Rhumbline Advisers Trims Stock Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Rhumbline Advisers lessened its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 4.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 111,872 shares of the bank’s stock after selling 5,675 shares during the period. Rhumbline Advisers’ holdings in Banco Bilbao Vizcaya Argentaria were worth $1,087,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. GAMMA Investing LLC lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 19.7% in the fourth quarter. GAMMA Investing LLC now owns 10,866 shares of the bank’s stock valued at $106,000 after purchasing an additional 1,792 shares in the last quarter. Cerity Partners LLC lifted its holdings 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 valued at $4,265,000 after purchasing an additional 106,869 shares in the last quarter. Savant Capital LLC lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 10.0% during the fourth quarter. Savant Capital LLC now owns 47,217 shares of the bank’s stock valued at $459,000 after buying an additional 4,302 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of 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 valued at $4,092,000 after buying an additional 65,852 shares during the period. Finally, HB Wealth Management LLC purchased a new position in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at approximately $124,000. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of BBVA stock opened at $13.93 on Thursday. Banco Bilbao Vizcaya Argentaria, S.A. has a one year low of $9.23 and a one year high of $13.96. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01. The company has a 50 day moving average price of $11.48 and a 200 day moving average price of $10.57. The firm has a market capitalization of $81.29 billion, a price-to-earnings ratio of 7.69, a price-to-earnings-growth ratio of 0.80 and a beta of 1.25.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, topping the consensus estimate of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a net margin of 28.10% and a return on equity of 17.49%. Sell-side analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on BBVA shares. Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. StockNews.com downgraded shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th. Finally, Kepler Capital Markets raised shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research note on Thursday, February 27th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company 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.