changes

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

Banco BBVA Argentina Price Performance

Shares of BBAR traded up $0.10 during trading hours on Friday, reaching $20.27. The stock had a trading volume of 560,147 shares, compared to its average volume of 791,464. Banco BBVA Argentina S.A. has a 12 month low of $5.49 and a 12 month high of $25.01. The stock has a market capitalization of $4.14 billion, a PE ratio of 10.56 and a beta of 1.41. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.99 and a current ratio of 0.99. The company's 50-day moving average is $20.66 and its two-hundred day moving average is $15.28.

Banco BBVA Argentina (NYSE:BBAR - Get Free Report) last announced its earnings results on Wednesday, November 20th. The bank reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.07. Banco BBVA Argentina had a return on equity of 12.21% and a net margin of 6.09%. During the same quarter last year, the company posted $0.15 earnings per share. Research analysts expect that Banco BBVA Argentina S.A. will post 1.94 EPS for the current year.

Banco BBVA Argentina Profile

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.