XTX Topco Ltd Invests $136,000 in Banco BBVA Argentina S.A. (NYSE:BBAR)

XTX Topco Ltd purchased a new stake in Banco BBVA Argentina S.A. (NYSE:BBAR) during the 3rd quarter, HoldingsChannel reports. The fund purchased 13,143 shares of the bank’s stock, valued at approximately $136,000.

Other large investors have also recently bought and sold shares of the company. GSA Capital Partners LLP acquired a new stake in shares of Banco BBVA Argentina in the 3rd quarter valued at $237,000. Truist Financial Corp acquired a new position in Banco BBVA Argentina in the second quarter valued at about $167,000. SG Americas Securities LLC bought a new stake in Banco BBVA Argentina during the third quarter worth about $246,000. Fourth Sail Capital LP increased its holdings in shares of 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 worth $21,843,000 after buying an additional 1,009,103 shares in the last quarter. Finally, Point72 Asset Management L.P. raised its stake in shares of Banco BBVA Argentina by 72.8% in the third quarter. Point72 Asset Management L.P. now owns 43,200 shares of the bank’s stock valued at $448,000 after acquiring an additional 18,200 shares during the last quarter.

Banco BBVA Argentina Price Performance

Shares of BBAR stock opened at $18.30 on Friday. Banco BBVA Argentina S.A. has a 1 year low of $4.63 and a 1 year high of $19.98. The company has a current ratio of 0.99, a quick ratio of 0.90 and a debt-to-equity ratio of 0.09. The firm’s 50 day moving average is $15.31 and its 200-day moving average is $11.80. The firm has a market capitalization of $3.74 billion, a price-to-earnings ratio of 9.53 and a beta of 1.49.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. StockNews.com upgraded Banco BBVA Argentina from a “hold” rating to a “buy” rating in a research report on Monday, December 16th. Morgan Stanley upgraded Banco BBVA Argentina from an “underweight” rating to an “overweight” rating and set a $27.00 target price on the stock in a report on Monday, December 16th.

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.