Keybank National Association OH Boosts Stake in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Keybank National Association OH increased its holdings in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 16.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 144,836 shares of the bank’s stock after acquiring an additional 20,966 shares during the quarter. Keybank National Association OH’s holdings in Banco Bilbao Viscaya Argentaria were worth $3,137,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Basepoint Wealth LLC acquired a new stake in shares of Banco Bilbao Viscaya Argentaria in the fourth quarter valued at approximately $26,000. Root Financial Partners LLC grew its holdings in Banco Bilbao Viscaya Argentaria by 59.6% in the 4th quarter. Root Financial Partners LLC now owns 1,141 shares of the bank’s stock valued at $27,000 after buying an additional 426 shares in the last quarter. Harbour Investments Inc. increased its stake in shares of Banco Bilbao Viscaya Argentaria by 84.1% in the 4th quarter. Harbour Investments Inc. now owns 1,259 shares of the bank’s stock worth $29,000 after acquiring an additional 575 shares during the last quarter. TD Waterhouse Canada Inc. raised its holdings in shares of Banco Bilbao Viscaya Argentaria by 50.9% during the 4th quarter. TD Waterhouse Canada Inc. now owns 1,304 shares of the bank’s stock worth $30,000 after acquiring an additional 440 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of Banco Bilbao Viscaya Argentaria in the fourth quarter valued at about $31,000. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Banco Bilbao Viscaya Argentaria Price Performance

Shares of BBVA opened at $25.56 on Monday. Banco Bilbao Viscaya Argentaria S.A. has a 1-year low of $14.63 and a 1-year high of $26.20. The stock has a market cap of $145.94 billion, a PE ratio of 12.17, a P/E/G ratio of 0.64 and a beta of 0.80. The firm has a 50-day simple moving average of $23.05 and a two-hundred day simple moving average of $23.07.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its quarterly earnings data on Tuesday, March 31st. The bank reported $0.59 EPS for the quarter. The firm had revenue of $12.33 billion for the quarter. Banco Bilbao Viscaya Argentaria had a net margin of 28.21% and a return on equity of 17.65%. As a group, sell-side analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 2.38 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. UBS Group reiterated a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, April 20th. Weiss Ratings lowered shares of Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Wall Street Zen cut Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Zacks Research lowered Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 10th. Finally, Barclays downgraded Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 15th. One analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Banco Bilbao Viscaya Argentaria presently has an average rating of “Hold”.

Banco Bilbao Viscaya Argentaria 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.