Natixis Advisors LLC cut its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA – Free Report) by 2.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 867,799 shares of the bank’s stock after selling 23,747 shares during the quarter. Natixis Advisors LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $8,435,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Commonwealth Equity Services LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 7.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 19,576 shares of the bank’s stock worth $190,000 after purchasing an additional 1,437 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Banco Bilbao Vizcaya Argentaria during the 4th quarter worth approximately $2,046,000. Farther Finance Advisors LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 8.5% during the 4th quarter. Farther Finance Advisors LLC now owns 85,945 shares of the bank’s stock worth $835,000 after purchasing an additional 6,710 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 96.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 51,024 shares of the bank’s stock worth $496,000 after purchasing an additional 25,060 shares in the last quarter. Finally, HighTower Advisors LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 1.8% during the 4th quarter. HighTower Advisors LLC now owns 295,547 shares of the bank’s stock worth $2,873,000 after purchasing an additional 5,109 shares in the last quarter. 2.96% of the stock is owned by institutional investors.
Banco Bilbao Vizcaya Argentaria Trading Down 2.2 %
NYSE BBVA opened at $14.18 on Friday. The company has a market cap of $82.75 billion, a PE ratio of 7.83, a PEG ratio of 0.80 and a beta of 1.25. The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16. Banco Bilbao Vizcaya Argentaria, S.A. has a 12 month low of $9.23 and a 12 month high of $14.84. The stock has a 50 day moving average of $12.43 and a 200-day moving average of $10.85.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on BBVA shares. StockNews.com downgraded Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, March 15th. Hsbc Global Res raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. Finally, Kepler Capital Markets raised Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research report on Thursday, February 27th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, Banco Bilbao Vizcaya Argentaria currently has an average rating of “Moderate Buy”.
View Our Latest Analysis on BBVA
Banco Bilbao Vizcaya Argentaria Profile
Banco Bilbao Vizcaya Argentaria, SA provides retail banking, wholesale banking, and asset management services in the United States, Spain, Mexico, Turkey, South America, and internationally. The company offers savings account, demand deposits, and time deposits; and loan products, such as residential mortgages, other households, credit card loans, loans to enterprises and public sector, as well as consumer finance.
Read More
- Five stocks we like better than Banco Bilbao Vizcaya Argentaria
- How to Short a Stock in 5 Easy Steps
- Everything About Amazon Stock Signals a Buy—Time to Load Up?
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- 5 Reasons Five Below’s Stock Price Is Heading Higher This Year
- How to Profit From Growth Investing
- Broadcom: Why the Chip Stock Remains a Top Long-Term AI Play
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, S.A. (NYSE:BBVA – Free Report).
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.