Banco Bilbao Viscaya Argentaria S.A. $BBVA Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers lessened its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 7.7% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 392,141 shares of the bank’s stock after selling 32,669 shares during the quarter. Cetera Investment Advisers’ holdings in Banco Bilbao Viscaya Argentaria were worth $8,494,000 at the end of the most recent reporting period.

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

Banco Bilbao Viscaya Argentaria Price Performance

BBVA stock opened at $27.89 on Friday. The firm has a market cap of $159.25 billion, a PE ratio of 12.68, a P/E/G ratio of 0.78 and a beta of 0.80. Banco Bilbao Viscaya Argentaria S.A. has a 12 month low of $16.44 and a 12 month high of $28.05. The firm has a 50 day simple moving average of $24.63 and a 200 day simple moving average of $23.44.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its earnings results on Tuesday, June 30th. The bank reported $0.62 EPS for the quarter. Banco Bilbao Viscaya Argentaria had a net margin of 27.75% and a return on equity of 18.24%. The company had revenue of $11.99 billion during the quarter. As a group, sell-side analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 2.35 earnings per share for the current year.

Analyst Ratings Changes

Several analysts recently issued reports on BBVA shares. Weiss Ratings downgraded Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th. Barclays lowered Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 15th. Wall Street Zen cut Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Bank of America lowered shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 15th. Finally, UBS Group reaffirmed a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, April 20th. One equities research analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Banco Bilbao Viscaya Argentaria currently has a consensus rating of “Hold”.

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.