Arrowstreet Capital Limited Partnership Has $60.99 Million Stake in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Arrowstreet Capital Limited Partnership reduced its holdings in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 45.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,815,915 shares of the bank’s stock after selling 2,356,769 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Banco Bilbao Viscaya Argentaria were worth $60,993,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in BBVA. Barclays PLC lifted its stake in Banco Bilbao Viscaya Argentaria by 1,819.7% in the fourth quarter. Barclays PLC now owns 3,616,734 shares of the bank’s stock valued at $84,306,000 after acquiring an additional 3,428,336 shares during the last quarter. Bank of America Corp DE raised its position in shares of Banco Bilbao Viscaya Argentaria by 28.0% during the second quarter. Bank of America Corp DE now owns 9,288,196 shares of the bank’s stock valued at $142,760,000 after buying an additional 2,034,318 shares during the last quarter. Millennium Management LLC lifted its position in shares of Banco Bilbao Viscaya Argentaria by 373.4% in the 3rd quarter. Millennium Management LLC now owns 768,243 shares of the bank’s stock worth $14,789,000 after acquiring an additional 605,947 shares during the period. Tudor Investment Corp ET AL boosted its stake in Banco Bilbao Viscaya Argentaria by 532.8% during the fourth quarter. Tudor Investment Corp ET AL now owns 536,417 shares of the bank’s stock worth $12,504,000 after buying an additional 451,650 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in Banco Bilbao Viscaya Argentaria by 42.1% in the fourth quarter. Royal Bank of Canada now owns 1,481,671 shares of the bank’s stock valued at $34,539,000 after acquiring an additional 439,098 shares during the period. Institutional investors and hedge funds own 2.96% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on BBVA. Bank of America cut shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 15th. UBS Group reissued a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, April 20th. Barclays lowered shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings cut shares of Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Banco Bilbao Viscaya Argentaria Stock Performance

NYSE BBVA opened at $26.55 on Tuesday. Banco Bilbao Viscaya Argentaria S.A. has a 52-week low of $15.23 and a 52-week high of $26.59. The stock has a market cap of $151.57 billion, a PE ratio of 12.64, a P/E/G ratio of 0.73 and a beta of 0.80. The firm has a 50-day moving average of $24.26 and a 200-day moving average of $23.34.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its quarterly earnings data 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 net margin of 28.21% and a return on equity of 17.65%. As a group, analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 2.35 EPS for the current fiscal year.

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.