Mirabella Financial Services LLP Makes New $1.16 Million Investment in Banco BBVA Argentina S.A. (NYSE:BBAR)

Mirabella Financial Services LLP acquired a new position in Banco BBVA Argentina S.A. (NYSE:BBAR) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 111,352 shares of the bank’s stock, valued at approximately $1,155,000.

Other institutional investors have also added to or reduced their stakes in the company. Truist Financial Corp bought a new stake in Banco BBVA Argentina in the 2nd quarter worth about $167,000. SG Americas Securities LLC bought a new position in shares of Banco BBVA Argentina during the 3rd quarter valued at approximately $246,000. GSA Capital Partners LLP bought a new position in shares of Banco BBVA Argentina during the 3rd quarter valued at approximately $237,000. Fourth Sail Capital LP grew its position in shares of Banco BBVA Argentina by 74.6% during the 2nd 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. Finally, NorthRock Partners LLC bought a new position in shares of Banco BBVA Argentina during the 3rd quarter valued at approximately $363,000.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Banco BBVA Argentina from a “buy” rating to a “hold” rating in a research report on Thursday, November 7th.

Banco BBVA Argentina Stock Up 4.5 %

Shares of BBAR stock opened at $17.29 on Monday. The firm’s 50 day moving average is $13.05 and its 200 day moving average is $10.97. 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 12 month low of $4.63 and a 12 month high of $18.24.

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.