Altrius Capital Management Inc boosted its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA – Free Report) by 1.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 771,981 shares of the bank’s stock after purchasing an additional 12,099 shares during the period. Banco Bilbao Vizcaya Argentaria comprises approximately 2.0% of Altrius Capital Management Inc’s investment portfolio, making the stock its 12th biggest holding. Altrius Capital Management Inc’s holdings in Banco Bilbao Vizcaya Argentaria were worth $7,504,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in BBVA. QRG Capital Management Inc. increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 4.0% during the 4th quarter. QRG Capital Management Inc. now owns 1,043,054 shares of the bank’s stock worth $10,138,000 after purchasing an additional 40,352 shares during the last quarter. NewEdge Wealth LLC grew its holdings in Banco Bilbao Vizcaya Argentaria by 1.1% during the fourth quarter. NewEdge Wealth LLC now owns 476,408 shares of the bank’s stock valued at $4,631,000 after purchasing an additional 5,271 shares during the period. Checchi Capital Advisers LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 3.6% in the fourth quarter. Checchi Capital Advisers LLC now owns 38,717 shares of the bank’s stock valued at $376,000 after buying an additional 1,344 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 3.1% during the 4th quarter. Bank of New York Mellon Corp now owns 421,256 shares of the bank’s stock valued at $4,095,000 after buying an additional 12,616 shares during the last quarter. Finally, IFP Advisors Inc grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 20.7% during the 4th quarter. IFP Advisors Inc now owns 5,420 shares of the bank’s stock worth $53,000 after acquiring an additional 930 shares during the period. Hedge funds and other institutional investors own 2.96% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have commented on the stock. Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Friday, January 31st. Kepler Capital Markets raised shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a report on Thursday. Finally, StockNews.com downgraded Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.
Banco Bilbao Vizcaya Argentaria Trading Down 1.0 %
Shares of Banco Bilbao Vizcaya Argentaria stock opened at $13.29 on Friday. The company’s 50-day moving average price is $11.19 and its 200-day moving average price is $10.47. The company has a market cap of $77.56 billion, a price-to-earnings ratio of 7.34, a PEG ratio of 0.80 and a beta of 1.27. Banco Bilbao Vizcaya Argentaria, S.A. has a 12-month low of $9.23 and a 12-month high of $13.59. 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 (NYSE:BBVA – Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a net margin of 28.10% and a return on equity of 17.49%. On average, equities analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current fiscal year.
Banco Bilbao Vizcaya Argentaria 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.
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