39,008 Shares in Banco BBVA Argentina S.A. (NYSE:BBAR) Acquired by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. purchased a new stake in Banco BBVA Argentina S.A. (NYSE:BBAR) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 39,008 shares of the bank’s stock, valued at approximately $743,000.

A number of other large investors have also recently bought and sold shares of BBAR. GAMMA Investing LLC increased its holdings in shares of 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 buying an additional 2,307 shares in the last quarter. XTX Topco Ltd acquired a new stake in Banco BBVA Argentina during the 3rd quarter valued at $136,000. Truist Financial Corp bought a new position in Banco BBVA Argentina in the 2nd quarter valued at $167,000. GSA Capital Partners LLP acquired a new position in Banco BBVA Argentina in the third quarter worth $237,000. Finally, SG Americas Securities LLC bought a new stake in shares of Banco BBVA Argentina during the third quarter worth $246,000.

Analyst Ratings Changes

BBAR has been the topic of several research reports. Morgan Stanley upgraded shares of Banco BBVA Argentina from an “underweight” rating to an “overweight” rating and set a $27.00 price target 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 research note on Tuesday, December 24th.

Banco BBVA Argentina Stock Down 2.7 %

NYSE BBAR opened at $22.74 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.90 and a current ratio of 0.99. Banco BBVA Argentina S.A. has a 52 week low of $4.63 and a 52 week high of $25.01. The stock has a market capitalization of $4.64 billion, a P/E ratio of 11.84 and a beta of 1.42. The stock has a fifty day moving average of $18.57 and a 200-day moving average of $13.35.

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.