Integrated Wealth Concepts LLC Has $848,000 Holdings in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Key Points

• Integrated Wealth Concepts LLC cut its position in Banco Bilbao Viscaya Argentaria S.A. by 75.8%, holding 62,282 shares valued at $848,000 after selling 195,502 shares in the first quarter.
• Several other institutional investors made notable adjustments, with Private Trust Co. NA increasing its stake by 224.7% during the same period.
• In recent analyst activity, Barclays upgraded BBVA from "equal weight" to "overweight," while Wall Street Zen lowered it from "buy" to "hold," resulting in an average rating of "Buy" for the stock.

Integrated Wealth Concepts LLC trimmed its stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 75.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 62,282 shares of the bank's stock after selling 195,502 shares during the quarter. Integrated Wealth Concepts LLC's holdings in Banco Bilbao Viscaya Argentaria were worth $848,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Upgrades and Downgrades

Several research analysts have recently commented on BBVA shares. Barclays raised Banco Bilbao Viscaya Argentaria from an "equal weight" rating to an "overweight" rating in a report on Thursday, August 7th. Wall Street Zen downgraded Banco Bilbao Viscaya Argentaria from a "buy" rating to a "hold" rating in a report on Saturday, July 12th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Buy".

Banco Bilbao Viscaya Argentaria Trading Down 0.0%

Shares of Banco Bilbao Viscaya Argentaria stock traded down $0.01 on Tuesday, hitting $19.23. 669,280 shares of the company's stock traded hands, compared to its average volume of 2,204,827. The firm's 50-day moving average price is $17.32 and its two-hundred day moving average price is $15.38. The stock has a market capitalization of $112.23 billion, a PE ratio of 10.11, a price-to-earnings-growth ratio of 1.01 and a beta of 1.20. Banco Bilbao Viscaya Argentaria S.A. has a one year low of $9.23 and a one year high of $19.39. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.01 and a quick ratio of 1.01.

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

About Banco Bilbao Viscaya 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.