As Banco Macro Sa (BMA) Shares Declined, Tt International Increased Its Stake by $46.47 Million

June 27, 2018 - By Margaret Staats

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

In Banco Macro Sa (BMA) was upped the stake owned by Tt International. The reduction is 243.49% according to 2018Q1 SEC form. The company’s stock declined 28.88% with the market as Tt International bought 434,333 shares. At the end of 2018Q1, the institutional investor held 612,713 shares of the commercial banks company, valued at $66.15M, up from 178,380 at the end of the previous reported quarter. For a total of 136,518 shares it reduced its holding in Monsanto Co New (NYSE:MON) by 35,290 shares in the quarter, and has cut its stake in Grupo Supervielle S A.

For more Banco Macro S.A. (NYSE:BMA) news released briefly go to: Globenewswire.com, Globenewswire.com, Seekingalpha.com, Seekingalpha.com or Prnewswire.com. The titles are as follows: “New Research: Key Drivers of Growth for Helen of Troy, Macro Bank, American Software, Shire plc, KB Financial Group …” released on June 05, 2018, “EQUITY ALERT: Rosen Law Firm Continues to Investigate Securities Claims Against Banco Macro SA – BMA” on June 13, 2018, “The Scandal That Might End Banco Macro’s Growth Story” with a publish date: June 11, 2018, “Argentine ADRs get a boost as MSCI reclassifies Argentina to Emerging Markets” and the last “SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Banco Macro SA (BMA)” with publication date: June 12, 2018.

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

In total 3 analysts cover Banco Macro SA (NYSE:BMA). “Buy” rating has 3, “Sell” are 0, while 0 are “Hold”. 100% are bullish. 3 are the (NYSE:BMA)’s analyst reports since May 9, 2018 according to StockzIntelligence Inc. In Wednesday, May 9 report JP Morgan upgraded the stock to “Overweight” rating. On Wednesday, May 9 the stock of Banco Macro S.A. (NYSE:BMA) has “Buy” rating given by J.P. Morgan. On Friday, May 11 Santander upgraded the shares of BMA in report to “Buy” rating.

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

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