Ritholtz Wealth Management Sells 46,130 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

Ritholtz Wealth Management reduced its stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVAFree Report) by 9.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 455,207 shares of the bank’s stock after selling 46,130 shares during the quarter. Ritholtz Wealth Management’s holdings in Banco Bilbao Viscaya Argentaria were worth $9,860,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Savvy Advisors Inc. lifted its position in Banco Bilbao Viscaya Argentaria by 2.9% during the fourth quarter. Savvy Advisors Inc. now owns 15,062 shares of the bank’s stock worth $351,000 after purchasing an additional 418 shares during the period. Root Financial Partners LLC increased its holdings in Banco Bilbao Viscaya Argentaria by 59.6% in the 4th quarter. Root Financial Partners LLC now owns 1,141 shares of the bank’s stock valued at $27,000 after buying an additional 426 shares during the period. Seeds Investor LLC increased its holdings in Banco Bilbao Viscaya Argentaria by 3.0% in the 4th quarter. Seeds Investor LLC now owns 15,003 shares of the bank’s stock valued at $350,000 after buying an additional 439 shares during the period. TD Waterhouse Canada Inc. raised its position in shares of Banco Bilbao Viscaya Argentaria by 50.9% in the 4th quarter. TD Waterhouse Canada Inc. now owns 1,304 shares of the bank’s stock valued at $30,000 after buying an additional 440 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its position in shares of Banco Bilbao Viscaya Argentaria by 45.6% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,456 shares of the bank’s stock valued at $34,000 after buying an additional 456 shares in the last quarter. Institutional investors own 2.96% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Weiss Ratings lowered shares of Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Barclays downgraded shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 15th. Zacks Research downgraded Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, UBS Group reissued a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, April 20th. One investment analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold”.

View Our Latest Stock Analysis on BBVA

Banco Bilbao Viscaya Argentaria Trading Down 1.9%

BBVA opened at $24.13 on Thursday. The company has a market cap of $137.78 billion, a P/E ratio of 11.49, a PEG ratio of 0.61 and a beta of 0.81. The company’s 50 day moving average is $22.79 and its 200-day moving average is $22.94. Banco Bilbao Viscaya Argentaria S.A. has a 1-year low of $14.63 and a 1-year high of $26.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVAGet Free Report) last released its quarterly earnings data on Tuesday, March 31st. The bank reported $0.59 earnings per share (EPS) for the quarter. The business had revenue of $12.33 billion during the quarter. Banco Bilbao Viscaya Argentaria had a net margin of 28.21% and a return on equity of 17.65%. On average, equities analysts forecast that Banco Bilbao Viscaya Argentaria S.A. will post 2.38 EPS for the current year.

Banco Bilbao Viscaya Argentaria Profile

(Free Report)

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) is a Spanish multinational financial services group headquartered in Bilbao, Spain. The bank traces its roots to several historic regional banks and was formed through a series of mergers that consolidated its position as one of Spain’s largest banking groups. BBVA operates as a universal bank offering a broad range of financial services to retail, corporate and institutional clients.

BBVA’s core businesses include retail and commercial banking, corporate and investment banking, private banking and wealth management, asset management, and insurance.

Further Reading

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

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