PNC Financial Services Group Inc. Sells 68,088 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

PNC Financial Services Group Inc. lessened its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 19.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 290,564 shares of the bank’s stock after selling 68,088 shares during the period. PNC Financial Services Group Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $2,647,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Parallel Advisors LLC increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 8.2% in the fourth quarter. Parallel Advisors LLC now owns 14,111 shares of the bank’s stock worth $129,000 after purchasing an additional 1,065 shares in the last quarter. Dorsey & Whitney Trust CO LLC raised its holdings in Banco Bilbao Vizcaya Argentaria by 2.1% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 51,444 shares of the bank’s stock valued at $469,000 after acquiring an additional 1,072 shares during the period. BSW Wealth Partners lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 6.2% in the fourth quarter. BSW Wealth Partners now owns 22,235 shares of the bank’s stock valued at $203,000 after acquiring an additional 1,289 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 1.0% in the fourth quarter. Franklin Resources Inc. now owns 176,047 shares of the bank’s stock worth $1,604,000 after acquiring an additional 1,658 shares during the period. Finally, CWM LLC grew its position in shares of Banco Bilbao Vizcaya Argentaria by 15.9% during the fourth quarter. CWM LLC now owns 12,676 shares of the bank’s stock worth $115,000 after purchasing an additional 1,743 shares in the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on BBVA. BNP Paribas cut Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a report on Wednesday, June 12th. Barclays downgraded shares of Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a report on Monday, March 25th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Banco Bilbao Vizcaya Argentaria Trading Up 1.4 %

Shares of BBVA stock opened at $10.03 on Friday. The stock has a market capitalization of $59.83 billion, a price-to-earnings ratio of 6.82, a price-to-earnings-growth ratio of 0.83 and a beta of 1.31. Banco Bilbao Vizcaya Argentaria, S.A. has a 12-month low of $7.20 and a 12-month high of $12.20. The stock’s 50-day moving average price is $10.66 and its 200-day moving average price is $10.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Monday, April 29th. The bank reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.05. The business had revenue of $8.92 billion for the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 15.34% and a net margin of 26.90%. As a group, research analysts predict that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current fiscal year.

About Banco Bilbao Vizcaya Argentaria

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.