140,432 Shares in Banco Bilbao Viscaya Argentaria S.A. $BBVA Acquired by Vise Technologies Inc.

Vise Technologies Inc. bought a new position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 140,432 shares of the bank’s stock, valued at approximately $3,273,000.

Other hedge funds have also added to or reduced their stakes in the company. Archford Capital Strategies LLC acquired a new stake in Banco Bilbao Viscaya Argentaria during the 4th quarter worth approximately $3,286,000. JPMorgan Chase & Co. boosted its position in Banco Bilbao Viscaya Argentaria by 6.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,846,150 shares of the bank’s stock worth $93,288,000 after buying an additional 297,752 shares during the period. Rathbones Group PLC boosted its position in Banco Bilbao Viscaya Argentaria by 250.8% during the 3rd quarter. Rathbones Group PLC now owns 246,151 shares of the bank’s stock worth $4,738,000 after buying an additional 175,976 shares during the period. Caprock Group LLC acquired a new stake in Banco Bilbao Viscaya Argentaria during the 3rd quarter worth approximately $3,114,000. Finally, JCIC Asset Management Inc. acquired a new stake in Banco Bilbao Viscaya Argentaria during the 4th quarter worth approximately $3,075,000. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

BBVA has been the subject of several analyst reports. Wall Street Zen lowered shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings lowered shares of Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th. Barclays lowered shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. UBS Group restated a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, April 20th. Finally, Zacks Research lowered shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. One analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Banco Bilbao Viscaya Argentaria currently has an average rating of “Hold”.

Banco Bilbao Viscaya Argentaria Stock Performance

Banco Bilbao Viscaya Argentaria stock opened at $22.22 on Friday. Banco Bilbao Viscaya Argentaria S.A. has a 52-week low of $14.63 and a 52-week high of $26.20. The firm has a 50 day moving average price of $22.33 and a two-hundred day moving average price of $22.69. The firm has a market cap of $126.82 billion, a price-to-earnings ratio of 10.58, a PEG ratio of 0.58 and a beta of 0.81.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last released its quarterly earnings results on Tuesday, March 31st. The bank reported $0.59 earnings per share (EPS) for the quarter. Banco Bilbao Viscaya Argentaria had a net margin of 28.21% and a return on equity of 17.65%. The firm had revenue of $12.33 billion during the quarter. As a group, equities research analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 2.26 EPS for the current fiscal year.

About Banco Bilbao Viscaya Argentaria

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) is a Spanish multinational financial services group headquartered in Bilbao, Spain. The bank traces its roots to several historic regional banks and was formed through a series of mergers that consolidated its position as one of Spain’s largest banking groups. BBVA operates as a universal bank offering a broad range of financial services to retail, corporate and institutional clients.

BBVA’s core businesses include retail and commercial banking, corporate and investment banking, private banking and wealth management, asset management, and insurance.