Kapitalo Investimentos Ltda Takes Position in Macro Bank Inc. $BMA

Kapitalo Investimentos Ltda acquired a new position in Macro Bank Inc. (NYSE:BMA) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 44,733 shares of the bank’s stock, valued at approximately $1,892,000. Kapitalo Investimentos Ltda owned about 0.07% of Macro Bank as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Benjamin Edwards Inc. acquired a new position in Macro Bank during the third quarter worth $254,000. HUB Investment Partners LLC raised its holdings in shares of Macro Bank by 13.4% in the 2nd quarter. HUB Investment Partners LLC now owns 3,828 shares of the bank’s stock valued at $269,000 after buying an additional 452 shares during the period. Deltec Asset Management LLC acquired a new position in Macro Bank in the 3rd quarter valued at about $275,000. GAM Holding AG acquired a new stake in shares of Macro Bank during the second quarter worth about $336,000. Finally, SG Americas Securities LLC purchased a new position in shares of Macro Bank in the second quarter valued at approximately $361,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on BMA shares. HSBC lowered shares of Macro Bank from a “buy” rating to a “hold” rating and set a $80.00 target price on the stock. in a report on Monday, December 15th. Itau BBA Securities upgraded Macro Bank from a “market perform” rating to an “outperform” rating in a report on Monday, October 27th. Zacks Research upgraded Macro Bank from a “strong sell” rating to a “hold” rating in a report on Monday, November 24th. Citigroup raised Macro Bank from a “hold” rating to a “buy” rating in a research report on Monday, November 3rd. Finally, UBS Group assumed coverage on Macro Bank in a research report on Wednesday, November 19th. They set a “buy” rating and a $130.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $103.75.

Macro Bank Trading Down 0.9%

BMA opened at $103.73 on Thursday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.16 and a current ratio of 1.16. Macro Bank Inc. has a one year low of $38.30 and a one year high of $106.15. The company has a market cap of $6.63 billion, a P/E ratio of 46.93, a PEG ratio of 1.10 and a beta of 1.49. The business’s 50-day simple moving average is $89.53 and its 200-day simple moving average is $72.14.

Macro Bank (NYSE:BMA) last announced its quarterly earnings results on Wednesday, November 26th. The bank reported ($0.39) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.67 by ($1.06). Macro Bank had a net margin of 6.11% and a return on equity of 8.15%. The business had revenue of $625.90 million during the quarter, compared to analyst estimates of $590.57 million. As a group, equities research analysts expect that Macro Bank Inc. will post 7.84 EPS for the current fiscal year.

Macro Bank Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, January 29th. Investors of record on Thursday, January 22nd will be given a $0.3557 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Thursday, January 22nd. Macro Bank’s dividend payout ratio (DPR) is 193.21%.

About Macro Bank

Macro Bank (NYSE: BMA) is the American depositary receipt program of Banco Macro SA, one of the largest privately owned banks in Argentina. Headquartered in Buenos Aires, the institution delivers a comprehensive suite of banking solutions to retail, corporate and agricultural customers across the country. Through its extensive branch network and digital platforms, Macro Bank aims to serve diverse client segments with tailored financial products and services.

The bank’s offerings span traditional deposit accounts—including checking, savings and term deposits—alongside payment and transaction services.