Connor Clark & Lunn Investment Management Ltd. Invests $2.05 Million in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 210,516 shares of the bank’s stock, valued at approximately $2,046,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at about $7,333,000. FMR LLC grew its holdings in Banco Bilbao Vizcaya Argentaria by 5.7% during the third quarter. FMR LLC now owns 6,370,344 shares of the bank’s stock valued at $69,055,000 after purchasing an additional 344,355 shares during the period. BNP Paribas Financial Markets raised its holdings in Banco Bilbao Vizcaya Argentaria by 190.0% in the third quarter. BNP Paribas Financial Markets now owns 364,371 shares of the bank’s stock worth $3,950,000 after purchasing an additional 238,712 shares during the period. Callan Family Office LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter worth $1,566,000. Finally, Orion Portfolio Solutions LLC grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 61.8% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 293,138 shares of the bank’s stock valued at $3,178,000 after buying an additional 111,937 shares during the period. Institutional investors own 2.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Hsbc Global Res raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. Kepler Capital Markets upgraded Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a report on Thursday, February 27th. Finally, StockNews.com cut Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Banco Bilbao Vizcaya Argentaria presently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of Banco Bilbao Vizcaya Argentaria stock opened at $14.83 on Wednesday. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 0.27. The firm has a market cap of $86.55 billion, a price-to-earnings ratio of 8.19, a price-to-earnings-growth ratio of 0.80 and a beta of 1.25. The stock’s 50-day moving average is $12.26 and its 200-day moving average is $10.80. Banco Bilbao Vizcaya Argentaria, S.A. has a one year low of $9.23 and a one year high of $14.84.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its earnings results on Tuesday, February 4th. The bank reported $0.44 EPS 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 predict that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share 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.