Banco Bilbao Viscaya Argentaria S.A. $BBVA Shares Purchased by Russell Investments Group Ltd.

Russell Investments Group Ltd. grew its stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 56.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 50,597 shares of the bank’s stock after purchasing an additional 18,196 shares during the quarter. Russell Investments Group Ltd.’s holdings in Banco Bilbao Viscaya Argentaria were worth $689,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Northern Trust Corp lifted its stake in shares of Banco Bilbao Viscaya Argentaria by 48.6% during the fourth quarter. Northern Trust Corp now owns 7,418,877 shares of the bank’s stock worth $72,111,000 after purchasing an additional 2,424,880 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Banco Bilbao Viscaya Argentaria by 13.7% in the fourth quarter. Bank of America Corp DE now owns 5,108,410 shares of the bank’s stock worth $49,654,000 after acquiring an additional 613,563 shares in the last quarter. Crossmark Global Holdings Inc. lifted its stake in shares of Banco Bilbao Viscaya Argentaria by 5.8% in the first quarter. Crossmark Global Holdings Inc. now owns 1,296,544 shares of the bank’s stock worth $17,659,000 after acquiring an additional 71,217 shares in the last quarter. Millennium Management LLC lifted its stake in shares of Banco Bilbao Viscaya Argentaria by 514.5% in the fourth quarter. Millennium Management LLC now owns 951,350 shares of the bank’s stock worth $9,247,000 after acquiring an additional 796,526 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of Banco Bilbao Viscaya Argentaria by 59.9% in the first quarter. Bank of New York Mellon Corp now owns 673,748 shares of the bank’s stock worth $9,176,000 after acquiring an additional 252,492 shares in the last quarter. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Stock Down 0.1%

Shares of Banco Bilbao Viscaya Argentaria stock opened at $18.13 on Friday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.18. The business’s 50 day simple moving average is $16.59 and its 200-day simple moving average is $14.93. The stock has a market capitalization of $105.81 billion, a price-to-earnings ratio of 9.54, a PEG ratio of 1.42 and a beta of 1.12. Banco Bilbao Viscaya Argentaria S.A. has a twelve month low of $9.23 and a twelve month high of $19.39.

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

Analyst Upgrades and Downgrades

Several analysts have issued reports on BBVA shares. Barclays upgraded Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a research note on Thursday, August 7th. Wall Street Zen cut Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday, July 12th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Banco Bilbao Viscaya Argentaria currently has a consensus rating of “Buy”.

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.