Banco Bilbao Viscaya Argentaria S.A. $BBVA Position Trimmed by BNP Paribas Financial Markets

BNP Paribas Financial Markets trimmed its holdings in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 47.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 567,442 shares of the bank’s stock after selling 522,130 shares during the quarter. BNP Paribas Financial Markets’ holdings in Banco Bilbao Viscaya Argentaria were worth $13,227,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. AdvisorShares Investments LLC boosted its holdings in Banco Bilbao Viscaya Argentaria by 1.2% during the fourth quarter. AdvisorShares Investments LLC now owns 93,555 shares of the bank’s stock worth $2,181,000 after buying an additional 1,135 shares in the last quarter. Norges Bank purchased a new position in shares of Banco Bilbao Viscaya Argentaria in the fourth quarter worth approximately $7,692,000. Basepoint Wealth LLC purchased a new position in shares of Banco Bilbao Viscaya Argentaria in the fourth quarter worth approximately $26,000. Lummis Asset Management LP purchased a new position in shares of Banco Bilbao Viscaya Argentaria in the fourth quarter worth approximately $158,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Banco Bilbao Viscaya Argentaria by 25.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 107,933 shares of the bank’s stock worth $2,516,000 after acquiring an additional 21,756 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors.

Banco Bilbao Viscaya Argentaria Trading Down 0.0%

NYSE BBVA opened at $22.22 on Monday. The company has a fifty day simple moving average of $22.33 and a 200 day simple moving average of $22.70. The company has a market cap of $126.82 billion, a P/E ratio of 10.58, a P/E/G ratio of 0.58 and a beta of 0.81. Banco Bilbao Viscaya Argentaria S.A. has a 1 year low of $14.63 and a 1 year high of $26.20.

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

Analyst Ratings Changes

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

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.