Parallel Advisors LLC Acquires 861 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

Parallel Advisors LLC increased its position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 3.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 28,083 shares of the bank’s stock after purchasing an additional 861 shares during the quarter. Parallel Advisors LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $432,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Focus Partners Wealth raised its holdings in Banco Bilbao Viscaya Argentaria by 4.3% in the 1st quarter. Focus Partners Wealth now owns 17,923 shares of the bank’s stock valued at $244,000 after acquiring an additional 732 shares during the period. Beverly Hills Private Wealth LLC lifted its holdings in shares of Banco Bilbao Viscaya Argentaria by 3.5% in the first quarter. Beverly Hills Private Wealth LLC now owns 22,114 shares of the bank’s stock worth $301,000 after acquiring an additional 740 shares during the last quarter. Manchester Capital Management LLC boosted its position in Banco Bilbao Viscaya Argentaria by 19.2% in the first quarter. Manchester Capital Management LLC now owns 4,643 shares of the bank’s stock valued at $63,000 after buying an additional 748 shares in the last quarter. Bessemer Group Inc. boosted its position in Banco Bilbao Viscaya Argentaria by 25.3% in the first quarter. Bessemer Group Inc. now owns 3,901 shares of the bank’s stock valued at $53,000 after buying an additional 787 shares in the last quarter. Finally, First Affirmative Financial Network increased its holdings in Banco Bilbao Viscaya Argentaria by 6.2% in the first quarter. First Affirmative Financial Network now owns 16,881 shares of the bank’s stock valued at $230,000 after purchasing an additional 979 shares during the period. 2.96% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of BBVA stock opened at $19.33 on Friday. Banco Bilbao Viscaya Argentaria S.A. has a 12 month low of $9.23 and a 12 month high of $19.41. 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 stock has a market capitalization of $112.85 billion, a P/E ratio of 10.17, a PEG ratio of 1.01 and a beta of 1.20. The firm’s 50 day moving average is $17.60 and its 200 day moving average is $15.51.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its earnings results on Thursday, July 31st. The bank reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.05. The business had revenue of $10.30 billion for the quarter, compared to analysts’ expectations 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, sell-side analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current year.

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.