Odey Asset Management Group LTD Has Lowered Its Banco Macro Sa (BMA) Stake; Last Week Fidessa group plc (LON:FDSA) Analysts

January 19, 2018 - By Linda Rogers

Odey Asset Management Group Ltd decreased Banco Macro Sa (BMA) stake by 17.31% reported in 2017Q3 SEC filing. Odey Asset Management Group Ltd sold 13,696 shares as Banco Macro Sa (BMA)’s stock rose 7.03%. The Odey Asset Management Group Ltd holds 65,404 shares with $7.68M value, down from 79,100 last quarter. Banco Macro Sa now has $8.11 billion valuation. The stock decreased 2.13% or $2.47 during the last trading session, reaching $113.75. About 295,497 shares traded. Banco Macro S.A. (NYSE:BMA) has risen 43.80% since January 19, 2017 and is uptrending. It has outperformed by 27.10% the S&P500.

Among 11 analysts covering Fidessa Group PLC (LON:FDSA), 3 have Buy rating, 5 Sell and 3 Hold. Therefore 27% are positive. Fidessa Group PLC had 62 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Sell” rating given on Monday, November 21 by FinnCap. The firm earned “Underweight” rating on Tuesday, April 11 by Barclays Capital. On Thursday, September 3 the stock rating was maintained by Panmure Gordon with “Hold”. The stock of Fidessa group plc (LON:FDSA) earned “Neutral” rating by Credit Suisse on Wednesday, November 11. The stock of Fidessa group plc (LON:FDSA) has “Sell” rating given on Wednesday, November 11 by FinnCap. The rating was maintained by Panmure Gordon with “Hold” on Tuesday, November 24. The rating was maintained by Numis Securities with “Buy” on Friday, July 31. On Monday, August 3 the stock rating was maintained by FinnCap with “Hold”. The stock of Fidessa group plc (LON:FDSA) earned “Sell” rating by FinnCap on Thursday, April 28. As per Tuesday, December 1, the company rating was maintained by Panmure Gordon. See Fidessa group plc (LON:FDSA) latest ratings:

08/01/2018 Broker: Credit Suisse Rating: Underperform Old Target: GBX 2300.00 New Target: GBX 2350.00 DownGrade
18/12/2017 Broker: Numis Securities Rating: Add Old Target: GBX 2860.00 New Target: GBX 2800.00 Downgrade
30/11/2017 Broker: Stifel Nicolaus Rating: Sell New Target: GBX 2054.00 Initiates Starts
01/08/2017 Broker: Barclays Capital Rating: Underweight Old Target: GBX 1860.00 New Target: GBX 1990.00 Maintain

Odey Asset Management Group Ltd increased Bank Amer Corp (NYSE:BAC) stake by 174,000 shares to 1.53 million valued at $38.78M in 2017Q3. It also upped Transocean Ltd (NYSE:RIG) stake by 2.78M shares and now owns 2.87 million shares. Coherent Inc (NASDAQ:COHR) was raised too.

Analysts await Banco Macro S.A. (NYSE:BMA) to report earnings on February, 21. They expect $2.69 EPS, up 43.09% or $0.81 from last year’s $1.88 per share. BMA’s profit will be $191.81 million for 10.57 P/E if the $2.69 EPS becomes a reality. After $2.24 actual EPS reported by Banco Macro S.A. for the previous quarter, Wall Street now forecasts 20.09% EPS growth.

Among 5 analysts covering Banco Macro SA (NYSE:BMA), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Banco Macro SA had 7 analyst reports since February 9, 2016 according to SRatingsIntel. The stock of Banco Macro S.A. (NYSE:BMA) has “Buy” rating given on Monday, September 26 by Goldman Sachs. Goldman Sachs downgraded the stock to “Hold” rating in Monday, September 11 report. The firm earned “Neutral” rating on Tuesday, March 29 by Credit Suisse. The stock of Banco Macro S.A. (NYSE:BMA) earned “Neutral” rating by Citigroup on Monday, May 23. On Wednesday, June 1 the stock rating was initiated by UBS with “Neutral”. On Tuesday, June 13 the stock rating was upgraded by Credit Suisse to “Buy”.

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