Campbell & CO Investment Adviser LLC Decreases Stake in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Campbell & CO Investment Adviser LLC decreased its holdings in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 37.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 36,496 shares of the bank’s stock after selling 21,852 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $703,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in BBVA. Bank of America Corp DE grew its stake in shares of Banco Bilbao Viscaya Argentaria by 28.0% during the 2nd quarter. Bank of America Corp DE now owns 9,288,196 shares of the bank’s stock worth $142,760,000 after purchasing an additional 2,034,318 shares during the period. JPMorgan Chase & Co. boosted its holdings in Banco Bilbao Viscaya Argentaria by 11.4% during the second quarter. JPMorgan Chase & Co. now owns 4,548,398 shares of the bank’s stock worth $69,909,000 after buying an additional 467,226 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Banco Bilbao Viscaya Argentaria by 17.1% during the second quarter. Envestnet Asset Management Inc. now owns 4,375,294 shares of the bank’s stock worth $67,247,000 after buying an additional 637,519 shares during the period. American Century Companies Inc. increased its holdings in Banco Bilbao Viscaya Argentaria by 11.3% in the second quarter. American Century Companies Inc. now owns 2,632,191 shares of the bank’s stock valued at $40,457,000 after buying an additional 267,740 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of Banco Bilbao Viscaya Argentaria by 36.8% during the 2nd quarter. Raymond James Financial Inc. now owns 1,212,776 shares of the bank’s stock valued at $18,640,000 after acquiring an additional 326,367 shares during the period. 2.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on BBVA shares. Wall Street Zen cut Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday. Zacks Research downgraded Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Weiss Ratings restated a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Monday, December 29th. Finally, Morgan Stanley started coverage on Banco Bilbao Viscaya Argentaria in a research note on Tuesday, October 21st. They set an “equal weight” rating for the company. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of NYSE:BBVA opened at $24.08 on Wednesday. The business’s fifty day moving average price is $22.60 and its two-hundred day moving average price is $19.78. The stock has a market cap of $138.76 billion, a PE ratio of 12.61, a price-to-earnings-growth ratio of 0.97 and a beta of 0.82. Banco Bilbao Viscaya Argentaria S.A. has a one year low of $10.73 and a one year high of $24.82.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last released its quarterly earnings results on Thursday, October 30th. The bank reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. The company had revenue of $10.59 billion during the quarter, compared to analysts’ expectations of $10.47 billion. Banco Bilbao Viscaya Argentaria had a return on equity of 17.07% and a net margin of 28.58%. As a group, equities research analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current fiscal year.

Banco Bilbao Viscaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) is a Spanish multinational financial services group headquartered in Bilbao, Spain. The bank traces its roots to several historic regional banks and was formed through a series of mergers that consolidated its position as one of Spain’s largest banking groups. BBVA operates as a universal bank offering a broad range of financial services to retail, corporate and institutional clients.

BBVA’s core businesses include retail and commercial banking, corporate and investment banking, private banking and wealth management, asset management, and insurance.