Whittier Trust Co. Buys 48,765 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Whittier Trust Co. raised its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 52.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 141,611 shares of the bank’s stock after acquiring an additional 48,765 shares during the period. Whittier Trust Co.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $1,376,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. IFP Advisors Inc boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 20.7% in the 4th quarter. IFP Advisors Inc now owns 5,420 shares of the bank’s stock worth $53,000 after acquiring an additional 930 shares in the last quarter. AdvisorNet Financial Inc grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 5.5% during the fourth quarter. AdvisorNet Financial Inc now owns 21,044 shares of the bank’s stock worth $205,000 after purchasing an additional 1,100 shares during the last quarter. Chickasaw Capital Management LLC increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 2.6% in the fourth quarter. Chickasaw Capital Management LLC now owns 43,769 shares of the bank’s stock valued at $425,000 after buying an additional 1,115 shares in the last quarter. Checchi Capital Advisers LLC raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 3.6% in the fourth quarter. Checchi Capital Advisers LLC now owns 38,717 shares of the bank’s stock valued at $376,000 after buying an additional 1,344 shares during the last quarter. Finally, Gallacher Capital Management LLC lifted its position in Banco Bilbao Vizcaya Argentaria by 2.7% during the 4th quarter. Gallacher Capital Management LLC now owns 53,581 shares of the bank’s stock worth $521,000 after buying an additional 1,402 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research report on Thursday, February 27th. StockNews.com cut shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, March 15th. Finally, Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

Banco Bilbao Vizcaya Argentaria stock opened at $14.15 on Friday. Banco Bilbao Vizcaya Argentaria, S.A. has a 1 year low of $9.23 and a 1 year high of $14.84. The company’s 50-day moving average is $12.51 and its two-hundred day moving average is $10.88. The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16. The company has a market cap of $82.58 billion, a PE ratio of 7.81, a PEG ratio of 0.80 and a beta of 1.25.

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

About Banco Bilbao Vizcaya Argentaria

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.