Quantamental Technologies LLC Buys New Shares in Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA)

Quantamental Technologies LLC bought a new stake in Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 9,343 shares of the bank’s stock, valued at approximately $52,000.

Other large investors also recently added to or reduced their stakes in the company. Evolution Wealth Advisors LLC purchased a new position in Banco Bilbao Vizcaya Argentaria in the second quarter valued at $25,000. Cornerstone Advisors Inc. boosted its holdings in Banco Bilbao Vizcaya Argentaria by 173.7% in the first quarter. Cornerstone Advisors Inc. now owns 4,609 shares of the bank’s stock valued at $26,000 after purchasing an additional 2,925 shares during the period. Parallel Advisors LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria by 259.3% in the first quarter. Parallel Advisors LLC now owns 8,121 shares of the bank’s stock valued at $47,000 after purchasing an additional 5,861 shares during the period. Lindbrook Capital LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria by 30.8% in the second quarter. Lindbrook Capital LLC now owns 9,146 shares of the bank’s stock valued at $50,000 after purchasing an additional 2,156 shares during the period. Finally, Boston Private Wealth LLC purchased a new position in Banco Bilbao Vizcaya Argentaria in the second quarter valued at $57,000. Hedge funds and other institutional investors own 2.86% of the company’s stock.

Shares of BBVA traded up $0.11 during midday trading on Friday, reaching $5.36. 247,256 shares of the stock were exchanged, compared to its average volume of 3,501,434. The business’s 50-day moving average price is $4.92 and its 200 day moving average price is $5.58. Banco Bilbao Vizcaya Argentaria SA has a twelve month low of $4.62 and a twelve month high of $6.78. The company has a market capitalization of $35.51 billion, a price-to-earnings ratio of 6.08, a PEG ratio of 3.12 and a beta of 1.01.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its earnings results on Wednesday, July 31st. The bank reported $0.19 EPS for the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 9.62% and a net margin of 23.08%. The business had revenue of $6.65 billion for the quarter, compared to analysts’ expectations of $6.58 billion. As a group, equities research analysts expect that Banco Bilbao Vizcaya Argentaria SA will post 0.72 earnings per share for the current year.

BBVA has been the subject of a number of recent research reports. Zacks Investment Research upgraded Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “hold” rating in a report on Monday, August 5th. HSBC upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Thursday, August 22nd. Societe Generale cut Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “sell” rating in a research note on Wednesday, June 26th. ValuEngine cut Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “strong sell” rating in a research note on Wednesday, September 4th. Finally, Credit Suisse Group cut Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research note on Wednesday, June 12th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $6.75.

About Banco Bilbao Vizcaya Argentaria

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. The company accepts various deposits, such as current and savings accounts, term deposits, subordinated deposits, and other accounts. It also offers loan products; and foreclosed real-estate assets from residential mortgages and developers, as well as lending to developers.

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Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria (NYSE:BBVA)

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