Altrius Capital Management Inc Raises Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Altrius Capital Management Inc raised its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 1.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 848,065 shares of the bank’s stock after buying an additional 12,537 shares during the quarter. Banco Bilbao Vizcaya Argentaria comprises about 2.2% of Altrius Capital Management Inc’s investment portfolio, making the stock its 3rd biggest holding. Altrius Capital Management Inc’s holdings in Banco Bilbao Vizcaya Argentaria were worth $8,506,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Capital Research Global Investors lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 56.2% in the first quarter. Capital Research Global Investors now owns 233,631 shares of the bank’s stock worth $2,766,000 after buying an additional 84,063 shares in the last quarter. Capital Wealth Planning LLC boosted its stake in Banco Bilbao Vizcaya Argentaria by 30.1% during the 1st quarter. Capital Wealth Planning LLC now owns 432,620 shares of the bank’s stock valued at $5,122,000 after purchasing an additional 100,170 shares during the last quarter. Deltec Asset Management LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 2nd quarter worth $928,000. Dimensional Fund Advisors LP lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 2.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 10,355,974 shares of the bank’s stock valued at $94,342,000 after purchasing an additional 290,673 shares in the last quarter. Finally, Norden Group LLC purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the first quarter valued at $979,000. 2.96% of the stock is owned by institutional investors.

Banco Bilbao Vizcaya Argentaria Stock Up 0.7 %

NYSE BBVA opened at $10.54 on Thursday. The firm has a market capitalization of $61.53 billion, a P/E ratio of 7.17, a PEG ratio of 0.97 and a beta of 1.30. The company has a 50-day moving average price of $10.34 and a 200-day moving average price of $10.64. Banco Bilbao Vizcaya Argentaria, S.A. has a 52 week low of $7.72 and a 52 week high of $12.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings results on Thursday, August 1st. The bank reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.03. Banco Bilbao Vizcaya Argentaria had a net margin of 27.55% and a return on equity of 16.40%. The business had revenue of $9.93 billion for the quarter. During the same quarter in the previous year, the business posted $0.36 earnings per share. As a group, equities research analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.7 EPS for the current year.

Wall Street Analysts Forecast Growth

BBVA has been the subject of a number of recent analyst reports. BNP Paribas lowered Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research report on Wednesday, June 12th. Royal Bank of Canada upgraded shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a report on Wednesday, July 31st. Finally, Citigroup raised shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research report on Friday, August 9th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

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.