Bridgewater Advisors Inc. Makes New Investment in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA)

Bridgewater Advisors Inc. bought a new stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 17,323 shares of the bank's stock, valued at approximately $243,000.

Several other large investors have also recently bought and sold shares of BBVA. Dimensional Fund Advisors LP lifted its holdings in shares of Banco Bilbao Viscaya Argentaria by 1.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 11,481,085 shares of the bank's stock valued at $111,596,000 after purchasing an additional 163,044 shares in the last quarter. Northern Trust Corp raised its stake in shares of Banco Bilbao Viscaya Argentaria by 48.6% in the fourth quarter. Northern Trust Corp now owns 7,418,877 shares of the bank's stock valued at $72,111,000 after buying an additional 2,424,880 shares during the period. Bank of America Corp DE grew its position in shares of Banco Bilbao Viscaya Argentaria by 13.7% in the fourth 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 in the last quarter. Symmetry Investments LP purchased a new position in shares of Banco Bilbao Viscaya Argentaria in the fourth quarter valued at $27,647,000. Finally, American Century Companies Inc. grew its position in shares of Banco Bilbao Viscaya Argentaria by 7.5% in the fourth quarter. American Century Companies Inc. now owns 2,226,849 shares of the bank's stock valued at $21,645,000 after purchasing an additional 156,006 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut Banco Bilbao Viscaya Argentaria from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. Two investment analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Buy".

Banco Bilbao Viscaya Argentaria Price Performance

BBVA traded down $0.04 during midday trading on Monday, reaching $14.73. 3,795,674 shares of the company's stock traded hands, compared to its average volume of 2,009,298. The firm has a fifty day moving average of $15.16 and a two-hundred day moving average of $13.61. The stock has a market capitalization of $85.99 billion, a price-to-earnings ratio of 7.77, a P/E/G ratio of 1.16 and a beta of 1.06. Banco Bilbao Viscaya Argentaria S.A. has a 52 week low of $9.23 and a 52 week high of $16.00.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last posted its earnings results on Tuesday, April 29th. The bank reported $0.47 earnings per share for the quarter, hitting analysts' consensus estimates of $0.47. The firm had revenue of $10.61 billion for the quarter, compared to the consensus estimate of $9.12 billion. Banco Bilbao Viscaya Argentaria had a return on equity of 17.97% and a net margin of 28.85%. Sell-side analysts forecast that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current 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.