Dimensional Fund Advisors LP Increases Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Dimensional Fund Advisors LP lifted its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 5.9% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,103,927 shares of the bank’s stock after buying an additional 619,836 shares during the period. Dimensional Fund Advisors LP owned approximately 0.19% of Banco Bilbao Vizcaya Argentaria worth $111,371,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Rothschild Investment LLC purchased a new position in Banco Bilbao Vizcaya Argentaria in the second quarter valued at approximately $40,000. Financial Management Professionals Inc. lifted its stake in 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 valued at $48,000 after purchasing an additional 3,045 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in Banco Bilbao Vizcaya Argentaria in the second quarter valued at approximately $43,000. Whittier Trust Co. of Nevada Inc. lifted its stake in Banco Bilbao Vizcaya Argentaria by 567.5% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 4,646 shares of the bank’s stock valued at $55,000 after purchasing an additional 3,950 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in Banco Bilbao Vizcaya Argentaria by 20.9% in the first quarter. GAMMA Investing LLC now owns 5,754 shares of the bank’s stock valued at $68,000 after purchasing an additional 996 shares during the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on BBVA. Royal Bank of Canada upgraded Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research note on Wednesday, July 31st. Citigroup upgraded Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research report on Friday, August 9th. Finally, BNP Paribas downgraded 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 given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria presently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Price Performance

NYSE:BBVA opened at $10.84 on Tuesday. The company has a market cap of $63.25 billion, a P/E ratio of 7.37, a P/E/G ratio of 0.97 and a beta of 1.30. The stock’s fifty day moving average price is $10.36 and its two-hundred day moving average price is $10.65. Banco Bilbao Vizcaya Argentaria, S.A. has a 1 year low of $7.72 and a 1 year 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. The firm 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 period in the previous year, the company posted $0.36 EPS. On average, analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.7 earnings per share for the current fiscal year.

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.