Banco Macro S.A. (NYSE:BMA) Shares Acquired by Townsquare Capital LLC

Townsquare Capital LLC lifted its stake in shares of Banco Macro S.A. (NYSE:BMA) by 0.8% during the 4th quarter, Holdings Channel reports. The fund owned 13,447 shares of the bank’s stock after buying an additional 113 shares during the quarter. Townsquare Capital LLC’s holdings in Banco Macro were worth $1,301,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. TT International Asset Management LTD raised its stake in Banco Macro by 86.6% during the fourth quarter. TT International Asset Management LTD now owns 1,141,086 shares of the bank’s stock worth $110,411,000 after purchasing an additional 529,610 shares during the period. Redhawk Wealth Advisors Inc. purchased a new stake in shares of Banco Macro during the 4th quarter valued at approximately $735,000. Jane Street Group LLC acquired a new position in Banco Macro in the third quarter valued at approximately $421,000. HUB Investment Partners LLC purchased a new position in Banco Macro in the fourth quarter worth approximately $326,000. Finally, D.A. Davidson & CO. acquired a new stake in Banco Macro during the fourth quarter worth $284,000.

Banco Macro Price Performance

NYSE:BMA opened at $90.90 on Friday. The company has a market capitalization of $5.81 billion, a P/E ratio of 7.97 and a beta of 1.53. The company has a quick ratio of 0.79, a current ratio of 1.02 and a debt-to-equity ratio of 0.13. Banco Macro S.A. has a 52 week low of $42.23 and a 52 week high of $118.42. The stock’s fifty day moving average is $82.44 and its two-hundred day moving average is $86.82.

About Banco Macro

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, and money transfers.