Crossmark Global Holdings Inc. Buys 71,217 Shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA)

Crossmark Global Holdings Inc. increased its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 5.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,296,544 shares of the bank's stock after acquiring an additional 71,217 shares during the period. Crossmark Global Holdings Inc.'s holdings in Banco Bilbao Viscaya Argentaria were worth $17,659,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Alpine Bank Wealth Management bought a new stake in Banco Bilbao Viscaya Argentaria during the first quarter worth approximately $29,000. Private Trust Co. NA boosted its holdings in 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. Huntington National Bank boosted its holdings in Banco Bilbao Viscaya Argentaria by 96.7% during the fourth quarter. Huntington National Bank now owns 3,616 shares of the bank's stock worth $35,000 after buying an additional 1,778 shares in the last quarter. Bessemer Group Inc. boosted its holdings in Banco Bilbao Viscaya Argentaria by 25.3% during the first quarter. Bessemer Group Inc. now owns 3,901 shares of the bank's stock worth $53,000 after buying an additional 787 shares in the last quarter. Finally, Wayfinding Financial LLC bought a new stake in Banco Bilbao Viscaya Argentaria during the first quarter worth approximately $72,000. 2.96% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of Banco Bilbao Viscaya Argentaria from a "hold" rating to a "buy" rating in a report on Saturday, June 28th. One analyst has rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Banco Bilbao Viscaya Argentaria has a consensus rating of "Buy".

Banco Bilbao Viscaya Argentaria Price Performance

NYSE:BBVA traded down $0.23 during midday trading on Monday, reaching $15.40. The stock had a trading volume of 4,911,681 shares, compared to its average volume of 1,921,629. Banco Bilbao Viscaya Argentaria S.A. has a 1-year low of $9.23 and a 1-year high of $15.67. The firm's fifty day simple moving average is $14.94 and its 200-day simple moving average is $13.22. The stock has a market capitalization of $89.90 billion, a P/E ratio of 8.15, a PEG ratio of 1.54 and a beta of 1.06.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last posted its earnings results on Tuesday, April 29th. The bank reported $0.47 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates 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 analyst estimates of $9.12 billion. On average, equities research analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current fiscal year.

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.