MAI Capital Management lifted its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA – Free Report) by 5.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 62,631 shares of the bank’s stock after purchasing an additional 3,360 shares during the quarter. MAI Capital Management’s holdings in Banco Bilbao Vizcaya Argentaria were worth $442,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Zions Bancorporation N.A. increased its holdings in Banco Bilbao Vizcaya Argentaria by 71.0% in the 4th quarter. Zions Bancorporation N.A. now owns 4,584 shares of the bank’s stock valued at $28,000 after buying an additional 1,904 shares during the period. Brown Brothers Harriman & Co. increased its stake in Banco Bilbao Vizcaya Argentaria by 124.8% in the first quarter. Brown Brothers Harriman & Co. now owns 6,859 shares of the bank’s stock valued at $39,000 after acquiring an additional 3,808 shares during the last quarter. CWM LLC raised its position in Banco Bilbao Vizcaya Argentaria by 29.6% during the fourth quarter. CWM LLC now owns 7,036 shares of the bank’s stock valued at $42,000 after purchasing an additional 1,608 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 120.9% in the 3rd quarter. Tower Research Capital LLC TRC now owns 11,037 shares of the bank’s stock valued at $49,000 after purchasing an additional 6,040 shares in the last quarter. Finally, Savant Capital LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at $58,000. Institutional investors and hedge funds own 2.55% of the company’s stock.
Wall Street Analysts Forecast Growth
BBVA has been the topic of several research analyst reports. Barclays began coverage on Banco Bilbao Vizcaya Argentaria in a research note on Friday, May 26th. They issued an “equal weight” rating on the stock. StockNews.com assumed coverage on shares of Banco Bilbao Vizcaya Argentaria in a report on Thursday, August 17th. They set a “buy” rating on the stock. Finally, HSBC upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Friday, April 28th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $6.34.
Banco Bilbao Vizcaya Argentaria Stock Performance
Shares of Banco Bilbao Vizcaya Argentaria stock opened at $7.70 on Thursday. The stock has a market cap of $45.93 billion, a price-to-earnings ratio of 6.42, a P/E/G ratio of 0.51 and a beta of 1.30. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.20. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $4.32 and a twelve month high of $8.14. The company’s fifty day moving average is $7.69 and its 200 day moving average is $7.34.
Banco Bilbao Vizcaya Argentaria (NYSE:BBVA – Get Free Report) last issued its quarterly earnings results on Friday, July 28th. The bank reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.02. Banco Bilbao Vizcaya Argentaria had a net margin of 26.54% and a return on equity of 14.53%. The firm had revenue of $7.83 billion for the quarter. During the same quarter last year, the firm posted $0.30 EPS. Sell-side analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.36 EPS for the current year.
About Banco Bilbao Vizcaya Argentaria
Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail banking, wholesale banking, and asset management services. It offers current accounts; and demand, savings, overnight, time, term, and subordinated deposits. The company also provides loan products; deals in securities; leasing, factoring, brokerage, and asset management services; and manages pension and investment funds.
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