Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Shares Purchased by Financial Advocates Investment Management

Financial Advocates Investment Management increased its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 18.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,406 shares of the bank’s stock after purchasing an additional 2,434 shares during the period. Financial Advocates Investment Management’s holdings in Banco Bilbao Vizcaya Argentaria were worth $150,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Brooklyn Investment Group raised its position in shares of Banco Bilbao Vizcaya Argentaria by 120.7% during the 4th quarter. Brooklyn Investment Group now owns 3,540 shares of the bank’s stock worth $34,000 after purchasing an additional 1,936 shares during the last quarter. Barclays PLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth approximately $41,000. Versant Capital Management Inc acquired a new position in shares of Banco Bilbao Vizcaya Argentaria during the 4th quarter worth approximately $54,000. Reston Wealth Management LLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth approximately $72,000. Finally, GAMMA Investing LLC raised its position in shares of Banco Bilbao Vizcaya Argentaria by 39.4% during 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 during the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note 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 research analyst has rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Down 1.2 %

BBVA stock opened at $11.87 on Tuesday. The stock has a market capitalization of $69.27 billion, a P/E ratio of 6.56, a PEG ratio of 0.76 and a beta of 1.27. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01. Banco Bilbao Vizcaya Argentaria, S.A. has a one year low of $9.23 and a one year high of $12.20. The company has a 50 day moving average price of $10.39 and a two-hundred day moving average price of $10.23.

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 the consensus estimate 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%. As a group, sell-side analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current 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.