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

Advisors Preferred LLC bought a new position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 35,903 shares of the bank’s stock, valued at approximately $778,000.

A number of other hedge funds have also modified their holdings of BBVA. Savvy Advisors Inc. lifted its stake in Banco Bilbao Viscaya Argentaria by 2.9% in the 4th quarter. Savvy Advisors Inc. now owns 15,062 shares of the bank’s stock worth $351,000 after purchasing an additional 418 shares in the last quarter. Root Financial Partners LLC grew its position in shares of 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 valued at $27,000 after purchasing an additional 426 shares in the last quarter. Seeds Investor LLC increased its holdings in shares of Banco Bilbao Viscaya Argentaria by 3.0% in the fourth quarter. Seeds Investor LLC now owns 15,003 shares of the bank’s stock valued at $350,000 after purchasing an additional 439 shares during the last quarter. TD Waterhouse Canada Inc. increased its holdings in shares of Banco Bilbao Viscaya Argentaria by 50.9% in 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 lifted its position in 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 buying an additional 456 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BBVA has been the topic of a number of recent research reports. Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. UBS Group reaffirmed a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, April 20th. Barclays cut shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 15th. Finally, Weiss Ratings lowered shares of Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Banco Bilbao Viscaya Argentaria has a consensus rating of “Hold”.

Banco Bilbao Viscaya Argentaria Stock Up 1.1%

NYSE:BBVA opened at $25.67 on Wednesday. Banco Bilbao Viscaya Argentaria S.A. has a 52 week low of $14.63 and a 52 week high of $26.40. The stock’s fifty day moving average is $23.59 and its two-hundred day moving average is $23.20. The company has a market capitalization of $146.55 billion, a P/E ratio of 12.22, a P/E/G ratio of 0.63 and a beta of 0.80.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last released its quarterly earnings results on Tuesday, March 31st. The bank reported $0.59 earnings per share for the quarter. The business had revenue of $12.33 billion during the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 17.65% and a net margin of 28.21%. Sell-side analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 2.38 earnings per share for the current fiscal year.

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.