Brooklyn Investment Group Raises Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Brooklyn Investment Group boosted its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 120.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 3,540 shares of the bank’s stock after buying an additional 1,936 shares during the quarter. Brooklyn Investment Group’s holdings in Banco Bilbao Vizcaya Argentaria were worth $34,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Barclays PLC purchased a new position in shares of Banco Bilbao Vizcaya Argentaria during the third quarter worth about $41,000. Benjamin F. Edwards & Company Inc. grew its stake in Banco Bilbao Vizcaya Argentaria by 67.8% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank’s stock worth $49,000 after buying an additional 1,990 shares in the last quarter. Versant Capital Management Inc purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 4th quarter valued at $54,000. Reston Wealth Management LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth $72,000. Finally, GAMMA Investing LLC boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 39.4% in the 3rd quarter. GAMMA Investing LLC now owns 9,074 shares of the bank’s stock worth $98,000 after purchasing an additional 2,563 shares in the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Price Performance

NYSE:BBVA opened at $10.69 on Monday. The company’s 50-day simple moving average is $9.86 and its 200 day simple moving average is $10.15. Banco Bilbao Vizcaya Argentaria, S.A. has a one year low of $8.63 and a one year high of $12.20. The firm has a market capitalization of $62.38 billion, a P/E ratio of 6.14, a PEG ratio of 1.05 and a beta of 1.27.

Analysts Set New Price Targets

Separately, StockNews.com raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

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.