171,134 Shares in Banco BBVA Argentina S.A. (NYSE:BBAR) Purchased by TT International Asset Management LTD

TT International Asset Management LTD purchased a new position in shares of Banco BBVA Argentina S.A. (NYSE:BBAR - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 171,134 shares of the bank's stock, valued at approximately $3,261,000. Banco BBVA Argentina makes up approximately 0.5% of TT International Asset Management LTD's portfolio, making the stock its 25th biggest position. TT International Asset Management LTD owned about 0.08% of Banco BBVA Argentina as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Fourth Sail Capital LP boosted its holdings in 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 acquiring an additional 1,009,103 shares during the period. PointState Capital LP boosted its stake in Banco BBVA Argentina by 14.2% during the 3rd quarter. PointState Capital LP now owns 1,664,893 shares of the bank's stock valued at $17,265,000 after purchasing an additional 206,399 shares during the period. Sagil Capital LLP bought a new stake in Banco BBVA Argentina during the 3rd quarter valued at approximately $2,131,000. Mirabella Financial Services LLP acquired a new stake in Banco BBVA Argentina in the 3rd quarter valued at approximately $1,155,000. Finally, Virtu Financial LLC bought a new position in Banco BBVA Argentina in the 3rd quarter worth approximately $506,000.

Banco BBVA Argentina Stock Performance

Banco BBVA Argentina stock traded down $1.75 during trading hours on Monday, hitting $21.67. The stock had a trading volume of 1,294,083 shares, compared to its average volume of 1,561,169. Banco BBVA Argentina S.A. has a fifty-two week low of $4.63 and a fifty-two week high of $25.01. The company has a market cap of $4.43 billion, a PE ratio of 11.29 and a beta of 1.42. The company has a 50-day moving average of $17.93 and a two-hundred day moving average of $13.03. The company has a quick ratio of 0.90, a current ratio of 0.99 and a debt-to-equity ratio of 0.09.

Analyst Ratings Changes

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

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.