71,390 Shares in Macro Bank Inc. $BMA Acquired by Compass Rose Asset Management LP

Compass Rose Asset Management LP bought a new position in shares of Macro Bank Inc. (NYSE:BMA) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 71,390 shares of the bank’s stock, valued at approximately $6,437,000. Macro Bank makes up 0.5% of Compass Rose Asset Management LP’s investment portfolio, making the stock its 17th biggest holding. Compass Rose Asset Management LP owned 0.11% of Macro Bank as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the business. Millennium Management LLC increased its stake in Macro Bank by 100.7% during the 3rd quarter. Millennium Management LLC now owns 575,206 shares of the bank’s stock worth $24,325,000 after purchasing an additional 288,614 shares in the last quarter. Aquamarine Financial Cayman Ltd increased its stake in Macro Bank by 23.8% during the 4th quarter. Aquamarine Financial Cayman Ltd now owns 564,501 shares of the bank’s stock worth $50,895,000 after purchasing an additional 108,540 shares in the last quarter. Cape Ann Asset Management Ltd increased its stake in Macro Bank by 66.2% during the 3rd quarter. Cape Ann Asset Management Ltd now owns 461,216 shares of the bank’s stock worth $19,505,000 after purchasing an additional 183,700 shares in the last quarter. Candriam S.C.A. bought a new stake in Macro Bank during the 3rd quarter worth approximately $13,643,000. Finally, Fundamenta Capital S.A. bought a new stake in Macro Bank during the 4th quarter worth approximately $17,130,000.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on BMA shares. Weiss Ratings reissued a “sell (d)” rating on shares of Macro Bank in a research note on Friday, March 27th. HSBC raised shares of Macro Bank from a “hold” rating to a “buy” rating and set a $85.00 price target for the company in a research note on Tuesday, May 5th. Wall Street Zen raised shares of Macro Bank from a “sell” rating to a “hold” rating in a research note on Sunday, March 1st. Zacks Research raised shares of Macro Bank from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Finally, The Goldman Sachs Group decreased their price target on shares of Macro Bank from $111.00 to $98.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $108.25.

Macro Bank Price Performance

Shares of BMA opened at $87.21 on Friday. The stock has a market capitalization of $5.57 billion, a P/E ratio of 20.62, a P/E/G ratio of 0.55 and a beta of 1.42. Macro Bank Inc. has a twelve month low of $38.30 and a twelve month high of $106.15. The company has a 50 day moving average of $77.59 and a 200-day moving average of $83.08. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.29.

Macro Bank (NYSE:BMA) last issued its quarterly earnings results on Thursday, May 28th. The bank reported $1.73 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.31. The company had revenue of $412.19 million during the quarter, compared to analysts’ expectations of $837.76 million. Macro Bank had a net margin of 5.81% and a return on equity of 8.47%. As a group, equities research analysts forecast that Macro Bank Inc. will post 5.2 EPS for the current fiscal year.

Macro Bank Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, May 29th. Stockholders of record on Monday, May 18th were issued a $0.545 dividend. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend was Monday, May 18th. This is a boost from Macro Bank’s previous monthly dividend of $0.41. Macro Bank’s payout ratio is currently 138.77%.

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.