Fisher Asset Management LLC Sells 2,155,096 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Fisher Asset Management LLC decreased its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 4.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 48,799,680 shares of the bank’s stock after selling 2,155,096 shares during the quarter. Fisher Asset Management LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $474,333,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Brooklyn Investment Group grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 120.7% during the fourth quarter. Brooklyn Investment Group now owns 3,540 shares of the bank’s stock worth $34,000 after purchasing an additional 1,936 shares during the period. Avion Wealth acquired a new position in shares of Banco Bilbao Vizcaya Argentaria during the 4th quarter worth about $39,000. Barclays PLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth about $41,000. Sierra Ocean LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at about $49,000. Finally, IFP Advisors Inc raised its position in shares of Banco Bilbao Vizcaya Argentaria by 20.7% in the 4th quarter. IFP Advisors Inc now owns 5,420 shares of the bank’s stock valued at $53,000 after acquiring an additional 930 shares during the period. Institutional investors and hedge funds own 2.96% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Kepler Capital Markets raised shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research report on Thursday. Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Friday, January 31st. Finally, StockNews.com downgraded Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Thursday. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Down 0.6 %

Banco Bilbao Vizcaya Argentaria stock opened at $13.21 on Friday. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $9.23 and a twelve month high of $13.59. The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16. The company has a 50 day moving average of $11.26 and a 200-day moving average of $10.50. The stock has a market capitalization of $77.09 billion, a PE ratio of 7.30, a price-to-earnings-growth ratio of 0.80 and a beta of 1.27.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share (EPS) for the quarter, topping 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, equities research analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS 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.