Principal Securities Inc. Reduces Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Principal Securities Inc. cut its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 3.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 80,454 shares of the bank’s stock after selling 2,583 shares during the period. Principal Securities Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $782,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. FMR LLC lifted its position in Banco Bilbao Vizcaya Argentaria by 5.7% during the 3rd quarter. FMR LLC now owns 6,370,344 shares of the bank’s stock valued at $69,055,000 after acquiring an additional 344,355 shares during the period. Crossmark Global Holdings Inc. raised its holdings in Banco Bilbao Vizcaya Argentaria by 5.8% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 1,270,460 shares of the bank’s stock worth $13,772,000 after acquiring an additional 70,192 shares during the last quarter. QRG Capital Management Inc. increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 3.4% in the 3rd quarter. QRG Capital Management Inc. now owns 1,002,702 shares of the bank’s stock worth $10,869,000 after purchasing an additional 32,823 shares in the last quarter. US Bancorp DE increased its holdings in Banco Bilbao Vizcaya Argentaria by 1.7% in the 3rd quarter. US Bancorp DE now owns 945,836 shares of the bank’s stock worth $10,253,000 after buying an additional 15,636 shares in the last quarter. Finally, Raymond James & Associates boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 91.0% during the 3rd quarter. Raymond James & Associates now owns 776,389 shares of the bank’s stock valued at $8,416,000 after acquiring an additional 369,971 shares during the last quarter. Institutional investors own 2.96% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Hsbc Global Res upgraded 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 upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Trading Up 1.0 %

Shares of Banco Bilbao Vizcaya Argentaria stock opened at $12.77 on Friday. Banco Bilbao Vizcaya Argentaria, S.A. has a fifty-two week low of $9.23 and a fifty-two week high of $13.05. 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 market capitalization of $74.52 billion, a P/E ratio of 7.05, a P/E/G ratio of 0.81 and a beta of 1.27. The company has a fifty day moving average of $10.87 and a 200 day moving average of $10.35.

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

About Banco Bilbao Vizcaya Argentaria

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.