Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) Shares Bought by Avestar Capital LLC

Avestar Capital LLC raised its holdings in Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) by 86.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,920 shares of the bank’s stock after purchasing an additional 14,370 shares during the period. Avestar Capital LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $105,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Pitcairn Co. raised its position in shares of Banco Bilbao Vizcaya Argentaria by 17.8% during the 2nd quarter. Pitcairn Co. now owns 79,589 shares of the bank’s stock valued at $271,000 after acquiring an additional 12,026 shares in the last quarter. JustInvest LLC boosted its stake in Banco Bilbao Vizcaya Argentaria by 52.4% during the second quarter. JustInvest LLC now owns 35,132 shares of the bank’s stock valued at $119,000 after buying an additional 12,073 shares in the last quarter. Lindbrook Capital LLC boosted its stake in Banco Bilbao Vizcaya Argentaria by 40.7% during the second quarter. Lindbrook Capital LLC now owns 10,538 shares of the bank’s stock valued at $36,000 after buying an additional 3,048 shares in the last quarter. St. Johns Investment Management Company LLC boosted its stake in Banco Bilbao Vizcaya Argentaria by 5.0% during the second quarter. St. Johns Investment Management Company LLC now owns 83,225 shares of the bank’s stock valued at $283,000 after buying an additional 4,000 shares in the last quarter. Finally, Scout Investments Inc. boosted its stake in Banco Bilbao Vizcaya Argentaria by 19.5% during the second quarter. Scout Investments Inc. now owns 963,391 shares of the bank’s stock valued at $3,276,000 after buying an additional 157,452 shares in the last quarter. 2.22% of the stock is currently owned by institutional investors.

BBVA opened at $3.07 on Friday. Banco Bilbao Vizcaya Argentaria SA has a fifty-two week low of $2.64 and a fifty-two week high of $5.80. The business has a 50-day moving average of $3.49 and a 200-day moving average of $3.83. The company has a market capitalization of $21.27 billion, a PE ratio of 5.41 and a beta of 1.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its quarterly earnings results on Thursday, April 30th. The bank reported $0.03 earnings per share for the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 7.36% and a net margin of 2.39%. The company had revenue of $6.41 billion during the quarter. Equities analysts forecast that Banco Bilbao Vizcaya Argentaria SA will post 0.07 earnings per share for the current year.

BBVA has been the subject of several analyst reports. Royal Bank of Canada reaffirmed an “outperform” rating on shares of Banco Bilbao Vizcaya Argentaria in a report on Monday, May 4th. Deutsche Bank reissued a “buy” rating on shares of Banco Bilbao Vizcaya Argentaria in a research note on Thursday, April 23rd. JPMorgan Chase & Co. downgraded Banco Bilbao Vizcaya Argentaria from an “overweight” rating to a “neutral” rating in a research note on Thursday, May 7th. HSBC downgraded Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Finally, UBS Group reissued a “neutral” rating on shares of Banco Bilbao Vizcaya Argentaria in a research note on Friday. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company’s stock. Banco Bilbao Vizcaya Argentaria presently has a consensus rating of “Hold” and an average price target of $3.25.

Banco Bilbao Vizcaya Argentaria Profile

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. The company accepts various deposits, such as current and savings accounts, term deposits, subordinated deposits, and other accounts. It also offers loan products; and foreclosed real-estate assets from residential mortgages and developers, as well as lending to developers.

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Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria (NYSE:BBVA)

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