Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) Shares Purchased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) by 19.5% during the 2nd quarter, Holdings Channel reports. The fund owned 42,629 shares of the bank’s stock after acquiring an additional 6,959 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $237,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Avestar Capital LLC boosted its stake in Banco Bilbao Vizcaya Argentaria by 9.8% during the 1st quarter. Avestar Capital LLC now owns 22,515 shares of the bank’s stock valued at $110,000 after purchasing an additional 2,001 shares in the last quarter. Eagle Asset Management Inc. boosted its stake in Banco Bilbao Vizcaya Argentaria by 8.1% during the 1st quarter. Eagle Asset Management Inc. now owns 27,372 shares of the bank’s stock valued at $156,000 after purchasing an additional 2,048 shares in the last quarter. Lindbrook Capital LLC boosted its stake in Banco Bilbao Vizcaya Argentaria by 30.8% during the 2nd quarter. Lindbrook Capital LLC now owns 9,146 shares of the bank’s stock valued at $50,000 after purchasing an additional 2,156 shares in the last quarter. South Texas Money Management Ltd. boosted its stake in Banco Bilbao Vizcaya Argentaria by 26.6% during the 2nd quarter. South Texas Money Management Ltd. now owns 12,830 shares of the bank’s stock valued at $71,000 after purchasing an additional 2,697 shares in the last quarter. Finally, Aureus Asset Management LLC boosted its stake in Banco Bilbao Vizcaya Argentaria by 27.2% during the 1st quarter. Aureus Asset Management LLC now owns 12,877 shares of the bank’s stock valued at $74,000 after purchasing an additional 2,757 shares in the last quarter. Hedge funds and other institutional investors own 2.64% of the company’s stock.

A number of brokerages have issued reports on BBVA. Credit Suisse Group lowered Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research note on Wednesday, June 12th. Societe Generale lowered Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “sell” rating in a research note on Wednesday, June 26th. ValuEngine raised Banco Bilbao Vizcaya Argentaria from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 1st. Finally, Zacks Investment Research raised Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “hold” rating in a research note on Monday, August 5th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $6.75.

Shares of BBVA traded down $0.11 during trading hours on Wednesday, hitting $4.74. 140,962 shares of the company were exchanged, compared to its average volume of 3,600,307. The company has a market capitalization of $31.64 billion, a P/E ratio of 5.38, a PEG ratio of 2.95 and a beta of 0.98. The business’s fifty day moving average is $5.34. Banco Bilbao Vizcaya Argentaria SA has a one year low of $4.75 and a one year high of $6.78.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Wednesday, July 31st. The bank reported $0.19 earnings per share for the quarter. The business had revenue of $6.65 billion during the quarter, compared to analyst estimates of $6.58 billion. Banco Bilbao Vizcaya Argentaria had a return on equity of 9.62% and a net margin of 23.08%. On average, analysts anticipate that Banco Bilbao Vizcaya Argentaria SA will post 0.72 EPS for the current year.

Banco Bilbao Vizcaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. The company accepts various deposits, such as current and savings accounts, term deposits, subordinated deposits, and other accounts. It also offers loan products; and foreclosed real-estate assets from residential mortgages and developers, as well as lending to developers.

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

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