GM Advisory Group LLC Purchases Shares of 10,548 Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

GM Advisory Group LLC purchased a new stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) in the 2nd quarter, according to its most recent filing with the SEC. The fund purchased 10,548 shares of the bank’s stock, valued at approximately $106,000.

Several other institutional investors also recently bought and sold shares of BBVA. Russell Investments Group Ltd. raised its holdings in Banco Bilbao Vizcaya Argentaria by 139.8% in the 4th quarter. Russell Investments Group Ltd. now owns 3,906 shares of the bank’s stock valued at $36,000 after acquiring an additional 2,277 shares during the last quarter. Rothschild Investment LLC acquired a new position in Banco Bilbao Vizcaya Argentaria in the 2nd quarter valued at $40,000. Ashton Thomas Private Wealth LLC acquired a new position in Banco Bilbao Vizcaya Argentaria in the 2nd quarter valued at $43,000. Financial Management Professionals Inc. raised its holdings in Banco Bilbao Vizcaya Argentaria by 295.3% in the 1st quarter. Financial Management Professionals Inc. now owns 4,076 shares of the bank’s stock valued at $48,000 after acquiring an additional 3,045 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in Banco Bilbao Vizcaya Argentaria by 567.5% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 4,646 shares of the bank’s stock valued at $55,000 after acquiring an additional 3,950 shares during the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Banco Bilbao Vizcaya Argentaria Stock Down 0.7 %

BBVA stock opened at $10.86 on Friday. The business has a fifty day simple moving average of $10.35 and a 200-day simple 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 PEG ratio of 0.97 and a beta of 1.30.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Thursday, August 1st. The bank reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $9.93 billion during the quarter. During the same period last year, the company posted $0.36 earnings per share. As a group, analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.7 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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