Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Shares Bought by IFP Advisors Inc

IFP Advisors Inc lifted its position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 20.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,420 shares of the bank’s stock after buying an additional 930 shares during the period. IFP Advisors Inc’s holdings in Banco Bilbao Vizcaya Argentaria were worth $53,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in BBVA. Brooklyn Investment Group raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 120.7% in 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 period. Avion Wealth purchased a new position in Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at approximately $39,000. Barclays PLC purchased a new position in Banco Bilbao Vizcaya Argentaria in the third quarter valued at approximately $41,000. Sierra Ocean LLC acquired a new position in Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at approximately $49,000. Finally, Versant Capital Management Inc purchased a new stake in Banco Bilbao Vizcaya Argentaria during the fourth quarter worth approximately $54,000. 2.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently 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 report on Thursday, February 27th. Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. Finally, StockNews.com lowered Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Banco Bilbao Vizcaya Argentaria presently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

Banco Bilbao Vizcaya Argentaria stock opened at $13.90 on Friday. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 0.27. The firm’s fifty day moving average price is $11.57 and its 200 day moving average price is $10.60. The company has a market capitalization of $81.14 billion, a price-to-earnings ratio of 7.68, a price-to-earnings-growth ratio of 0.80 and a beta of 1.25. Banco Bilbao Vizcaya Argentaria, S.A. has a 12-month low of $9.23 and a 12-month high of $14.26.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share for the quarter, topping 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%. On average, research analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current fiscal 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.