Park Avenue Securities LLC Acquires 42,674 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Park Avenue Securities LLC grew its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 21.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 241,672 shares of the bank's stock after acquiring an additional 42,674 shares during the quarter. Park Avenue Securities LLC's holdings in Banco Bilbao Vizcaya Argentaria were worth $2,349,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Rhumbline Advisers lifted its holdings in Banco Bilbao Vizcaya Argentaria by 3.8% in the second quarter. Rhumbline Advisers now owns 112,172 shares of the bank's stock worth $1,125,000 after purchasing an additional 4,149 shares during the period. American Century Companies Inc. raised its position in shares of Banco Bilbao Vizcaya Argentaria by 24.2% during the 2nd quarter. American Century Companies Inc. now owns 1,890,079 shares of the bank's stock worth $18,957,000 after buying an additional 368,660 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 9.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,412,058 shares of the bank's stock worth $44,253,000 after acquiring an additional 396,829 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 5.9% in the second quarter. Dimensional Fund Advisors LP now owns 11,103,927 shares of the bank's stock valued at $111,371,000 after acquiring an additional 619,836 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 1.0% during the second quarter. Mercer Global Advisors Inc. ADV now owns 679,178 shares of the bank's stock valued at $6,812,000 after acquiring an additional 6,775 shares during the period. Institutional investors own 2.96% of the company's stock.

Banco Bilbao Vizcaya Argentaria Stock Performance

BBVA traded down $0.01 during trading on Friday, reaching $10.69. The company had a trading volume of 2,395,193 shares, compared to its average volume of 1,341,161. The firm's 50-day simple moving average is $9.86 and its 200 day simple moving average is $10.15. Banco Bilbao Vizcaya Argentaria, S.A. has a 12-month low of $8.63 and a 12-month high of $12.20. The company has a market cap of $62.38 billion, a price-to-earnings ratio of 6.14, a PEG ratio of 1.05 and a beta of 1.27.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "buy" rating in a research note on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria currently has an average rating of "Moderate Buy".

About Banco Bilbao Vizcaya Argentaria

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.