Tt International Increased Stake in Banco Macro Sa (BMA) as Shares Declined

June 27, 2018 - By Ira Colvard

Banco Macro S.A. (NYSE:BMA) Corporate Logo

According to 2018Q1 Securities and Exchange filling the Tt International increased its stake in Banco Macro Sa (BMA) by 243.49%. 434,333 shares were bought by Tt International as the company’s stock declined 28.88% with the market. The commercial banks company at the end of 2018Q1 was priced at $66.15 million. It’s up from 178,380 at the end of the previous reported quarter. Now it had 612,713 shares held by the institutional investor . Tt International has cut its stake in Monsanto Co New (NYSE:MON) and also reduced its holding in Applied Optoelectronics Inc (NASDAQ:AAOI) by 405,745 shares in the quarter, for a total of 61,987 shares.

For more Banco Macro S.A. (NYSE:BMA) news brought out recently go to: Globenewswire.com, Seekingalpha.com, Prnewswire.com, Seekingalpha.com or Globenewswire.com. The titles are as follows: “EQUITY ALERT: Rosen Law Firm Continues to Investigate Securities Claims Against Banco Macro SA – BMA” brought out on June 13, 2018, “Argentine ADRs get a boost as MSCI reclassifies Argentina to Emerging Markets” on June 20, 2018, “SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Banco Macro SA (BMA)” with a publish date: June 12, 2018, “The Scandal That Might End Banco Macro’s Growth Story” and the last “New Research: Key Drivers of Growth for Helen of Troy, Macro Bank, American Software, Shire plc, KB Financial Group …” with publication date: June 05, 2018.

Banco Macro S.A. (NYSE:BMA) Ratings Coverage

Total analysts of 3 have positions in Banco Macro SA (NYSE:BMA) as follows: 3 rated it a “Buy”, 0 with “Sell” and 0 with “Hold”. The positive are 100%. Since May 9, 2018 according to StockzIntelligence Inc Banco Macro SA has 3 analyst reports. The company rating was upgraded by Santander on Friday, May 11. The stock rating was upgraded by J.P. Morgan to “Buy” on Wednesday, May 9. On Wednesday, May 9 JP Morgan upgraded the shares of BMA in report to “Overweight” rating.

Banco Macro S.A. (NYSE:BMA) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.