Ascent Group LLC Buys 2,458 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Ascent Group LLC boosted its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 11.4% during the 1st quarter, HoldingsChannel reports. The fund owned 24,040 shares of the bank’s stock after purchasing an additional 2,458 shares during the period. Ascent Group LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $285,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Benjamin F. Edwards & Company Inc. bought a new position in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at approximately $28,000. Spire Wealth Management grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 237.7% during the fourth quarter. Spire Wealth Management now owns 4,120 shares of the bank’s stock valued at $36,000 after buying an additional 2,900 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 139.8% during the fourth quarter. Russell Investments Group Ltd. now owns 3,906 shares of the bank’s stock valued at $36,000 after buying an additional 2,277 shares during the last quarter. GAMMA Investing LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at approximately $44,000. Finally, Financial Management Professionals Inc. grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 295.3% during the first quarter. Financial Management Professionals Inc. now owns 4,076 shares of the bank’s stock valued at $48,000 after buying an additional 3,045 shares during the last quarter. 2.96% of the stock is owned by institutional investors.

Banco Bilbao Vizcaya Argentaria Trading Down 1.0 %

Shares of NYSE BBVA traded down $0.12 during trading hours on Monday, reaching $10.86. The stock had a trading volume of 2,302,238 shares, compared to its average volume of 1,481,640. The firm has a market cap of $63.37 billion, a price-to-earnings ratio of 7.38, a P/E/G ratio of 1.11 and a beta of 1.32. The business’s fifty day moving average price is $10.45 and its two-hundred day moving average price is $10.47. Banco Bilbao Vizcaya Argentaria, S.A. has a 52-week low of $7.41 and a 52-week high of $12.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Monday, April 29th. The bank reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.05. The firm had revenue of $8.92 billion during the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 15.34% and a net margin of 26.90%. Equities research analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.65 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas cut Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research note on Wednesday, June 12th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Banco Bilbao Vizcaya Argentaria has an average rating of “Hold”.

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.