Financial Advocates Investment Management Grows Stock Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Financial Advocates Investment Management increased its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 18.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,406 shares of the bank’s stock after buying an additional 2,434 shares during the quarter. Financial Advocates Investment Management’s holdings in Banco Bilbao Vizcaya Argentaria were worth $150,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. 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 buying an additional 1,100 shares during the last quarter. Chickasaw Capital Management LLC grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 2.6% during the fourth quarter. Chickasaw Capital Management LLC now owns 43,769 shares of the bank’s stock worth $425,000 after buying an additional 1,115 shares during the last quarter. Baron Wealth Management LLC grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 4.8% during the third quarter. Baron Wealth Management LLC now owns 25,236 shares of the bank’s stock worth $274,000 after buying an additional 1,166 shares during the last quarter. Perigon Wealth Management LLC grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 8.2% during the fourth quarter. Perigon Wealth Management LLC now owns 21,632 shares of the bank’s stock worth $231,000 after buying an additional 1,640 shares during the last quarter. Finally, Werba Rubin Papier Wealth Management grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 9.9% during the third quarter. Werba Rubin Papier Wealth Management now owns 18,726 shares of the bank’s stock worth $203,000 after buying an additional 1,689 shares during the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of NYSE:BBVA opened at $11.87 on Tuesday. The company has a 50-day moving average price of $10.39 and a 200 day moving average price of $10.23. Banco Bilbao Vizcaya Argentaria, S.A. has a 52 week low of $9.23 and a 52 week high of $12.20. The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16. The company has a market cap of $69.27 billion, a P/E ratio of 6.56, a PEG ratio of 0.76 and a beta of 1.27.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its quarterly earnings results 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%. Research analysts predict that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current year.

Analysts Set New Price Targets

BBVA has been the subject of a number of recent analyst reports. StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th. Hsbc Global Res upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Banco Bilbao Vizcaya Argentaria presently has a consensus rating of “Moderate Buy”.

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.