Brevan Howard Capital Management Adds $3M in Banco Macro S.A. ($BMA)
Key Points
- Brevan Howard Capital Management changed its Banco Macro S.A. ($BMA) stake by 46.9% last quarter, boosting to 98,862 shares worth $9.76 million.
- Wall Street's consensus rating on $BMA is Strong Buy and an average price target of $113.40.
- $BMA last traded around $98.71.
Brevan Howard Capital Management increased its position in Banco Macro S.A. ($BMA) by 46.9% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 98,862 shares of Banco Macro S.A. after buying 31,562 shares during the quarter. Brevan Howard Capital Management's holdings in Banco Macro S.A. were worth $9.76 million as of its most recent filing.
Banco Macro S.A. ($BMA) Stock
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Banco Macro S.A. Dividend
Analysts Set New Price Targets
About Banco Macro S.A.
Banco Macro S.A. 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. The company also provides personal loans, document discounts, residential mortgages, overdrafts, pledged loans, and credit card loans to retail customers. In addition, it offers corporate banking products and services, including deposits, lending, check cashing advances and factoring, guaranteed loans, credit lines for financing foreign trade, and cash management services; and trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products; and working capital facilities, credit for investment projects, and leasing and foreign trade transactions. Further, the company provides transaction services, such as cash management, collection services, payments to suppliers, payroll services, foreign exchange transactions, and foreign trade services; information services to corporate customers; and internet and mobile banking services. Additionally, it offers short-term and medium-to-long-term corporate lending products. Banco Macro S.A. was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.
See Also
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