Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) Shares Bought by Wells Fargo & Company MN

Wells Fargo & Company MN lifted its position in shares of Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) by 0.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 783,145 shares of the bank’s stock after buying an additional 2,422 shares during the quarter. Wells Fargo & Company MN’s holdings in Banco Bilbao Vizcaya Argentaria were worth $4,354,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Evolution Wealth Advisors LLC bought a new stake in Banco Bilbao Vizcaya Argentaria in the 2nd quarter valued at about $25,000. PNC Financial Services Group Inc. grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 4.3% in the first quarter. PNC Financial Services Group Inc. now owns 354,838 shares of the bank’s stock worth $2,033,000 after acquiring an additional 14,619 shares during the period. Signaturefd LLC grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 27.4% in the first quarter. Signaturefd LLC now owns 42,201 shares of the bank’s stock worth $242,000 after acquiring an additional 9,072 shares during the period. Cornerstone Advisors Inc. grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 173.7% in the first quarter. Cornerstone Advisors Inc. now owns 4,609 shares of the bank’s stock worth $26,000 after acquiring an additional 2,925 shares during the period. Finally, Keybank National Association OH grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 22.8% in the second quarter. Keybank National Association OH now owns 398,914 shares of the bank’s stock worth $2,218,000 after acquiring an additional 74,163 shares during the period. Institutional investors and hedge funds own 2.86% of the company’s stock.

NYSE:BBVA traded up $0.05 during mid-day trading on Friday, hitting $5.29. 53,075 shares of the company traded hands, compared to its average volume of 3,107,709. The stock’s fifty day moving average price is $4.92 and its 200-day moving average price is $5.56. Banco Bilbao Vizcaya Argentaria SA has a one year low of $4.62 and a one year high of $6.78. The firm has a market cap of $35.24 billion, a price-to-earnings ratio of 6.00, a price-to-earnings-growth ratio of 3.12 and a beta of 1.01.

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

Several analysts recently commented on BBVA shares. HSBC raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Thursday, August 22nd. Societe Generale lowered Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “sell” rating in a report on Wednesday, June 26th. ValuEngine lowered Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “strong sell” rating in a report on Wednesday, September 4th. Zacks Investment Research raised Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “hold” rating in a report on Monday, August 5th. Finally, Credit Suisse Group lowered Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a report on Wednesday, June 12th. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $6.75.

About Banco Bilbao Vizcaya Argentaria

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.

Read More: How to invest in blue-chip stocks

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 SA (NYSE:BBVA).

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.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit