31,477 Shares in Banco Bilbao Viscaya Argentaria S.A. $BBVA Purchased by Brucke Financial Inc.

Brucke Financial Inc. purchased a new stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 31,477 shares of the bank’s stock, valued at approximately $634,000.

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

Analysts Set New Price Targets

BBVA has been the topic of a number of recent analyst reports. Weiss Ratings restated a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, December 29th. Royal Bank Of Canada cut Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 28th. Zacks Research upgraded Banco Bilbao Viscaya Argentaria from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 21st. Finally, Wall Street Zen upgraded Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Banco Bilbao Viscaya Argentaria currently has a consensus rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Price Performance

NYSE:BBVA opened at $23.79 on Thursday. Banco Bilbao Viscaya Argentaria S.A. has a 12-month low of $11.59 and a 12-month high of $26.20. The firm has a market capitalization of $137.08 billion, a P/E ratio of 12.07, a P/E/G ratio of 0.59 and a beta of 0.80. The business has a 50 day simple moving average of $24.02 and a 200 day simple moving average of $21.30.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its earnings results on Thursday, February 5th. The bank reported $0.50 earnings per share for the quarter, hitting the consensus estimate of $0.50. Banco Bilbao Viscaya Argentaria had a return on equity of 17.29% and a net margin of 28.43%.The firm had revenue of $11.49 billion for the quarter, compared to analyst estimates of $10.74 billion. Research analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Viscaya Argentaria 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.