Allspring Global Investments Holdings LLC acquired a new position in shares of Banco Macro S.A. (NYSE:BMA – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 50,939 shares of the bank’s stock, valued at approximately $1,462,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Banco Macro by 54.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 208,944 shares of the bank’s stock valued at $5,997,000 after acquiring an additional 73,524 shares during the period. Penserra Capital Management LLC acquired a new stake in Banco Macro during the 3rd quarter valued at $364,000. Capital Wealth Planning LLC purchased a new stake in shares of Banco Macro in the third quarter valued at $365,000. Barclays PLC acquired a new stake in shares of Banco Macro in the second quarter worth $53,000. Finally, Quadrature Capital Ltd grew its holdings in shares of Banco Macro by 498.7% during the third quarter. Quadrature Capital Ltd now owns 64,502 shares of the bank’s stock valued at $1,273,000 after buying an additional 53,729 shares in the last quarter.
Banco Macro Price Performance
Shares of BMA opened at $53.17 on Tuesday. Banco Macro S.A. has a 52 week low of $16.49 and a 52 week high of $54.67. The company has a quick ratio of 0.88, a current ratio of 1.05 and a debt-to-equity ratio of 0.20. The company’s 50 day moving average price is $43.59 and its 200 day moving average price is $31.73.
Analyst Ratings Changes
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Banco Macro Company Profile
Banco Macro SA provides various banking products and services to retail and corporate customers in Argentina. It offers various retail banking products and services, such as savings and checking accounts, time deposits, credit and debit cards, consumer finance loans, mortgage loans, automobile loans, overdrafts, credit-related services, home and car insurance coverage, tax collection, utility payments, automated teller machines (ATMs), and money transfers.
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