DAVENPORT & Co LLC Decreases Stock Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

DAVENPORT & Co LLC lessened its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 1.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 194,087 shares of the bank’s stock after selling 2,370 shares during the quarter. DAVENPORT & Co LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $1,887,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in BBVA. GAMMA Investing LLC increased its position in shares of Banco Bilbao Vizcaya Argentaria by 19.7% during the fourth quarter. GAMMA Investing LLC now owns 10,866 shares of the bank’s stock worth $106,000 after purchasing an additional 1,792 shares in the last quarter. Mediolanum International Funds Ltd purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the third quarter worth $2,297,000. Sanctuary Advisors LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria in the second quarter valued at about $577,000. Cerity Partners LLC lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 37.3% in the third quarter. Cerity Partners LLC now owns 393,458 shares of the bank’s stock worth $4,265,000 after buying an additional 106,869 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in Banco Bilbao Vizcaya Argentaria by 21.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 377,530 shares of the bank’s stock worth $4,092,000 after acquiring an additional 65,852 shares during the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on BBVA. StockNews.com raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. Hsbc Global Res raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

NYSE:BBVA opened at $11.54 on Thursday. The company’s 50-day moving average is $10.24 and its two-hundred day moving average is $10.21. Banco Bilbao Vizcaya Argentaria, S.A. has a 1-year low of $9.23 and a 1-year high of $12.20. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 0.27. The firm has a market capitalization of $67.34 billion, a price-to-earnings ratio of 6.37, a PEG ratio of 0.71 and a beta of 1.27.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. Analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current 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.