Boston Common Asset Management LLC Acquires Shares of 158,827 Banco Bilbao Viscaya Argentaria S.A. $BBVA

Boston Common Asset Management LLC acquired a new stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 158,827 shares of the bank’s stock, valued at approximately $3,440,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE increased its position in shares of Banco Bilbao Viscaya Argentaria by 28.0% during the 2nd 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 last quarter. Barclays PLC lifted its position 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 worth $84,306,000 after buying an additional 3,428,336 shares during the last quarter. Royal Bank of Canada lifted its position 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 worth $34,539,000 after buying an additional 439,098 shares during the last quarter. Raymond James Financial Inc. boosted its stake in Banco Bilbao Viscaya Argentaria by 36.8% during the second quarter. Raymond James Financial Inc. now owns 1,212,776 shares of the bank’s stock worth $18,640,000 after buying an additional 326,367 shares during the period. Finally, BNP Paribas Financial Markets boosted its stake in Banco Bilbao Viscaya Argentaria by 53.2% during the third quarter. BNP Paribas Financial Markets now owns 1,089,572 shares of the bank’s stock worth $20,974,000 after buying an additional 378,554 shares during the period. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Analysts Set New Price Targets

BBVA has been the topic of several recent analyst reports. UBS Group reissued a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, April 20th. 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. 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. Wall Street Zen lowered shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Barclays downgraded shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Banco Bilbao Viscaya Argentaria Stock Up 0.2%

Shares of Banco Bilbao Viscaya Argentaria stock opened at $25.19 on Monday. The stock’s fifty day moving average is $23.79 and its two-hundred day moving average is $23.25. The company has a market capitalization of $143.80 billion, a PE ratio of 11.99, a price-to-earnings-growth ratio of 0.71 and a beta of 0.80. Banco Bilbao Viscaya Argentaria S.A. has a 52 week low of $14.63 and a 52 week high of $26.40.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last released its earnings results on Tuesday, March 31st. The bank reported $0.59 earnings per share for the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 17.65% and a net margin of 28.21%.The business had revenue of $12.33 billion for the quarter. As a group, research analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 2.35 earnings per share for the current 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.