Alphadyne Asset Management LP Takes Position in Macro Bank Inc. $BMA

Alphadyne Asset Management LP acquired a new position in shares of Macro Bank Inc. (NYSE:BMA) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,000 shares of the bank’s stock, valued at approximately $423,000.

Other large investors also recently made changes to their positions in the company. Van ECK Associates Corp bought a new stake in Macro Bank in the 3rd quarter valued at about $72,000. Advisors Preferred LLC bought a new position in Macro Bank in the third quarter worth approximately $117,000. Aquatic Capital Management LLC acquired a new stake in Macro Bank in the third quarter valued at approximately $151,000. HUB Investment Partners LLC grew its stake in Macro Bank by 13.4% in the second quarter. HUB Investment Partners LLC now owns 3,828 shares of the bank’s stock valued at $269,000 after acquiring an additional 452 shares during the period. Finally, Quantbot Technologies LP increased its holdings in shares of Macro Bank by 46.8% during the third quarter. Quantbot Technologies LP now owns 4,856 shares of the bank’s stock valued at $205,000 after acquiring an additional 1,548 shares in the last quarter.

Macro Bank Stock Performance

Shares of Macro Bank stock opened at $66.74 on Friday. Macro Bank Inc. has a 52 week low of $38.30 and a 52 week high of $106.15. The company has a quick ratio of 1.16, a current ratio of 1.11 and a debt-to-equity ratio of 0.29. The business has a 50 day moving average price of $88.75 and a 200-day moving average price of $75.89. The company has a market cap of $4.26 billion, a PE ratio of 20.28, a price-to-earnings-growth ratio of 0.33 and a beta of 1.51.

Macro Bank (NYSE:BMA) last announced its earnings results on Thursday, February 26th. The bank reported $1.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.60. Macro Bank had a return on equity of 6.85% and a net margin of 4.99%.The company had revenue of $708.92 million for the quarter, compared to analysts’ expectations of $739.97 million. Equities analysts anticipate that Macro Bank Inc. will post 7.84 earnings per share for the current fiscal year.

Macro Bank Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 20th will be paid a dividend of $0.4007 per share. This is a boost from Macro Bank’s previous monthly dividend of $0.38. The ex-dividend date is Friday, March 20th. This represents a c) annualized dividend and a yield of 7.2%. Macro Bank’s dividend payout ratio (DPR) is 139.51%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on BMA shares. Zacks Research lowered Macro Bank from a “hold” rating to a “strong sell” rating in a research report on Monday, February 9th. Wall Street Zen raised shares of Macro Bank from a “sell” rating to a “hold” rating in a research report on Sunday, March 1st. Weiss Ratings restated a “sell (d)” rating on shares of Macro Bank in a research note on Monday, December 29th. UBS Group assumed coverage on shares of Macro Bank in a report on Wednesday, November 19th. They set a “buy” rating and a $130.00 price objective on the stock. Finally, The Goldman Sachs Group dropped their price objective on shares of Macro Bank from $111.00 to $98.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. Five analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $102.60.

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.