Banco Bilbao Viscaya Argentaria S.A. $BBVA Holdings Raised by HighTower Advisors LLC

HighTower Advisors LLC boosted its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 10.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 299,243 shares of the bank’s stock after acquiring an additional 27,553 shares during the quarter. HighTower Advisors LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $5,760,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in BBVA. Savvy Advisors Inc. boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 3.9% in the third quarter. Savvy Advisors Inc. now owns 14,644 shares of the bank’s stock valued at $282,000 after acquiring an additional 544 shares in the last quarter. Baron Wealth Management LLC boosted its stake in Banco Bilbao Viscaya Argentaria by 2.5% during the 3rd quarter. Baron Wealth Management LLC now owns 23,039 shares of the bank’s stock valued at $443,000 after purchasing an additional 553 shares in the last quarter. Savant Capital LLC increased its position in shares of Banco Bilbao Viscaya Argentaria by 0.7% during the 3rd quarter. Savant Capital LLC now owns 80,109 shares of the bank’s stock valued at $1,542,000 after purchasing an additional 556 shares during the period. Peapack Gladstone Financial Corp increased its position in shares of Banco Bilbao Viscaya Argentaria by 4.1% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 14,304 shares of the bank’s stock valued at $220,000 after purchasing an additional 563 shares during the period. Finally, Seeds Investor LLC lifted its holdings in shares of Banco Bilbao Viscaya Argentaria by 4.1% in the second quarter. Seeds Investor LLC now owns 14,956 shares of the bank’s stock valued at $230,000 after buying an additional 584 shares during the period. 2.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Royal Bank Of Canada lowered Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a report on Wednesday, January 28th. Wall Street Zen raised shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research note on Saturday. Zacks Research upgraded shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 21st. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of BBVA opened at $23.69 on Tuesday. The company has a 50-day moving average of $23.97 and a two-hundred day moving average of $21.25. The stock has a market cap of $136.54 billion, a price-to-earnings ratio of 12.03, a PEG ratio of 0.59 and a beta of 0.80. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.13 and a quick ratio of 0.98. Banco Bilbao Viscaya Argentaria S.A. has a one year low of $11.59 and a one year high of $26.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its earnings results on Thursday, February 5th. The bank reported $0.50 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.50. The company had revenue of $11.49 billion for the quarter, compared to the consensus estimate of $10.74 billion. Banco Bilbao Viscaya Argentaria had a net margin of 28.43% and a return on equity of 17.29%. On average, equities research analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current year.

Banco Bilbao Viscaya Argentaria Company Profile

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.