Militia Capital Partners LP Has $3.01 Million Stake in Macro Bank Inc. $BMA

Militia Capital Partners LP decreased its stake in shares of Macro Bank Inc. (NYSE:BMA) by 20.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 33,400 shares of the bank’s stock after selling 8,600 shares during the period. Macro Bank accounts for about 1.2% of Militia Capital Partners LP’s holdings, making the stock its 15th largest position. Militia Capital Partners LP’s holdings in Macro Bank were worth $3,011,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Compass Rose Asset Management LP acquired a new position in shares of Macro Bank during the 4th quarter valued at about $6,437,000. Monaco Asset Management SAM increased its holdings in shares of Macro Bank by 536.2% during the 3rd quarter. Monaco Asset Management SAM now owns 82,700 shares of the bank’s stock valued at $3,497,000 after acquiring an additional 69,700 shares during the last quarter. Ramirez Asset Management Inc. increased its holdings in shares of Macro Bank by 69.6% during the 3rd quarter. Ramirez Asset Management Inc. now owns 56,718 shares of the bank’s stock valued at $2,399,000 after acquiring an additional 23,285 shares during the last quarter. X Square Capital LLC increased its holdings in shares of Macro Bank by 1,215.0% during the 3rd quarter. X Square Capital LLC now owns 71,536 shares of the bank’s stock valued at $3,025,000 after acquiring an additional 66,096 shares during the last quarter. Finally, Cape Ann Asset Management Ltd increased its holdings in shares of Macro Bank by 66.2% during the 3rd quarter. Cape Ann Asset Management Ltd now owns 461,216 shares of the bank’s stock valued at $19,505,000 after acquiring an additional 183,700 shares during the last quarter.

Macro Bank Stock Performance

BMA opened at $96.72 on Wednesday. The firm has a market capitalization of $6.18 billion, a P/E ratio of 22.87, a price-to-earnings-growth ratio of 0.64 and a beta of 1.42. The stock’s 50 day moving average price is $80.49 and its two-hundred day moving average price is $83.91. 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 Inc. has a 12-month low of $38.30 and a 12-month high of $106.15.

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

Macro Bank Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 2nd were given a $0.5296 dividend. The ex-dividend date was Tuesday, June 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. Macro Bank’s dividend payout ratio (DPR) is currently 134.04%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on BMA. Zacks Research raised Macro Bank from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 2nd. Wall Street Zen raised Macro Bank from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Weiss Ratings reissued a “sell (d)” rating on shares of Macro Bank in a report on Friday, March 27th. The Goldman Sachs Group lowered their target price on Macro Bank from $111.00 to $98.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. Finally, HSBC raised Macro Bank from a “hold” rating to a “buy” rating and set a $85.00 target price on the stock in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $108.25.

Macro Bank Profile

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.