Whittier Trust Co. of Nevada Inc. Acquires 17,403 Shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA)

Whittier Trust Co. of Nevada Inc. increased its position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 51.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,126 shares of the bank's stock after acquiring an additional 17,403 shares during the period. Whittier Trust Co. of Nevada Inc.'s holdings in Banco Bilbao Viscaya Argentaria were worth $696,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in BBVA. Symmetry Investments LP bought a new position in Banco Bilbao Viscaya Argentaria in the 4th quarter valued at approximately $27,647,000. Northern Trust Corp lifted its stake in Banco Bilbao Viscaya Argentaria by 48.6% in the 4th quarter. Northern Trust Corp now owns 7,418,877 shares of the bank's stock valued at $72,111,000 after purchasing an additional 2,424,880 shares during the last quarter. Millennium Management LLC lifted its stake in Banco Bilbao Viscaya Argentaria by 514.5% in the 4th quarter. Millennium Management LLC now owns 951,350 shares of the bank's stock valued at $9,247,000 after purchasing an additional 796,526 shares during the last quarter. Raymond James Financial Inc. bought a new position in Banco Bilbao Viscaya Argentaria in the 4th quarter valued at approximately $7,333,000. Finally, Bank of America Corp DE lifted its stake in Banco Bilbao Viscaya Argentaria by 13.7% in the 4th quarter. Bank of America Corp DE now owns 5,108,410 shares of the bank's stock valued at $49,654,000 after purchasing an additional 613,563 shares during the last quarter. Institutional investors and hedge funds own 2.96% of the company's stock.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded shares of Banco Bilbao Viscaya Argentaria from a "buy" rating to a "hold" rating in a research note on Saturday, July 12th. Two research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Buy".

Banco Bilbao Viscaya Argentaria Stock Down 0.5%

Shares of BBVA stock traded down $0.08 during trading hours on Friday, hitting $14.77. 1,230,254 shares of the company's stock traded hands, compared to its average volume of 1,991,692. The stock's 50 day simple moving average is $15.15 and its 200 day simple moving average is $13.52. The stock has a market cap of $86.23 billion, a PE ratio of 7.81, a price-to-earnings-growth ratio of 1.17 and a beta of 1.06. Banco Bilbao Viscaya Argentaria S.A. has a 12 month low of $9.23 and a 12 month high of $16.00.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The bank reported $0.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.47. The firm had revenue of $10.61 billion during the quarter, compared to the consensus estimate of $9.12 billion. Banco Bilbao Viscaya Argentaria had a net margin of 28.85% and a return on equity of 17.97%. As a group, equities research analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current fiscal year.

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.