Banco Bilbao Viscaya Argentaria S.A. $BBVA Stake Trimmed by Capital International Investors

Capital International Investors lowered its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 1.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,541,165 shares of the bank’s stock after selling 75,454 shares during the quarter. Capital International Investors’ holdings in Banco Bilbao Viscaya Argentaria were worth $153,390,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Savvy Advisors Inc. boosted its position in Banco Bilbao Viscaya Argentaria by 2.9% during the 4th quarter. Savvy Advisors Inc. now owns 15,062 shares of the bank’s stock worth $351,000 after acquiring an additional 418 shares during the period. Root Financial Partners LLC boosted its position in Banco Bilbao Viscaya Argentaria by 59.6% during the 4th quarter. Root Financial Partners LLC now owns 1,141 shares of the bank’s stock worth $27,000 after acquiring an additional 426 shares during the period. Seeds Investor LLC boosted its position in Banco Bilbao Viscaya Argentaria by 3.0% during the 4th quarter. Seeds Investor LLC now owns 15,003 shares of the bank’s stock worth $350,000 after acquiring an additional 439 shares during the period. TD Waterhouse Canada Inc. boosted its position in Banco Bilbao Viscaya Argentaria by 50.9% during the 4th quarter. TD Waterhouse Canada Inc. now owns 1,304 shares of the bank’s stock worth $30,000 after acquiring an additional 440 shares during the period. Finally, Nisa Investment Advisors LLC raised its stake in shares of Banco Bilbao Viscaya Argentaria by 45.6% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,456 shares of the bank’s stock worth $34,000 after purchasing an additional 456 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently weighed in on BBVA. Weiss Ratings downgraded Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th. UBS Group reaffirmed a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, April 20th. Barclays downgraded Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. Zacks Research downgraded Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 10th. Finally, Wall Street Zen downgraded Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. One equities research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Banco Bilbao Viscaya Argentaria Stock Up 0.6%

Shares of NYSE:BBVA opened at $22.35 on Tuesday. The business has a 50 day moving average price of $22.36 and a 200 day moving average price of $22.72. Banco Bilbao Viscaya Argentaria S.A. has a twelve month low of $14.63 and a twelve month high of $26.20. The company has a market cap of $127.58 billion, a price-to-earnings ratio of 10.64, a PEG ratio of 0.58 and a beta of 0.81.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its quarterly earnings results on Tuesday, March 31st. The bank reported $0.59 EPS for the quarter. The firm had revenue of $12.33 billion during the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 17.65% and a net margin of 28.21%. Analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 2.26 EPS for the current year.

About Banco Bilbao Viscaya Argentaria

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.