Clarius Group LLC Acquires 16,617 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

Key Points

• Clarius Group LLC increased its position in Banco Bilbao Viscaya Argentaria S.A. by 67.6%, acquiring an additional 16,617 shares, bringing its total holdings to 41,213 shares valued at $633,000.
• Banco Bilbao Viscaya Argentaria reported quarterly earnings of $0.52 per share, exceeding analysts' expectations of $0.47, with a net margin of 29.17% and revenue of $10.30 billion.
• Analysts have mixed ratings on Banco Bilbao Viscaya Argentaria, with one analyst giving a Strong Buy, two a Buy, and one a Hold, resulting in a consensus rating of Buy.

Clarius Group LLC lifted its position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 67.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,213 shares of the bank's stock after acquiring an additional 16,617 shares during the period. Clarius Group LLC's holdings in Banco Bilbao Viscaya Argentaria were worth $633,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Focus Partners Wealth raised its position in shares of Banco Bilbao Viscaya Argentaria by 4.3% in the 1st quarter. Focus Partners Wealth now owns 17,923 shares of the bank's stock valued at $244,000 after acquiring an additional 732 shares during the period. Beverly Hills Private Wealth LLC raised its position in shares of Banco Bilbao Viscaya Argentaria by 3.5% in the 1st quarter. Beverly Hills Private Wealth LLC now owns 22,114 shares of the bank's stock valued at $301,000 after acquiring an additional 740 shares during the period. Manchester Capital Management LLC raised its position in shares of Banco Bilbao Viscaya Argentaria by 19.2% in 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 period. UMB Bank n.a. raised its position in shares of Banco Bilbao Viscaya Argentaria by 12.8% in the 2nd quarter. UMB Bank n.a. now owns 6,574 shares of the bank's stock valued at $101,000 after acquiring an additional 748 shares during the period. Finally, One Wealth Advisors LLC raised its position in shares of Banco Bilbao Viscaya Argentaria by 2.4% in the 2nd quarter. One Wealth Advisors LLC now owns 32,976 shares of the bank's stock valued at $507,000 after acquiring an additional 758 shares during the period. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of BBVA stock opened at $19.23 on Monday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.01 and a current ratio of 1.01. The company has a market capitalization of $112.23 billion, a P/E ratio of 10.12, a price-to-earnings-growth ratio of 1.02 and a beta of 1.19. The company's 50 day moving average price is $18.42 and its two-hundred day moving average price is $15.88. Banco Bilbao Viscaya Argentaria S.A. has a 52 week low of $9.23 and a 52 week high of $19.42.

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 (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.05. Banco Bilbao Viscaya Argentaria had a net margin of 29.17% and a return on equity of 17.61%. The company had revenue of $10.30 billion for the quarter, compared to the consensus estimate of $10.24 billion. On average, 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

A number of analysts recently weighed in on the stock. Weiss Ratings reiterated a "buy (b)" rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Saturday, September 27th. Wall Street Zen downgraded shares of Banco Bilbao Viscaya Argentaria from a "buy" rating to a "hold" rating in a report on Saturday, July 12th. Finally, Barclays upgraded shares of Banco Bilbao Viscaya Argentaria from an "equal weight" rating to an "overweight" rating in a report on Thursday, August 7th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus 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.

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