56,479 Shares in Banco Bilbao Viscaya Argentaria S.A. $BBVA Purchased by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. purchased a new stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 56,479 shares of the bank’s stock, valued at approximately $868,000.

Other institutional investors have also made changes to their positions in the company. Alpine Bank Wealth Management bought a new position in shares of Banco Bilbao Viscaya Argentaria in the first quarter valued at about $29,000. Private Trust Co. NA raised its holdings in shares of Banco Bilbao Viscaya Argentaria by 224.7% in the first quarter. Private Trust Co. NA now owns 2,607 shares of the bank’s stock valued at $36,000 after buying an additional 1,804 shares during the last quarter. Cullen Frost Bankers Inc. bought a new position in shares of Banco Bilbao Viscaya Argentaria in the first quarter valued at about $46,000. Bessemer Group Inc. raised its holdings in shares of Banco Bilbao Viscaya Argentaria by 25.3% in the first quarter. Bessemer Group Inc. now owns 3,901 shares of the bank’s stock valued at $53,000 after buying an additional 787 shares during the last quarter. Finally, Manchester Capital Management LLC raised its holdings in shares of Banco Bilbao Viscaya Argentaria by 19.2% in the first quarter. Manchester Capital Management LLC now owns 4,643 shares of the bank’s stock valued at $63,000 after buying an additional 748 shares during the last quarter. 2.96% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

BBVA has been the subject of a number of research analyst reports. Barclays raised Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a report on Thursday, August 7th. Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, July 12th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Banco Bilbao Viscaya Argentaria presently has an average rating of “Buy”.

Banco Bilbao Viscaya Argentaria Price Performance

Shares of BBVA stock opened at $19.12 on Friday. The stock has a 50-day moving average price of $17.52 and a 200 day moving average price of $15.47. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.18. The firm has a market cap of $111.62 billion, a price-to-earnings ratio of 10.06, a PEG ratio of 1.00 and a beta of 1.20. Banco Bilbao Viscaya Argentaria S.A. has a 12 month low of $9.23 and a 12 month high of $19.39.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its quarterly earnings data on Thursday, July 31st. The bank reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.05. The firm had revenue of $10.30 billion during the quarter, compared to analyst estimates of $10.24 billion. Banco Bilbao Viscaya Argentaria had a return on equity of 17.61% and a net margin of 29.17%. Research analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current year.

Banco Bilbao Viscaya Argentaria Company Profile

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.