Caprock Group LLC Takes $3.11 Million Position in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Caprock Group LLC bought a new position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 171,778 shares of the bank’s stock, valued at approximately $3,114,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Navigoe LLC bought a new position in shares of Banco Bilbao Viscaya Argentaria during the 3rd quarter worth about $26,000. Twin Peaks Wealth Advisors LLC acquired a new position in Banco Bilbao Viscaya Argentaria in the second quarter worth about $30,000. Cornerstone Planning Group LLC lifted its stake in Banco Bilbao Viscaya Argentaria by 183.2% during the third quarter. Cornerstone Planning Group LLC now owns 1,597 shares of the bank’s stock worth $32,000 after purchasing an additional 1,033 shares during the period. Salomon & Ludwin LLC boosted its holdings in Banco Bilbao Viscaya Argentaria by 2,989.5% during the third quarter. Salomon & Ludwin LLC now owns 2,348 shares of the bank’s stock valued at $45,000 after purchasing an additional 2,272 shares in the last quarter. Finally, Westside Investment Management Inc. grew its stake in shares of Banco Bilbao Viscaya Argentaria by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 2,316 shares of the bank’s stock valued at $45,000 after purchasing an additional 1,158 shares during the period. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Trading Down 3.1%

NYSE:BBVA opened at $23.35 on Friday. The company has a current ratio of 1.13, a quick ratio of 0.98 and a debt-to-equity ratio of 1.32. Banco Bilbao Viscaya Argentaria S.A. has a 1-year low of $11.59 and a 1-year high of $26.20. The firm has a market capitalization of $134.54 billion, a price-to-earnings ratio of 11.85, a PEG ratio of 0.84 and a beta of 0.80. The business’s 50-day moving average price is $23.85 and its two-hundred day moving average price is $20.86.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Thursday, February 5th. The bank reported $0.50 EPS for the quarter, meeting analysts’ consensus estimates of $0.50. Banco Bilbao Viscaya Argentaria had a return on equity of 17.29% and a net margin of 28.43%. On average, equities analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on BBVA. Weiss Ratings restated a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Monday, December 29th. Morgan Stanley assumed coverage on Banco Bilbao Viscaya Argentaria in a report on Tuesday, October 21st. They set an “equal weight” rating for the company. Wall Street Zen downgraded shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Royal Bank Of Canada downgraded shares of Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a report on Wednesday, January 28th. Finally, Zacks Research raised shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Banco Bilbao Viscaya Argentaria has an average rating of “Moderate Buy”.

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.