Bleakley Financial Group LLC Boosts Stock Position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA)

Bleakley Financial Group LLC lifted its position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 37.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,252 shares of the bank’s stock after acquiring an additional 4,142 shares during the quarter. Bleakley Financial Group LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $208,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Beverly Hills Private Wealth LLC boosted its stake in shares of Banco Bilbao Viscaya Argentaria by 3.5% during the 1st quarter. Beverly Hills Private Wealth LLC now owns 22,114 shares of the bank’s stock worth $301,000 after acquiring an additional 740 shares in the last quarter. Bessemer Group Inc. increased its holdings in Banco Bilbao Viscaya Argentaria by 25.3% during the 1st quarter. Bessemer Group Inc. now owns 3,901 shares of the bank’s stock valued at $53,000 after purchasing an additional 787 shares in the last quarter. HighPoint Advisor Group LLC boosted its position in Banco Bilbao Viscaya Argentaria by 4.3% in the 4th quarter. HighPoint Advisor Group LLC now owns 20,975 shares of the bank’s stock valued at $204,000 after buying an additional 862 shares during the last quarter. Seven Mile Advisory boosted its position in Banco Bilbao Viscaya Argentaria by 4.7% in the 4th quarter. Seven Mile Advisory now owns 20,999 shares of the bank’s stock valued at $204,000 after buying an additional 950 shares during the last quarter. Finally, First Affirmative Financial Network boosted its position in shares of Banco Bilbao Viscaya Argentaria by 6.2% during the first quarter. First Affirmative Financial Network now owns 16,881 shares of the bank’s stock worth $230,000 after purchasing an additional 979 shares in the last quarter. Institutional investors and hedge funds own 2.96% of the company’s stock.

Analyst Ratings Changes

Separately, Wall Street Zen cut Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, July 12th. Two equities research analysts have rated the stock with a hold rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Banco Bilbao Viscaya Argentaria presently has a consensus rating of “Buy”.

Banco Bilbao Viscaya Argentaria Stock Down 0.3%

Shares of NYSE:BBVA opened at $14.86 on Friday. The firm has a market cap of $86.72 billion, a P/E ratio of 7.86, a P/E/G ratio of 1.17 and a beta of 1.06. Banco Bilbao Viscaya Argentaria S.A. has a 12-month low of $9.23 and a 12-month high of $16.00. The business has a fifty day simple moving average of $15.15 and a 200 day simple moving average of $13.52.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its earnings results on Tuesday, April 29th. The bank reported $0.47 EPS for the quarter, meeting analysts’ consensus estimates of $0.47. Banco Bilbao Viscaya Argentaria had a return on equity of 17.97% and a net margin of 28.85%. The business had revenue of $10.61 billion during the quarter, compared to analyst estimates of $9.12 billion. As a group, equities research analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current year.

About Banco Bilbao Viscaya 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.