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

Bridgewater Advisors Inc. bought a new stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 17,323 shares of the bank's stock, valued at approximately $243,000.

Several other hedge funds and other institutional investors have also made changes to their positions in BBVA. Whittier Trust Co. of Nevada Inc. boosted its position in shares of Banco Bilbao Viscaya Argentaria by 51.6% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 51,126 shares of the bank's stock worth $696,000 after buying an additional 17,403 shares during the period. Whittier Trust Co. boosted its position in Banco Bilbao Viscaya Argentaria by 12.5% during the first quarter. Whittier Trust Co. now owns 159,307 shares of the bank's stock valued at $2,170,000 after purchasing an additional 17,696 shares during the last quarter. Signaturefd LLC raised its holdings in Banco Bilbao Viscaya Argentaria by 5.4% during the first quarter. Signaturefd LLC now owns 126,859 shares of the bank's stock valued at $1,728,000 after buying an additional 6,481 shares in the last quarter. Bleakley Financial Group LLC increased its stake in Banco Bilbao Viscaya Argentaria by 37.3% during the first quarter. Bleakley Financial Group LLC now owns 15,252 shares of the bank's stock valued at $208,000 after acquiring an additional 4,142 shares during the period. Finally, New York State Common Retirement Fund acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the 1st quarter worth approximately $3,081,000. Institutional investors and hedge funds own 2.96% of the company's stock.

Analyst Ratings Changes

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

Banco Bilbao Viscaya Argentaria Stock Down 0.3%

Shares of BBVA stock opened at $14.86 on Friday. The firm has a market capitalization of $86.72 billion, a P/E ratio of 7.86, a P/E/G ratio of 1.17 and a beta of 1.06. The stock's fifty day simple moving average is $15.15 and its 200 day simple moving average is $13.52. Banco Bilbao Viscaya Argentaria S.A. has a twelve month low of $9.23 and a twelve month high of $16.00.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The bank reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. Banco Bilbao Viscaya Argentaria had a net margin of 28.85% and a return on equity of 17.97%. The business had revenue of $10.61 billion during the quarter, compared to the consensus estimate of $9.12 billion. 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.

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