Jump Financial LLC Lowers Position in Banco BBVA Argentina S.A. (NYSE:BBAR)

Jump Financial LLC lowered its stake in shares of Banco BBVA Argentina S.A. (NYSE:BBAR) by 7.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 115,553 shares of the bank’s stock after selling 8,724 shares during the period. Jump Financial LLC’s holdings in Banco BBVA Argentina were worth $2,202,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. XTX Topco Ltd increased its position in shares of Banco BBVA Argentina by 25.7% in the fourth quarter. XTX Topco Ltd now owns 16,521 shares of the bank’s stock worth $315,000 after acquiring an additional 3,378 shares in the last quarter. Gemsstock Ltd. purchased a new position in Banco BBVA Argentina in the fourth quarter valued at about $2,831,000. HUB Investment Partners LLC boosted its position in shares of Banco BBVA Argentina by 42.6% in the fourth quarter. HUB Investment Partners LLC now owns 15,318 shares of the bank’s stock worth $292,000 after buying an additional 4,574 shares during the period. William Blair Investment Management LLC acquired a new position in Banco BBVA Argentina during the 4th quarter worth approximately $19,446,000. Finally, Amundi acquired a new stake in Banco BBVA Argentina in the fourth quarter valued at approximately $396,000.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Banco BBVA Argentina from a “buy” rating to a “hold” rating in a report on Tuesday, December 24th.

Banco BBVA Argentina Trading Up 0.0 %

NYSE:BBAR opened at $20.24 on Friday. The stock has a market cap of $4.13 billion, a price-to-earnings ratio of 10.54 and a beta of 1.20. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.99 and a current ratio of 0.99. Banco BBVA Argentina S.A. has a 1 year low of $7.05 and a 1 year high of $25.01. The business has a fifty day moving average of $18.54 and a 200-day moving average of $17.83.

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.