Optas LLC Has $267,000 Stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Optas LLC lifted its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 26.3% during the fourth quarter, Holdings Channel reports. The fund owned 27,454 shares of the bank’s stock after buying an additional 5,716 shares during the quarter. Optas LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $267,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brooklyn Investment Group increased its stake in Banco Bilbao Vizcaya Argentaria by 120.7% in the fourth quarter. Brooklyn Investment Group now owns 3,540 shares of the bank’s stock valued at $34,000 after purchasing an additional 1,936 shares in the last quarter. Barclays PLC bought a new stake in Banco Bilbao Vizcaya Argentaria in the 3rd quarter valued at about $41,000. Versant Capital Management Inc acquired a new position in Banco Bilbao Vizcaya Argentaria during the 4th quarter worth approximately $54,000. Reston Wealth Management LLC bought a new position in Banco Bilbao Vizcaya Argentaria in the third quarter worth approximately $72,000. Finally, GAMMA Investing LLC grew its stake in Banco Bilbao Vizcaya Argentaria by 39.4% in the third quarter. GAMMA Investing LLC now owns 9,074 shares of the bank’s stock valued at $98,000 after acquiring an additional 2,563 shares during the period. 2.96% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on BBVA. Hsbc Global Res raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. StockNews.com raised shares of 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 issued a hold rating, one has issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of Banco Bilbao Vizcaya Argentaria stock opened at $11.40 on Wednesday. Banco Bilbao Vizcaya Argentaria, S.A. has a 52 week low of $9.23 and a 52 week high of $12.20. The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16. The business has a 50 day moving average price of $10.20 and a 200-day moving average price of $10.20. The company has a market cap of $66.52 billion, a PE ratio of 6.30, a price-to-earnings-growth ratio of 0.71 and a beta of 1.27.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. Equities analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Company 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.