Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 210,516 shares of the bank's stock, valued at approximately $2,046,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC raised its position in shares of Banco Bilbao Vizcaya Argentaria by 19.7% during the fourth quarter. GAMMA Investing LLC now owns 10,866 shares of the bank's stock worth $106,000 after acquiring an additional 1,792 shares during the last quarter. Cerity Partners LLC raised its position in shares of Banco Bilbao Vizcaya Argentaria by 37.3% during the third quarter. Cerity Partners LLC now owns 393,458 shares of the bank's stock worth $4,265,000 after acquiring an additional 106,869 shares during the last quarter. Savant Capital LLC increased its holdings in Banco Bilbao Vizcaya Argentaria by 10.0% in the fourth quarter. Savant Capital LLC now owns 47,217 shares of the bank's stock valued at $459,000 after purchasing an additional 4,302 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Banco Bilbao Vizcaya Argentaria by 21.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 377,530 shares of the bank's stock valued at $4,092,000 after purchasing an additional 65,852 shares during the last quarter. Finally, HB Wealth Management LLC bought a new stake in Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at about $124,000. Institutional investors own 2.96% of the company's stock.
Wall Street Analysts Forecast Growth
BBVA has been the subject of a number of recent analyst reports. Kepler Capital Markets upgraded Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a report on Thursday, February 27th. StockNews.com downgraded Banco Bilbao Vizcaya Argentaria from a "buy" rating to a "hold" rating in a report on Saturday, March 15th. Finally, Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "strong-buy" rating in a report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have given a strong buy rating to the company. According to data from MarketBeat, Banco Bilbao Vizcaya Argentaria presently has a consensus rating of "Moderate Buy".
View Our Latest Analysis on BBVA
Banco Bilbao Vizcaya Argentaria Trading Down 0.2 %
Shares of Banco Bilbao Vizcaya Argentaria stock traded down $0.03 during trading hours on Friday, hitting $14.15. The company's stock had a trading volume of 2,862,020 shares, compared to its average volume of 1,785,480. Banco Bilbao Vizcaya Argentaria, S.A. has a 12 month low of $9.23 and a 12 month high of $14.84. The stock has a 50 day moving average of $12.51 and a 200 day moving average of $10.88. The company has a market capitalization of $82.58 billion, a PE ratio of 7.81, a price-to-earnings-growth ratio of 0.80 and a beta of 1.25. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 0.27.
Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. Analysts predict that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current year.
Banco Bilbao Vizcaya Argentaria Company Profile
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Free Report)
Banco Bilbao Vizcaya Argentaria, SA provides retail banking, wholesale banking, and asset management services in the United States, Spain, Mexico, Turkey, South America, and internationally. The company offers savings account, demand deposits, and time deposits; and loan products, such as residential mortgages, other households, credit card loans, loans to enterprises and public sector, as well as consumer finance.
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