Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Shares Purchased by Raymond James & Associates

Raymond James & Associates grew its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 266.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 406,418 shares of the bank's stock after buying an additional 295,378 shares during the quarter. Raymond James & Associates' holdings in Banco Bilbao Vizcaya Argentaria were worth $4,076,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in BBVA. CWM LLC increased its position in shares of Banco Bilbao Vizcaya Argentaria by 15.9% during the fourth quarter. CWM LLC now owns 12,676 shares of the bank's stock worth $115,000 after purchasing an additional 1,743 shares in the last quarter. GAMMA Investing LLC purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter worth approximately $44,000. Truist Financial Corp increased its position in shares of Banco Bilbao Vizcaya Argentaria by 1.0% during the fourth quarter. Truist Financial Corp now owns 370,927 shares of the bank's stock worth $3,379,000 after purchasing an additional 3,549 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of Banco Bilbao Vizcaya Argentaria by 139.8% during the fourth quarter. Russell Investments Group Ltd. now owns 3,906 shares of the bank's stock worth $36,000 after purchasing an additional 2,277 shares in the last quarter. Finally, Certuity LLC purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter worth approximately $123,000. 2.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Royal Bank of Canada upgraded Banco Bilbao Vizcaya Argentaria to a "moderate buy" rating in a research report on Wednesday, July 31st. BNP Paribas cut Banco Bilbao Vizcaya Argentaria from a "neutral" rating to an "underperform" rating in a report on Wednesday, June 12th. Finally, Citigroup upgraded Banco Bilbao Vizcaya Argentaria to a "strong-buy" rating in a report on Friday, August 9th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Trading Up 0.9 %

NYSE:BBVA traded up $0.09 during trading hours on Friday, hitting $10.65. The company had a trading volume of 936,265 shares, compared to its average volume of 1,499,307. The company has a 50-day moving average of $10.34 and a 200 day moving average of $10.61. The company has a market cap of $62.17 billion, a P/E ratio of 7.24, a P/E/G ratio of 1.00 and a beta of 1.32. Banco Bilbao Vizcaya Argentaria, S.A. has a 1 year low of $7.41 and a 1 year high of $12.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last announced its quarterly earnings results on Thursday, August 1st. The bank reported $0.51 EPS for the quarter, beating the consensus estimate of $0.48 by $0.03. Banco Bilbao Vizcaya Argentaria had a return on equity of 22.05% and a net margin of 27.55%. The business had revenue of $9.93 billion for the quarter. During the same period last year, the company earned $0.36 EPS. On average, analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.65 earnings per share for the current year.

Banco Bilbao Vizcaya Argentaria Profile

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.