HUB Investment Partners LLC Boosts Stock Holdings in Banco BBVA Argentina S.A. (NYSE:BBAR)

HUB Investment Partners LLC raised its holdings in shares of Banco BBVA Argentina S.A. (NYSE:BBAR) by 42.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 15,318 shares of the bank’s stock after purchasing an additional 4,574 shares during the period. HUB Investment Partners LLC’s holdings in Banco BBVA Argentina were worth $292,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Blue Trust Inc. increased 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 valued at $47,000 after purchasing an additional 685 shares during the period. GAMMA Investing LLC increased its position in Banco BBVA Argentina by 123.8% during the 4th quarter. GAMMA Investing LLC now owns 4,171 shares of the bank’s stock valued at $79,000 after purchasing an additional 2,307 shares during the period. XTX Topco Ltd purchased a new position in Banco BBVA Argentina during the 3rd quarter valued at about $136,000. Clear Creek Financial Management LLC purchased a new position in Banco BBVA Argentina during the 4th quarter valued at about $236,000. Finally, GSA Capital Partners LLP purchased a new position in Banco BBVA Argentina during the 3rd quarter valued at about $237,000.

Wall Street Analyst Weigh In

A number of research analysts have commented on BBAR shares. Morgan Stanley raised 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 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 Up 3.7 %

NYSE:BBAR opened at $19.10 on Friday. Banco BBVA Argentina S.A. has a fifty-two week low of $7.05 and a fifty-two week high of $25.01. The stock has a market capitalization of $3.90 billion, a P/E ratio of 9.95 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 simple moving average is $20.25 and its 200-day simple moving average is $16.86.

Banco BBVA Argentina Company 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.