Capital Wealth Planning LLC Purchases 262,248 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

Capital Wealth Planning LLC increased its position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 54.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 741,337 shares of the bank’s stock after acquiring an additional 262,248 shares during the quarter. Capital Wealth Planning LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $17,785,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of BBVA. AQR Capital Management LLC boosted its stake in Banco Bilbao Viscaya Argentaria by 103.0% during the 1st quarter. AQR Capital Management LLC now owns 125,927 shares of the bank’s stock worth $1,715,000 after acquiring an additional 63,880 shares during the last quarter. Jane Street Group LLC boosted its stake in Banco Bilbao Viscaya Argentaria by 104.6% during the 1st quarter. Jane Street Group LLC now owns 181,639 shares of the bank’s stock worth $2,474,000 after acquiring an additional 92,843 shares during the last quarter. Focus Partners Wealth boosted its stake in Banco Bilbao Viscaya Argentaria by 4.3% during the 1st quarter. Focus Partners Wealth now owns 17,923 shares of the bank’s stock worth $244,000 after acquiring an additional 732 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in Banco Bilbao Viscaya Argentaria by 9.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 24,063 shares of the bank’s stock worth $370,000 after acquiring an additional 2,090 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in Banco Bilbao Viscaya Argentaria by 44.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 72,881 shares of the bank’s stock worth $1,120,000 after acquiring an additional 22,284 shares during the last quarter. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of BBVA stock opened at $22.03 on Thursday. The company has a market capitalization of $125.74 billion, a P/E ratio of 10.49, a price-to-earnings-growth ratio of 0.59 and a beta of 0.81. The company’s 50 day moving average price is $22.43 and its two-hundred day moving average price is $22.74. Banco Bilbao Viscaya Argentaria S.A. has a 52 week low of $14.63 and a 52 week 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. Banco Bilbao Viscaya Argentaria had a net margin of 28.21% and a return on equity of 17.65%. The company had revenue of $12.33 billion for the quarter. Analysts forecast that Banco Bilbao Viscaya Argentaria S.A. will post 2.26 earnings per share for the current year.

Analysts Set New Price Targets

BBVA has been the topic of several research analyst reports. Weiss Ratings downgraded shares of Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th. Wall Street Zen downgraded shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Zacks Research downgraded shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. UBS Group restated a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, April 20th. Finally, Barclays downgraded shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. One research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Banco Bilbao Viscaya Argentaria has an average 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.