Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Shares Purchased by American Century Companies Inc.

American Century Companies Inc. grew its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 24.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,890,079 shares of the bank’s stock after purchasing an additional 368,660 shares during the quarter. American Century Companies Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $18,957,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BBVA. Russell Investments Group Ltd. grew its position in Banco Bilbao Vizcaya Argentaria by 139.8% in the 4th quarter. Russell Investments Group Ltd. now owns 3,906 shares of the bank’s stock valued at $36,000 after buying an additional 2,277 shares during the last quarter. Rothschild Investment LLC purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 2nd quarter worth about $40,000. Ashton Thomas Private Wealth LLC purchased a new position in Banco Bilbao Vizcaya Argentaria in the 2nd quarter worth approximately $43,000. Financial Management Professionals Inc. boosted its holdings in Banco Bilbao Vizcaya Argentaria by 295.3% in the 1st quarter. Financial Management Professionals Inc. now owns 4,076 shares of the bank’s stock worth $48,000 after acquiring an additional 3,045 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. boosted its holdings in Banco Bilbao Vizcaya Argentaria by 567.5% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 4,646 shares of the bank’s stock worth $55,000 after acquiring an additional 3,950 shares during the period. Institutional investors and hedge funds own 2.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. BNP Paribas cut Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a report on Wednesday, June 12th. Citigroup raised Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research report on Friday, August 9th. Finally, Royal Bank of Canada raised Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research report on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria currently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Down 0.7 %

Shares of BBVA stock opened at $10.86 on Friday. The stock has a 50-day simple moving average of $10.35 and a 200 day simple moving average of $10.64. Banco Bilbao Vizcaya Argentaria, S.A. has a fifty-two week low of $7.72 and a fifty-two week high of $12.20. The stock has a market capitalization of $63.40 billion, a P/E ratio of 7.39, a P/E/G ratio of 0.97 and a beta of 1.30.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its earnings results on Thursday, August 1st. The bank reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.03. Banco Bilbao Vizcaya Argentaria had a return on equity of 16.40% and a net margin of 27.55%. The business had revenue of $9.93 billion during the quarter. During the same period in the prior year, the business earned $0.36 EPS. On average, sell-side analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.7 earnings per share for the current year.

Banco Bilbao Vizcaya Argentaria Company 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.