Lake Street Advisors Group LLC Grows Stock Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Lake Street Advisors Group LLC raised its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 20.5% during the 1st quarter, HoldingsChannel.com reports. The fund owned 61,498 shares of the bank’s stock after buying an additional 10,473 shares during the period. Lake Street Advisors Group LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $728,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of BBVA. Optiver Holding B.V. bought a new position in Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at $4,309,000. BNP Paribas Financial Markets grew its position in Banco Bilbao Vizcaya Argentaria by 169.8% in the 4th quarter. BNP Paribas Financial Markets now owns 497,463 shares of the bank’s stock valued at $4,532,000 after acquiring an additional 313,065 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Banco Bilbao Vizcaya Argentaria by 2.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 10,355,974 shares of the bank’s stock valued at $94,342,000 after acquiring an additional 290,673 shares during the last quarter. Capital World Investors bought a new position in Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at $1,537,000. Finally, Capital Wealth Planning LLC grew its position in Banco Bilbao Vizcaya Argentaria by 82.4% in the 4th quarter. Capital Wealth Planning LLC now owns 332,450 shares of the bank’s stock valued at $3,029,000 after acquiring an additional 150,191 shares during the last quarter. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Price Performance

BBVA stock remained flat at $10.88 during trading on Thursday. The company had a trading volume of 233,291 shares, compared to its average volume of 1,471,698. The company’s 50 day moving average price is $10.44 and its 200 day moving average price is $10.43. The company has a market capitalization of $63.52 billion, a P/E ratio of 7.40, a price-to-earnings-growth ratio of 1.12 and a beta of 1.32. Banco Bilbao Vizcaya Argentaria, S.A. has a 12 month low of $7.41 and a 12 month high of $12.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Monday, April 29th. The bank reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.05. The company had revenue of $8.92 billion during the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 15.34% and a net margin of 26.90%. Equities research analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.65 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas downgraded Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research report on Wednesday, June 12th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Banco Bilbao Vizcaya Argentaria presently has a consensus rating of “Hold”.

About Banco Bilbao Vizcaya Argentaria

Banco Bilbao Vizcaya Argentaria, SA provides retail banking, wholesale banking, and asset management services in the United States, Spain, Mexico, Turkey, South America, and internationally. The company offers savings account, demand deposits, and time deposits; and loan products, such as residential mortgages, other households, credit card loans, loans to enterprises and public sector, as well as consumer finance.