Callan Capital LLC Sells 2,713 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Callan Capital LLC reduced its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 9.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,765 shares of the bank’s stock after selling 2,713 shares during the period. Callan Capital LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $260,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in BBVA. Brooklyn Investment Group grew its stake in Banco Bilbao Vizcaya Argentaria by 120.7% in the 4th quarter. Brooklyn Investment Group now owns 3,540 shares of the bank’s stock worth $34,000 after acquiring an additional 1,936 shares in the last quarter. Avion Wealth bought a new position in Banco Bilbao Vizcaya Argentaria in the 4th quarter worth about $39,000. Barclays PLC bought a new position in Banco Bilbao Vizcaya Argentaria in the 3rd quarter worth about $41,000. Sierra Ocean LLC bought a new position in Banco Bilbao Vizcaya Argentaria in the 4th quarter worth about $49,000. Finally, Versant Capital Management Inc bought a new position in Banco Bilbao Vizcaya Argentaria in the 4th quarter worth about $54,000. 2.96% of the stock is currently owned by institutional investors.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of BBVA opened at $12.74 on Friday. The company has a 50 day moving average price of $10.92 and a 200-day moving average price of $10.38. 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 stock has a market capitalization of $74.35 billion, a PE ratio of 7.04, a PEG ratio of 0.80 and a beta of 1.27. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share for the quarter, topping the consensus estimate 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 analysts predict that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. StockNews.com raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, one has issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

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.