Cetera Investment Advisers increased its holdings in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA – Free Report) by 8.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 222,327 shares of the bank’s stock after acquiring an additional 16,408 shares during the quarter. Cetera Investment Advisers’ holdings in Banco Bilbao Viscaya Argentaria were worth $3,028,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of BBVA. Private Trust Co. NA increased its stake in shares of Banco Bilbao Viscaya Argentaria by 224.7% during 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 period. Bessemer Group Inc. increased 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 valued at $53,000 after acquiring an additional 787 shares during the period. Elevation Point Wealth Partners LLC acquired a new position in shares of Banco Bilbao Viscaya Argentaria during the first quarter valued at approximately $209,000. LPL Financial LLC increased 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 valued at $3,868,000 after acquiring an additional 260,472 shares during the period. Finally, GAMMA Investing LLC increased its stake in shares of Banco Bilbao Viscaya Argentaria by 48.5% during the first quarter. GAMMA Investing LLC now owns 16,135 shares of the bank’s stock valued at $220,000 after acquiring an additional 5,269 shares during the period. Institutional investors and hedge funds own 2.96% of the company’s stock.
Wall Street Analyst Weigh In
Separately, Wall Street Zen lowered shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday, July 12th.
Banco Bilbao Viscaya Argentaria Trading Up 1.3%
Shares of NYSE:BBVA opened at $17.28 on Wednesday. The firm has a fifty day moving average of $15.33 and a two-hundred day moving average of $14.04. The firm has a market capitalization of $100.88 billion, a P/E ratio of 9.09, a price-to-earnings-growth ratio of 1.34 and a beta of 1.12. Banco Bilbao Viscaya Argentaria S.A. has a 12-month low of $9.23 and a 12-month high of $17.33. The company has a quick ratio of 0.22, a current ratio of 1.01 and a debt-to-equity ratio of 1.18.
Banco Bilbao Viscaya Argentaria (NYSE:BBVA – Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The bank reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.05. The business had revenue of $10.30 billion during the quarter, compared to analyst estimates of $10.24 billion. Banco Bilbao Viscaya Argentaria had a net margin of 29.17% and a return on equity of 17.61%. On average, equities analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current fiscal 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.
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