Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Stock Holdings Raised by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV lifted its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 1.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 679,178 shares of the bank’s stock after purchasing an additional 6,775 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Banco Bilbao Vizcaya Argentaria were worth $6,812,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of BBVA. Dimensional Fund Advisors LP boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 5.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 11,103,927 shares of the bank’s stock valued at $111,371,000 after buying an additional 619,836 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Banco Bilbao Vizcaya Argentaria by 0.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 8,737,599 shares of the bank’s stock worth $79,600,000 after acquiring an additional 30,534 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Banco Bilbao Vizcaya Argentaria by 9.9% in the second quarter. Envestnet Asset Management Inc. now owns 4,412,058 shares of the bank’s stock valued at $44,253,000 after acquiring an additional 396,829 shares during the period. American Century Companies Inc. grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 24.2% during the second quarter. American Century Companies Inc. now owns 1,890,079 shares of the bank’s stock valued at $18,957,000 after purchasing an additional 368,660 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC raised its position in shares of Banco Bilbao Vizcaya Argentaria by 1.5% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,363,752 shares of the bank’s stock worth $16,147,000 after purchasing an additional 20,719 shares during the period. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently commented on BBVA. Citigroup upgraded Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research note on Friday, August 9th. Royal Bank of Canada upgraded shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research report on Wednesday, July 31st. Finally, BNP Paribas downgraded shares of Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research report on Wednesday, June 12th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of BBVA opened at $10.86 on Friday. Banco Bilbao Vizcaya Argentaria, S.A. has a one year low of $7.72 and a one year high of $12.20. The stock’s fifty day moving average is $10.35 and its 200-day moving average is $10.64. The firm has a market capitalization of $63.40 billion, a price-to-earnings ratio of 7.39, a price-to-earnings-growth ratio of 0.97 and a beta of 1.30.

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

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.