Skandinaviska Enskilda Banken AB publ purchased a new stake in BBVA Banco Frances S.A. (NYSE:BBAR) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 162,340 shares of the bank’s stock, valued at approximately $904,000. Skandinaviska Enskilda Banken AB publ owned 0.08% of BBVA Banco Frances at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Comerica Bank purchased a new position in shares of BBVA Banco Frances in the fourth quarter worth $48,000. Advisor Group Inc. raised its position in BBVA Banco Frances by 33.5% during the 4th quarter. Advisor Group Inc. now owns 15,948 shares of the bank’s stock worth $89,000 after buying an additional 4,000 shares during the last quarter. Prudential Financial Inc. purchased a new position in BBVA Banco Frances during the 4th quarter worth approximately $97,000. Pictet Asset Management Ltd. acquired a new stake in BBVA Banco Frances during the 3rd quarter valued at approximately $137,000. Finally, Voya Investment Management LLC acquired a new stake in BBVA Banco Frances during the 3rd quarter valued at approximately $270,000. Institutional investors and hedge funds own 7.29% of the company’s stock.

Several research analysts recently issued reports on BBAR shares. ValuEngine raised shares of BBVA Banco Frances from a “sell” rating to a “hold” rating in a report on Tuesday, December 24th. Zacks Investment Research raised shares of BBVA Banco Frances from a “hold” rating to a “buy” rating and set a $4.25 price target on the stock in a report on Wednesday, March 11th.

BBAR stock traded down $0.02 during trading on Thursday, hitting $2.59. 757,191 shares of the company traded hands, compared to its average volume of 984,553. BBVA Banco Frances S.A. has a 1 year low of $2.21 and a 1 year high of $12.58. The company has a market cap of $522.80 million, a PE ratio of 0.81 and a beta of 0.82. The stock’s 50-day simple moving average is $3.87 and its 200 day simple moving average is $4.28. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.13 and a quick ratio of 1.13.

BBVA Banco Frances (NYSE:BBAR) last issued its quarterly earnings data on Tuesday, February 18th. The bank reported $0.62 EPS for the quarter. The business had revenue of $311.19 million for the quarter. BBVA Banco Frances had a net margin of 30.72% and a return on equity of 56.88%. Research analysts expect that BBVA Banco Frances S.A. will post 1.73 earnings per share for the current year.

BBVA Banco Frances Company Profile

BBVA Banco Franc├ęs SA, together with its subsidiaries, provides financial services to small and medium enterprises, and individual customers in Spain, Mexico, South America, the United States, Turkey, and rest of Eurasia. The company offers current, checking, and savings accounts, as well as demand and time deposits.

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Institutional Ownership by Quarter for BBVA Banco Frances (NYSE:BBAR)

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