US Bancorp DE Decreases Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

US Bancorp DE cut its position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 10.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 848,623 shares of the bank's stock after selling 97,213 shares during the period. US Bancorp DE's holdings in Banco Bilbao Vizcaya Argentaria were worth $8,249,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. IFP Advisors Inc boosted its position in Banco Bilbao Vizcaya Argentaria by 20.7% in the 4th quarter. IFP Advisors Inc now owns 5,420 shares of the bank's stock valued at $53,000 after buying an additional 930 shares during the period. AdvisorNet Financial Inc boosted its position in Banco Bilbao Vizcaya Argentaria by 5.5% in the 4th quarter. AdvisorNet Financial Inc now owns 21,044 shares of the bank's stock valued at $205,000 after buying an additional 1,100 shares during the period. Chickasaw Capital Management LLC boosted its position in Banco Bilbao Vizcaya Argentaria by 2.6% in the 4th quarter. Chickasaw Capital Management LLC now owns 43,769 shares of the bank's stock valued at $425,000 after buying an additional 1,115 shares during the period. Baron Wealth Management LLC boosted its position in Banco Bilbao Vizcaya Argentaria by 4.8% in the 3rd quarter. Baron Wealth Management LLC now owns 25,236 shares of the bank's stock valued at $274,000 after buying an additional 1,166 shares during the period. Finally, Checchi Capital Advisers LLC lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 3.6% in the 4th quarter. Checchi Capital Advisers LLC now owns 38,717 shares of the bank's stock worth $376,000 after purchasing an additional 1,344 shares during the period. 2.96% of the stock is owned by hedge funds and other institutional investors.

Remove Ads

Analysts Set New Price Targets

BBVA has been the subject of several research reports. StockNews.com raised shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "buy" rating in a research report on Friday. Kepler Capital Markets raised shares of Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a research report on Thursday, February 27th. Finally, Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of NYSE:BBVA traded up $0.29 during midday trading on Friday, reaching $14.15. The company's stock had a trading volume of 7,071,351 shares, compared to its average volume of 2,461,508. The firm has a market capitalization of $82.58 billion, a PE ratio of 7.81, a P/E/G ratio of 0.80 and a beta of 1.25. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $9.23 and a twelve month high of $14.28. The stock has a fifty day moving average of $11.65 and a 200 day moving average of $10.62. The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a net margin of 28.10% and a return on equity of 17.49%. On average, equities analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current fiscal 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.