Cwm LLC Acquires 1,670 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Cwm LLC lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 13.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 14,346 shares of the bank’s stock after purchasing an additional 1,670 shares during the period. Cwm LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $170,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in BBVA. Benjamin F. Edwards & Company Inc. purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at approximately $28,000. Russell Investments Group Ltd. boosted its position in Banco Bilbao Vizcaya Argentaria by 139.8% during 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 period. Spire Wealth Management grew its holdings in Banco Bilbao Vizcaya Argentaria by 237.7% in the 4th quarter. Spire Wealth Management now owns 4,120 shares of the bank’s stock worth $36,000 after acquiring an additional 2,900 shares during the last quarter. GAMMA Investing LLC purchased a new position in shares of Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at about $44,000. Finally, Principal Securities Inc. bought a new position in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at about $78,000. 2.96% of the stock is owned by institutional investors.

Banco Bilbao Vizcaya Argentaria Trading Down 2.9 %

Shares of BBVA opened at $9.74 on Monday. Banco Bilbao Vizcaya Argentaria, S.A. has a 1-year low of $7.20 and a 1-year high of $12.20. The firm’s 50-day moving average price is $10.65 and its 200-day moving average price is $10.22. The firm has a market capitalization of $58.10 billion, a price-to-earnings ratio of 6.63, a PEG ratio of 0.84 and a beta of 1.31.

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

Analysts Set New Price Targets

BBVA has been the topic of several recent analyst reports. Barclays cut Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a research note on Monday, March 25th. BNP Paribas cut Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research note on Wednesday, June 12th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

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.