Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Shares Sold by Callan Family Office LLC

Key Points

• Callan Family Office LLC reduced its stake in Banco Bilbao Viscaya Argentaria S.A. by 13.2%, selling 21,316 shares and retaining a total of 139,830 shares valued at approximately $1.9 million.
• Several investors increased their stakes, including Northern Trust Corp, which raised their position by 48.6%, owning over 7.4 million shares.
• Analysts have mixed opinions, with Wall Street Zen downgrading the stock from "buy" to "hold," while Barclays upgraded it from "equal weight" to "overweight."

Callan Family Office LLC trimmed its holdings in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 13.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 139,830 shares of the bank's stock after selling 21,316 shares during the period. Callan Family Office LLC's holdings in Banco Bilbao Viscaya Argentaria were worth $1,904,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Alpine Bank Wealth Management purchased a new position in shares of Banco Bilbao Viscaya Argentaria during the 1st quarter valued at approximately $29,000. Private Trust Co. NA grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 224.7% during the first quarter. Private Trust Co. NA now owns 2,607 shares of the bank's stock worth $36,000 after buying an additional 1,804 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new position in shares of Banco Bilbao Viscaya Argentaria during the 1st quarter valued at about $46,000. Bessemer Group Inc. boosted its position in shares of Banco Bilbao Viscaya Argentaria by 25.3% during the 1st quarter. Bessemer Group Inc. now owns 3,901 shares of the bank's stock valued at $53,000 after acquiring an additional 787 shares during the last quarter. Finally, Manchester Capital Management LLC boosted its position in shares of Banco Bilbao Viscaya Argentaria by 19.2% during the 1st quarter. Manchester Capital Management LLC now owns 4,643 shares of the bank's stock valued at $63,000 after acquiring an additional 748 shares during the last quarter. 2.96% of the stock is owned by hedge funds and other institutional investors.

Banco Bilbao Viscaya Argentaria Stock Up 0.9%

Banco Bilbao Viscaya Argentaria stock traded up $0.18 during mid-day trading on Friday, hitting $19.23. The company had a trading volume of 1,093,065 shares, compared to its average volume of 1,867,023. The stock has a market cap of $112.26 billion, a price-to-earnings ratio of 10.12, a PEG ratio of 1.51 and a beta of 1.12. Banco Bilbao Viscaya Argentaria S.A. has a 1 year low of $9.23 and a 1 year high of $19.39. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.18. The business has a fifty day moving average of $15.88 and a 200 day moving average of $14.45.

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

Wall Street Analyst Weigh In

BBVA has been the topic of a number of recent analyst reports. Barclays raised shares of Banco Bilbao Viscaya Argentaria from an "equal weight" rating to an "overweight" rating in a research report on Thursday, August 7th. Wall Street Zen lowered shares of Banco Bilbao Viscaya Argentaria from a "buy" rating to a "hold" rating in a research note on Saturday, July 12th.

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.