Cerity Partners LLC Trims Stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA)

Cerity Partners LLC cut its position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 11.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 345,340 shares of the bank's stock after selling 45,175 shares during the period. Cerity Partners LLC's holdings in Banco Bilbao Viscaya Argentaria were worth $4,704,000 at the end of the most recent quarter.

Several other hedge funds 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 worth $27,647,000. Northern Trust Corp lifted its position in Banco Bilbao Viscaya Argentaria by 48.6% during the 4th quarter. Northern Trust Corp now owns 7,418,877 shares of the bank's stock worth $72,111,000 after acquiring an additional 2,424,880 shares during the period. Millennium Management LLC boosted its position in Banco Bilbao Viscaya Argentaria by 514.5% in the fourth quarter. Millennium Management LLC now owns 951,350 shares of the bank's stock valued at $9,247,000 after buying an additional 796,526 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Banco Bilbao Viscaya Argentaria in the fourth quarter worth $7,333,000. Finally, Bank of America Corp DE boosted its position 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 worth $49,654,000 after purchasing an additional 613,563 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Banco Bilbao Viscaya Argentaria Stock Up 1.2%

Shares of Banco Bilbao Viscaya Argentaria stock opened at $14.92 on Thursday. The firm has a market cap of $87.07 billion, a PE ratio of 7.89, a P/E/G ratio of 1.16 and a beta of 1.06. Banco Bilbao Viscaya Argentaria S.A. has a twelve month low of $9.23 and a twelve month high of $16.00. The business has a 50-day moving average price of $15.14 and a 200 day moving average price of $13.48.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The bank reported $0.47 earnings per share (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 for the quarter, compared to the consensus estimate of $9.12 billion. On average, sell-side analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current year.

Banco Bilbao Viscaya Argentaria Company 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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