Banco Bilbao Viscaya Argentaria S.A. (BBVA) Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 2.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,657,342 shares of the bank’s stock after acquiring an additional 35,330 shares during the period. Envestnet Asset Management Inc.’s holdings in Banco Bilbao Viscaya Argentaria were worth $14,786,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Brown Advisory Inc. raised its position in shares of Banco Bilbao Viscaya Argentaria by 120.7% during the third quarter. Brown Advisory Inc. now owns 39,430 shares of the bank’s stock valued at $352,000 after buying an additional 21,566 shares during the last quarter. Dorsey & Whitney Trust CO LLC raised its position in shares of Banco Bilbao Viscaya Argentaria by 27.7% during the third quarter. Dorsey & Whitney Trust CO LLC now owns 49,709 shares of the bank’s stock valued at $443,000 after buying an additional 10,796 shares during the last quarter. Finally, Harding Loevner LP raised its position in shares of Banco Bilbao Viscaya Argentaria by 718.0% during the third quarter. Harding Loevner LP now owns 224,278,507 shares of the bank’s stock valued at $58,375,000 after buying an additional 196,859,082 shares during the last quarter. 3.18% of the stock is owned by hedge funds and other institutional investors.

BBVA has been the subject of a number of research analyst reports. ValuEngine lowered shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. BidaskClub lowered shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Monday, August 14th. Finally, Zacks Investment Research raised shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a research report on Monday, August 28th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $9.75.

Shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE BBVA) opened at $8.46 on Wednesday. The firm has a market cap of $55,750.56, a PE ratio of 13.06, a P/E/G ratio of 1.21 and a beta of 0.95. Banco Bilbao Viscaya Argentaria S.A. has a 52 week low of $6.34 and a 52 week high of $9.35. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.05 and a quick ratio of 1.05.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its earnings results on Friday, October 27th. The bank reported $0.19 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.19. The business had revenue of $7.27 billion for the quarter. Banco Bilbao Viscaya Argentaria had a net margin of 16.46% and a return on equity of 7.49%. equities analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 0.76 EPS for the current year.

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Banco Bilbao Viscaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA (BBVA) is a diversified financial company engaged in retail banking, wholesale banking, asset management and private banking. Its segments include Banking Activity in Spain, Real Estate Activity in Spain, the United States Turkey, Mexico, South America and Rest of Eurasia.

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

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