Whittier Trust Co. Purchases 12,712 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Whittier Trust Co. boosted its position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 17.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 86,088 shares of the bank’s stock after acquiring an additional 12,712 shares during the period. Whittier Trust Co.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $863,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in BBVA. Benjamin F. Edwards & Company Inc. bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter worth $28,000. Spire Wealth Management lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 237.7% in the fourth quarter. Spire Wealth Management now owns 4,120 shares of the bank’s stock valued at $36,000 after buying an additional 2,900 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 139.8% during the fourth quarter. Russell Investments Group Ltd. now owns 3,906 shares of the bank’s stock valued at $36,000 after buying an additional 2,277 shares during the last quarter. GAMMA Investing LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter worth about $44,000. Finally, Financial Management Professionals Inc. lifted its position in Banco Bilbao Vizcaya Argentaria by 295.3% in the 1st quarter. Financial Management Professionals Inc. now owns 4,076 shares of the bank’s stock valued at $48,000 after acquiring an additional 3,045 shares in the last quarter. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of Banco Bilbao Vizcaya Argentaria stock traded up $0.02 during trading hours on Thursday, hitting $10.58. 346,556 shares of the company’s stock traded hands, compared to its average volume of 1,500,831. The company has a fifty day simple moving average of $10.30 and a 200-day simple moving average of $10.61. The stock has a market capitalization of $61.77 billion, a price-to-earnings ratio of 7.18, a PEG ratio of 1.00 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 released its earnings results on Thursday, August 1st. The bank reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.03. Banco Bilbao Vizcaya Argentaria had a net margin of 27.55% and a return on equity of 22.05%. The firm had revenue of $9.93 billion for the quarter. During the same quarter in the previous year, the firm earned $0.36 earnings per share. On average, analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.65 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Citigroup raised Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research note on Friday, August 9th. BNP Paribas downgraded shares of Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a report on Wednesday, June 12th. Finally, Royal Bank of Canada raised shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research report on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

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.