Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Shares Acquired by Brown Advisory Inc.

Brown Advisory Inc. lifted its holdings in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 190.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,907 shares of the bank’s stock after purchasing an additional 19,605 shares during the quarter. Brown Advisory Inc.’s holdings in Banco Bilbao Viscaya Argentaria were worth $407,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Private Trust Co. NA boosted its holdings in 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 acquiring an additional 1,804 shares during the last quarter. Bessemer Group Inc. lifted its stake in shares of Banco Bilbao Viscaya Argentaria by 25.3% during the first quarter. Bessemer Group Inc. now owns 3,901 shares of the bank’s stock worth $53,000 after purchasing an additional 787 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Banco Bilbao Viscaya Argentaria by 7.5% during the fourth quarter. American Century Companies Inc. now owns 2,226,849 shares of the bank’s stock worth $21,645,000 after purchasing an additional 156,006 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of Banco Bilbao Viscaya Argentaria during the first quarter worth about $209,000. Finally, LPL Financial LLC lifted its stake in shares of Banco Bilbao Viscaya Argentaria by 189.4% during the fourth quarter. LPL Financial LLC now owns 397,979 shares of the bank’s stock worth $3,868,000 after purchasing an additional 260,472 shares in the last quarter. Institutional investors and hedge funds own 2.96% of the company’s stock.

Analysts Set New Price Targets

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

Banco Bilbao Viscaya Argentaria Stock Down 2.8%

Shares of Banco Bilbao Viscaya Argentaria stock opened at $14.73 on Wednesday. The firm has a market cap of $85.99 billion, a P/E ratio of 7.79, a P/E/G ratio of 1.48 and a beta of 1.06. Banco Bilbao Viscaya Argentaria S.A. has a fifty-two week low of $9.23 and a fifty-two week high of $16.00. The business has a 50-day moving average price of $15.13 and a 200 day moving average price of $13.47.

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

Banco Bilbao Viscaya 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.