Brandes Investment Partners LP increased its holdings in Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) by 56.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,926 shares of the bank’s stock after buying an additional 8,642 shares during the period. Brandes Investment Partners LP’s holdings in Banco Bilbao Vizcaya Argentaria were worth $167,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in BBVA. Envestnet Asset Management Inc. raised its position in Banco Bilbao Vizcaya Argentaria by 2.3% during the second quarter. Envestnet Asset Management Inc. now owns 1,127,691 shares of the bank’s stock valued at $7,890,000 after purchasing an additional 25,319 shares in the last quarter. Oppenheimer Asset Management Inc. raised its position in Banco Bilbao Vizcaya Argentaria by 2.5% during the second quarter. Oppenheimer Asset Management Inc. now owns 730,729 shares of the bank’s stock valued at $5,115,000 after purchasing an additional 18,032 shares in the last quarter. Brown Advisory Inc. raised its position in Banco Bilbao Vizcaya Argentaria by 61.4% during the second quarter. Brown Advisory Inc. now owns 34,694 shares of the bank’s stock valued at $243,000 after purchasing an additional 13,195 shares in the last quarter. BlackRock Inc. raised its position in Banco Bilbao Vizcaya Argentaria by 2.3% during the second quarter. BlackRock Inc. now owns 5,683,079 shares of the bank’s stock valued at $39,782,000 after purchasing an additional 127,331 shares in the last quarter. Finally, FDx Advisors Inc. raised its position in Banco Bilbao Vizcaya Argentaria by 5.0% during the second quarter. FDx Advisors Inc. now owns 288,408 shares of the bank’s stock valued at $2,019,000 after purchasing an additional 13,813 shares in the last quarter. Institutional investors own 3.14% of the company’s stock.

Several research analysts have commented on the stock. ValuEngine downgraded shares of Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “strong sell” rating in a research report on Tuesday. JPMorgan Chase & Co. downgraded shares of Banco Bilbao Vizcaya Argentaria from an “overweight” rating to a “neutral” rating in a research report on Tuesday. Zacks Investment Research downgraded shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Tuesday, August 28th. Finally, UBS Group downgraded shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Tuesday, August 14th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $7.90.

Shares of BBVA opened at $6.23 on Wednesday. Banco Bilbao Vizcaya Argentaria SA has a one year low of $6.00 and a one year high of $9.54. The company has a market cap of $40.71 billion, a price-to-earnings ratio of 8.53, a PEG ratio of 0.85 and a beta of 0.97. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.26 and a quick ratio of 1.05.

Banco Bilbao Vizcaya Argentaria 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, fixed-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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