Vanguard Personalized Indexing Management LLC Purchases 9,535 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Vanguard Personalized Indexing Management LLC raised its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 4.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 213,849 shares of the bank’s stock after acquiring an additional 9,535 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $2,092,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. grew its position in shares of 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 worth $36,000 after buying an additional 2,277 shares during the period. Rothschild Investment LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the second quarter worth $40,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the second quarter worth $43,000. Financial Management Professionals Inc. lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 295.3% in the first quarter. Financial Management Professionals Inc. now owns 4,076 shares of the bank’s stock worth $48,000 after purchasing an additional 3,045 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. raised its position in Banco Bilbao Vizcaya Argentaria by 567.5% during the first 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 in the last quarter. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Stock Down 0.7 %

Shares of BBVA stock opened at $10.86 on Friday. The firm has a 50 day moving average of $10.35 and a 200-day moving average 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. The company has a market cap 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 issued its quarterly earnings data 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. The business had revenue of $9.93 billion for the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 16.40% and a net margin of 27.55%. During the same quarter last year, the business posted $0.36 earnings per share. Analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.