Advisors Preferred LLC Purchases New Stake in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Advisors Preferred LLC acquired a new position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 25,407 shares of the bank’s stock, valued at approximately $488,000.

A number of other large investors also recently added to or reduced their stakes in the business. Savvy Advisors Inc. grew its position in shares of Banco Bilbao Viscaya Argentaria by 3.9% during the 3rd quarter. Savvy Advisors Inc. now owns 14,644 shares of the bank’s stock worth $282,000 after buying an additional 544 shares during the period. Baron Wealth Management LLC boosted its stake in Banco Bilbao Viscaya Argentaria by 2.5% in the third quarter. Baron Wealth Management LLC now owns 23,039 shares of the bank’s stock valued at $443,000 after acquiring an additional 553 shares during the last quarter. Savant Capital LLC grew its holdings in Banco Bilbao Viscaya Argentaria by 0.7% during the 3rd quarter. Savant Capital LLC now owns 80,109 shares of the bank’s stock worth $1,542,000 after acquiring an additional 556 shares during the period. Peapack Gladstone Financial Corp grew its holdings in Banco Bilbao Viscaya Argentaria by 4.1% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 14,304 shares of the bank’s stock worth $220,000 after acquiring an additional 563 shares during the period. Finally, Seeds Investor LLC raised its position in shares of Banco Bilbao Viscaya Argentaria by 4.1% during the 2nd quarter. Seeds Investor LLC now owns 14,956 shares of the bank’s stock valued at $230,000 after acquiring an additional 584 shares during the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of Banco Bilbao Viscaya Argentaria stock opened at $23.51 on Friday. The stock’s fifty day simple moving average is $23.96 and its 200 day simple moving average is $21.18. The company has a current ratio of 1.13, a quick ratio of 0.98 and a debt-to-equity ratio of 1.32. The company has a market capitalization of $135.48 billion, a PE ratio of 11.93, a PEG ratio of 0.82 and a beta of 0.80. Banco Bilbao Viscaya Argentaria S.A. has a 12 month low of $11.59 and a 12 month high of $26.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its earnings results on Thursday, February 5th. The bank reported $0.50 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.50. The firm had revenue of $11.49 billion during the quarter, compared to analysts’ expectations of $10.74 billion. Banco Bilbao Viscaya Argentaria had a return on equity of 17.29% and a net margin of 28.43%. On average, research analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on BBVA. Weiss Ratings restated a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Monday, December 29th. Wall Street Zen raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research note on Saturday. Royal Bank Of Canada lowered Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 28th. Finally, Zacks Research raised 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 assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Banco Bilbao Viscaya Argentaria has an average rating of “Moderate Buy”.

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.