Capital International Investors Decreases Stock Position in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Capital International Investors cut its position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 1.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,541,165 shares of the bank’s stock after selling 75,454 shares during the quarter. Capital International Investors owned 0.11% of Banco Bilbao Viscaya Argentaria worth $153,390,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in BBVA. Bank of America Corp DE boosted its stake in shares of Banco Bilbao Viscaya Argentaria by 28.0% in 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 purchasing an additional 2,034,318 shares during the period. American Century Companies Inc. raised its holdings in Banco Bilbao Viscaya Argentaria by 23.4% in the third quarter. American Century Companies Inc. now owns 3,248,176 shares of the bank’s stock valued at $62,527,000 after acquiring an additional 615,985 shares in the last quarter. Millennium Management LLC raised its holdings in Banco Bilbao Viscaya Argentaria by 373.4% in the third quarter. Millennium Management LLC now owns 768,243 shares of the bank’s stock valued at $14,789,000 after acquiring an additional 605,947 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in Banco Bilbao Viscaya Argentaria by 53.2% in the third quarter. BNP Paribas Financial Markets now owns 1,089,572 shares of the bank’s stock valued at $20,974,000 after acquiring an additional 378,554 shares in the last quarter. Finally, Norges Bank acquired a new stake in Banco Bilbao Viscaya Argentaria in the fourth quarter valued at $7,692,000. 2.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Banco Bilbao Viscaya Argentaria Stock Up 0.6%

BBVA stock opened at $22.35 on Tuesday. The company has a market capitalization of $127.58 billion, a P/E ratio of 10.64, a PEG ratio of 0.58 and a beta of 0.81. The company has a 50-day simple moving average of $22.36 and a 200 day simple moving average of $22.72. Banco Bilbao Viscaya Argentaria S.A. has a fifty-two week low of $14.63 and a fifty-two 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 for the quarter. Banco Bilbao Viscaya Argentaria had a net margin of 28.21% and a return on equity of 17.65%. The business had revenue of $12.33 billion during the quarter. Equities analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 2.26 EPS for the current 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.