Arrowstreet Capital Limited Partnership Has $120.58 Million Stock Holdings in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Arrowstreet Capital Limited Partnership decreased its holdings in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 29.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,172,684 shares of the bank’s stock after selling 2,173,153 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Banco Bilbao Viscaya Argentaria were worth $120,575,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. AQR Capital Management LLC lifted its position in shares of 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 buying an additional 63,880 shares during the period. Jane Street Group LLC lifted 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 during the period. Focus Partners Wealth boosted its stake in shares of Banco Bilbao Viscaya Argentaria by 4.3% in the 1st quarter. Focus Partners Wealth now owns 17,923 shares of the bank’s stock valued at $244,000 after purchasing an additional 732 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Banco Bilbao Viscaya Argentaria by 9.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 24,063 shares of the bank’s stock valued at $370,000 after purchasing an additional 2,090 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 44.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 72,881 shares of the bank’s stock worth $1,120,000 after purchasing an additional 22,284 shares during the last quarter. 2.96% of the stock is currently owned by institutional investors.

Banco Bilbao Viscaya Argentaria Stock Up 2.0%

Shares of NYSE:BBVA opened at $23.80 on Tuesday. The firm has a market cap of $135.88 billion, a P/E ratio of 11.33, a P/E/G ratio of 0.58 and a beta of 0.81. Banco Bilbao Viscaya Argentaria S.A. has a 12 month low of $14.63 and a 12 month high of $26.20. The company’s 50-day moving average price is $22.53 and its two-hundred day moving average price is $22.80.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its 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 during the quarter. As a group, equities analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 2.38 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on BBVA. UBS Group reissued a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, April 20th. Zacks Research cut shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 10th. Barclays lowered shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Wall Street Zen downgraded Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Weiss Ratings lowered Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. 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.com, Banco Bilbao Viscaya Argentaria presently has an average rating of “Hold”.

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.