AE Wealth Management LLC Has $58,000 Stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

AE Wealth Management LLC lowered its position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVAGet Rating) by 15.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,089 shares of the bank’s stock after selling 2,322 shares during the period. AE Wealth Management LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $58,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BBVA. Clarius Group LLC grew its position in Banco Bilbao Vizcaya Argentaria by 9.7% in the third quarter. Clarius Group LLC now owns 53,452 shares of the bank’s stock worth $238,000 after acquiring an additional 4,712 shares in the last quarter. Sage Rhino Capital LLC increased its position in Banco Bilbao Vizcaya Argentaria by 18.5% during the third quarter. Sage Rhino Capital LLC now owns 35,149 shares of the bank’s stock worth $156,000 after buying an additional 5,483 shares during the last quarter. Ritholtz Wealth Management bought a new position in Banco Bilbao Vizcaya Argentaria during the third quarter valued at about $727,000. Bailard Inc. lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 6.5% in the third quarter. Bailard Inc. now owns 33,994 shares of the bank’s stock worth $151,000 after buying an additional 2,073 shares during the last quarter. Finally, Janiczek Wealth Management LLC boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 64.8% during the 3rd quarter. Janiczek Wealth Management LLC now owns 16,625 shares of the bank’s stock worth $76,000 after acquiring an additional 6,535 shares in the last quarter. Institutional investors own 2.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on BBVA shares. AlphaValue upgraded Banco Bilbao Vizcaya Argentaria to a “buy” rating in a report on Thursday, December 8th. Credit Suisse Group upped their price objective on shares of Banco Bilbao Vizcaya Argentaria from €5.20 ($5.65) to €5.50 ($5.98) and gave the stock a “neutral” rating in a report on Monday, October 31st. StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “strong-buy” rating in a report on Wednesday, January 11th. Berenberg Bank upped their price target on shares of Banco Bilbao Vizcaya Argentaria from €5.30 ($5.76) to €5.80 ($6.30) in a report on Tuesday, November 1st. Finally, Royal Bank of Canada boosted their price objective on Banco Bilbao Vizcaya Argentaria from €6.20 ($6.74) to €6.50 ($7.07) in a research report on Friday, October 14th. Five equities research analysts have rated the stock with a hold rating, four 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 currently has an average rating of “Moderate Buy” and a consensus target price of $6.48.

Banco Bilbao Vizcaya Argentaria Trading Down 1.0 %

Shares of BBVA opened at $6.81 on Friday. The stock’s 50-day moving average price is $6.03 and its 200 day moving average price is $5.14. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.10. The firm has a market capitalization of $43.49 billion, a price-to-earnings ratio of 6.49 and a beta of 1.29. Banco Bilbao Vizcaya Argentaria, S.A. has a 12-month low of $3.93 and a 12-month high of $7.02.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVAGet Rating) last announced its quarterly earnings data on Friday, October 28th. The bank reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.06. The company had revenue of $6.91 billion for the quarter, compared to analyst estimates of $6.06 billion. Banco Bilbao Vizcaya Argentaria had a return on equity of 13.66% and a net margin of 26.64%. As a group, research analysts predict that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.06 earnings per share for the current year.

Banco Bilbao Vizcaya Argentaria Company Profile

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Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail banking, wholesale banking, and asset management services. It offers current accounts; and demand, savings, overnight, time, term, and subordinated deposits. The company also provides loan products; deals in securities; and manages pension and investment funds.

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Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria (NYSE:BBVA)

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