Goldman Sachs Group Inc. Has $149.02 Million Stock Position in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Key Points

• Goldman Sachs Group Inc. increased its stake in Banco Bilbao Viscaya Argentaria S.A. by 10.2%, now owning 10,941,273 shares valued at approximately $149 million.
• In terms of performance, Banco Bilbao Viscaya Argentaria reported $0.52 EPS in its latest quarter, surpassing the expected $0.47 EPS.
• Analyst ratings are mixed, with one analyst issuing a Strong Buy, another a Buy, and one a Hold rating; however, the consensus rating remains a Buy.

Goldman Sachs Group Inc. grew its holdings in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 10.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,941,273 shares of the bank's stock after buying an additional 1,014,305 shares during the period. Goldman Sachs Group Inc. owned 0.19% of Banco Bilbao Viscaya Argentaria worth $149,020,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of BBVA. Millennium Management LLC increased its stake in Banco Bilbao Viscaya Argentaria by 514.5% during the 4th quarter. Millennium Management LLC now owns 951,350 shares of the bank's stock valued at $9,247,000 after buying an additional 796,526 shares during the period. Clark Capital Management Group Inc. increased its stake in shares of Banco Bilbao Viscaya Argentaria by 6.6% during the first quarter. Clark Capital Management Group Inc. now owns 5,578,381 shares of the bank's stock valued at $75,978,000 after acquiring an additional 347,564 shares during the period. Lesa Sroufe & Co bought a new stake in Banco Bilbao Viscaya Argentaria during the first quarter worth approximately $4,261,000. Vident Advisory LLC lifted its position in Banco Bilbao Viscaya Argentaria by 159.1% in the first quarter. Vident Advisory LLC now owns 447,780 shares of the bank's stock worth $6,099,000 after purchasing an additional 274,958 shares during the period. Finally, Bank of New York Mellon Corp increased its position in shares of Banco Bilbao Viscaya Argentaria by 59.9% during the 1st quarter. Bank of New York Mellon Corp now owns 673,748 shares of the bank's stock valued at $9,176,000 after purchasing an additional 252,492 shares during the period. Institutional investors and hedge funds own 2.96% of the company's stock.

Banco Bilbao Viscaya Argentaria Trading Down 1.1%

BBVA stock traded down $0.22 during mid-day trading on Wednesday, reaching $18.97. 250,600 shares of the stock traded hands, compared to its average volume of 2,196,326. Banco Bilbao Viscaya Argentaria S.A. has a 52-week low of $9.23 and a 52-week high of $19.39. The stock's fifty day moving average is $17.38 and its 200-day moving average is $15.41. The company has a market cap of $110.72 billion, a P/E ratio of 10.00, a P/E/G ratio of 1.02 and a beta of 1.20. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.18.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last announced its earnings results on Thursday, July 31st. The bank reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.05. The company had revenue of $10.30 billion for the quarter, compared to the consensus estimate of $10.24 billion. Banco Bilbao Viscaya Argentaria had a net margin of 29.17% and a return on equity of 17.61%. As a group, sell-side analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current year.

Wall Street Analysts Forecast Growth

BBVA has been the subject of several research analyst reports. Barclays upgraded Banco Bilbao Viscaya Argentaria from an "equal weight" rating to an "overweight" rating in a report on Thursday, August 7th. Wall Street Zen lowered shares of Banco Bilbao Viscaya Argentaria from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Banco Bilbao Viscaya Argentaria presently has a consensus rating of "Buy".

Banco Bilbao Viscaya Argentaria 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.