Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Position Cut by JBF Capital Inc.

JBF Capital Inc. lowered its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVAGet Rating) by 18.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,000 shares of the bank’s stock after selling 10,000 shares during the period. JBF Capital Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $256,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Freestone Capital Holdings LLC lifted its holdings in Banco Bilbao Vizcaya Argentaria by 40.3% in the first quarter. Freestone Capital Holdings LLC now owns 120,960 shares of the bank’s stock worth $688,000 after purchasing an additional 34,749 shares during the period. Avestar Capital LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 9.5% in the 1st quarter. Avestar Capital LLC now owns 31,756 shares of the bank’s stock worth $181,000 after purchasing an additional 2,750 shares in the last quarter. Endowment Wealth Management Inc. acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at approximately $60,000. Advisor Partners LLC lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 24.1% in the first quarter. Advisor Partners LLC now owns 107,395 shares of the bank’s stock valued at $611,000 after purchasing an additional 20,844 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its position in Banco Bilbao Vizcaya Argentaria by 11.6% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 32,461 shares of the bank’s stock worth $191,000 after acquiring an additional 3,362 shares during the period. Institutional investors own 2.60% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Stock Up 5.2 %

Shares of NYSE:BBVA opened at $4.84 on Friday. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a market cap of $30.91 billion, a price-to-earnings ratio of 4.79 and a beta of 1.36. The company has a 50 day moving average of $4.48 and a 200-day moving average of $4.98. Banco Bilbao Vizcaya Argentaria, S.A. has a one year low of $3.93 and a one year high of $7.26.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVAGet Rating) last released its earnings results on Friday, July 29th. The bank reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.18. The firm had revenue of $6.49 billion during the quarter, compared to analyst estimates of $5.27 billion. Banco Bilbao Vizcaya Argentaria had a net margin of 26.49% and a return on equity of 12.60%. On average, sell-side analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 0.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

BBVA has been the subject of several analyst reports. JPMorgan Chase & Co. reduced their price objective on shares of Banco Bilbao Vizcaya Argentaria from €6.00 ($6.12) to €5.80 ($5.92) in a research note on Thursday, June 9th. StockNews.com downgraded shares of Banco Bilbao Vizcaya Argentaria from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 30th. Royal Bank of Canada decreased their price target on shares of Banco Bilbao Vizcaya Argentaria from €6.40 ($6.53) to €6.00 ($6.12) in a report on Wednesday, July 6th. Finally, UBS Group decreased their target price on Banco Bilbao Vizcaya Argentaria from €6.65 ($6.79) to €6.60 ($6.73) and set a “buy” rating for the company in a research note on Friday, July 15th. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $6.22.

Banco Bilbao Vizcaya Argentaria Company Profile

(Get Rating)

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail banking, wholesale banking, and asset management services. It offers current accounts; and demand, savings, overnight, time, term, and subordinated deposits. The company also provides loan products; deals in securities; and manages pension and investment funds.

Featured Articles

Want to see what other hedge funds are holding BBVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVAGet Rating).

Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria (NYSE:BBVA)

Receive News & Ratings for Banco Bilbao Vizcaya Argentaria Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Bilbao Vizcaya Argentaria and related companies with MarketBeat.com's FREE daily email newsletter.