Banco Bilbao Viscaya Argentaria S.A. $BBVA Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC cut its position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVAFree Report) by 31.1% during the first quarter, HoldingsChannel reports. The firm owned 151,479 shares of the bank’s stock after selling 68,426 shares during the quarter. NewEdge Advisors LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $3,281,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Basepoint Wealth LLC acquired a new position in shares of Banco Bilbao Viscaya Argentaria during the fourth quarter worth $26,000. Root Financial Partners LLC raised its stake in Banco Bilbao Viscaya Argentaria by 59.6% in the fourth 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 in the last quarter. Whipplewood Advisors LLC purchased a new stake in Banco Bilbao Viscaya Argentaria during the 1st quarter worth about $27,000. Harbour Investments Inc. lifted its holdings in Banco Bilbao Viscaya Argentaria by 84.1% during the 4th quarter. Harbour Investments Inc. now owns 1,259 shares of the bank’s stock worth $29,000 after buying an additional 575 shares during the last quarter. Finally, TD Waterhouse Canada Inc. boosted its position in shares of Banco Bilbao Viscaya Argentaria by 50.9% during the 4th quarter. TD Waterhouse Canada Inc. now owns 1,304 shares of the bank’s stock worth $30,000 after acquiring an additional 440 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of BBVA stock opened at $28.53 on Thursday. The company has a market cap of $162.88 billion, a price-to-earnings ratio of 12.97, a price-to-earnings-growth ratio of 0.76 and a beta of 0.80. The stock has a 50 day simple moving average of $25.46 and a 200-day simple moving average of $23.65. Banco Bilbao Viscaya Argentaria S.A. has a 12-month low of $17.77 and a 12-month high of $28.74. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.77.

Banco Bilbao Viscaya Argentaria (NYSE:BBVAGet Free Report) last posted its quarterly earnings results on Tuesday, June 30th. The bank reported $0.62 earnings per share for the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 18.05% and a net margin of 27.75%.The firm had revenue of $11.99 billion for the quarter. On average, equities analysts forecast that Banco Bilbao Viscaya Argentaria S.A. will post 2.37 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have issued reports on BBVA shares. Bank of America downgraded shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 15th. Wall Street Zen raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. UBS Group restated a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, April 20th. Weiss Ratings reiterated a “buy (b)” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Friday, July 31st. Finally, Barclays cut shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. One equities research analyst has rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Check Out Our Latest Analysis on BBVA

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.

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

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