Atlas Capital Advisors Inc. Purchases Shares of 45,774 Banco Bilbao Viscaya Argentaria S.A. $BBVA

Atlas Capital Advisors Inc. purchased a new stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 45,774 shares of the bank’s stock, valued at approximately $1,067,000.

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

Banco Bilbao Viscaya Argentaria Trading Down 0.1%

Shares of NYSE:BBVA opened at $23.31 on Monday. Banco Bilbao Viscaya Argentaria S.A. has a twelve month low of $14.63 and a twelve month high of $26.20. The company’s 50 day moving average is $22.49 and its 200 day moving average is $22.78. The company has a market cap of $133.06 billion, a PE ratio of 11.10, a price-to-earnings-growth ratio of 0.58 and a beta of 0.81.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its quarterly earnings results on Tuesday, March 31st. The bank reported $0.59 earnings per share 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. Equities research analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 2.38 earnings per share for the current fiscal year.

Analysts Set New Price Targets

BBVA has been the topic of several recent analyst reports. 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. 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. Barclays downgraded shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Finally, UBS Group restated a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, April 20th. One research analyst has rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company 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.