Noesis Capital Mangement Corp Reduces Stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Noesis Capital Mangement Corp lessened its position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 35.2% in the fourth quarter, Holdings Channel reports. The fund owned 30,000 shares of the bank’s stock after selling 16,297 shares during the quarter. Noesis Capital Mangement Corp’s holdings in Banco Bilbao Vizcaya Argentaria were worth $292,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of BBVA. Allspring Global Investments Holdings LLC grew its position in shares of Banco Bilbao Vizcaya Argentaria by 52.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 38,438 shares of the bank’s stock valued at $417,000 after acquiring an additional 13,214 shares during the period. International Assets Investment Management LLC bought a new stake in Banco Bilbao Vizcaya Argentaria during the third quarter valued at about $1,940,000. Financial Advocates Investment Management bought a new stake in Banco Bilbao Vizcaya Argentaria during the third quarter valued at about $141,000. US Bancorp DE increased its position in Banco Bilbao Vizcaya Argentaria by 1.7% in the third 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, Reston Wealth Management LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the third quarter worth about $72,000. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Stock Performance

NYSE:BBVA opened at $13.21 on Friday. The stock has a 50-day moving average price of $11.26 and a 200 day moving average price of $10.50. The stock has a market capitalization of $77.09 billion, a P/E ratio of 7.30, a P/E/G ratio of 0.80 and a beta of 1.27. Banco Bilbao Vizcaya Argentaria, S.A. has a 12-month low of $9.23 and a 12-month high of $13.59. The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a net margin of 28.10% and a return on equity of 17.49%. Equities research analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on BBVA. Kepler Capital Markets upgraded Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research note on Thursday. StockNews.com lowered shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, Hsbc Global Res upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

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.