Cable Hill Partners LLC Makes New Investment in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA)

Cable Hill Partners LLC acquired a new position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,082 shares of the bank's stock, valued at approximately $275,000.

Several other large investors have also recently added to or reduced their stakes in BBVA. Symmetry Investments LP bought a new stake in shares of Banco Bilbao Viscaya Argentaria during the fourth quarter valued at approximately $27,647,000. Northern Trust Corp grew its stake in shares of Banco Bilbao Viscaya Argentaria by 48.6% during the fourth 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 grew its stake in shares of Banco Bilbao Viscaya Argentaria by 514.5% during the fourth 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 stake in shares of Banco Bilbao Viscaya Argentaria during the fourth quarter valued at approximately $7,333,000. Finally, Bank of America Corp DE grew its stake in shares of Banco Bilbao Viscaya Argentaria by 13.7% during 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 during the last quarter. 2.96% of the stock is owned by institutional investors.

Banco Bilbao Viscaya Argentaria Stock Down 0.5%

BBVA stock traded down $0.08 during midday trading on Friday, reaching $14.77. The company's stock had a trading volume of 1,230,254 shares, compared to its average volume of 1,991,693. Banco Bilbao Viscaya Argentaria S.A. has a 52 week low of $9.23 and a 52 week high of $16.00. 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. The business's 50-day simple moving average is $15.15 and its 200-day simple moving average is $13.52.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The bank reported $0.47 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.47. The firm had revenue of $10.61 billion for the quarter, compared to analysts' expectations 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 analysts forecast that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.