Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Position Decreased by Marks Group Wealth Management Inc

Marks Group Wealth Management Inc reduced its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 17.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,480 shares of the bank’s stock after selling 19,333 shares during the quarter. Marks Group Wealth Management Inc’s holdings in Banco Bilbao Vizcaya Argentaria were worth $870,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. AQR Capital Management LLC increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 35.6% in the second quarter. AQR Capital Management LLC now owns 42,258 shares of the bank’s stock valued at $424,000 after buying an additional 11,100 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 40.2% in the 2nd quarter. Cetera Investment Advisers now owns 154,015 shares of the bank’s stock worth $1,545,000 after acquiring an additional 44,131 shares during the last quarter. Procyon Advisors LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the third quarter worth $134,000. Creative Planning lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 14.5% during the third quarter. Creative Planning now owns 375,002 shares of the bank’s stock valued at $4,065,000 after purchasing an additional 47,571 shares during the last quarter. Finally, Bleakley Financial Group LLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria in the 3rd quarter valued at $124,000. 2.96% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

BBVA has been the topic of several recent analyst reports. Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Friday, January 31st. StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Banco Bilbao Vizcaya Argentaria has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Up 1.8 %

NYSE:BBVA opened at $12.44 on Thursday. The business’s fifty day moving average price is $10.50 and its 200 day moving average price is $10.24. The firm has a market capitalization of $72.62 billion, a price-to-earnings ratio of 6.87, a PEG ratio of 0.76 and a beta of 1.27. The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16. Banco Bilbao Vizcaya Argentaria, S.A. has a 1-year low of $9.23 and a 1-year high of $12.50.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. On average, sell-side analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current fiscal 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.