Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Shares Acquired by Capital World Investors

Capital World Investors boosted its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 3.2% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 175,823 shares of the bank’s stock after acquiring an additional 5,379 shares during the quarter. Capital World Investors’ holdings in Banco Bilbao Vizcaya Argentaria were worth $2,082,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BBVA. Benjamin F. Edwards & Company Inc. purchased a new position in shares of Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at approximately $28,000. Russell Investments Group Ltd. boosted its stake in Banco Bilbao Vizcaya Argentaria by 139.8% during the 4th quarter. Russell Investments Group Ltd. now owns 3,906 shares of the bank’s stock worth $36,000 after purchasing an additional 2,277 shares during the last quarter. Financial Management Professionals Inc. boosted its stake in Banco Bilbao Vizcaya Argentaria by 295.3% during the 1st quarter. Financial Management Professionals Inc. now owns 4,076 shares of the bank’s stock worth $48,000 after purchasing an additional 3,045 shares during the last quarter. Spire Wealth Management grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 237.7% during the fourth quarter. Spire Wealth Management now owns 4,120 shares of the bank’s stock worth $36,000 after buying an additional 2,900 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. raised its position in shares of Banco Bilbao Vizcaya Argentaria by 567.5% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 4,646 shares of the bank’s stock valued at $55,000 after buying an additional 3,950 shares during the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Analyst Ratings Changes

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

Banco Bilbao Vizcaya Argentaria Stock Performance

NYSE BBVA opened at $10.97 on Friday. Banco Bilbao Vizcaya Argentaria, S.A. has a fifty-two week low of $7.41 and a fifty-two week high of $12.20. The firm has a market capitalization of $64.04 billion, a P/E ratio of 7.46, a price-to-earnings-growth ratio of 1.11 and a beta of 1.32. The stock’s fifty day moving average is $10.45 and its two-hundred day moving average is $10.45.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings data on Monday, April 29th. The bank reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.05. Banco Bilbao Vizcaya Argentaria had a net margin of 26.90% and a return on equity of 15.34%. The firm had revenue of $8.92 billion during the quarter. As a group, sell-side analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.65 EPS for the current year.

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.