Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. decreased its position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 47.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 48,422 shares of the bank's stock after selling 43,906 shares during the quarter. Envestnet Portfolio Solutions Inc.'s holdings in Banco Bilbao Viscaya Argentaria were worth $660,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Huntington National Bank lifted its stake in shares of Banco Bilbao Viscaya Argentaria by 96.7% during the 4th quarter. Huntington National Bank now owns 3,616 shares of the bank's stock worth $35,000 after purchasing an additional 1,778 shares during the period. IFP Advisors Inc increased its stake in Banco Bilbao Viscaya Argentaria by 20.7% in the fourth quarter. IFP Advisors Inc now owns 5,420 shares of the bank's stock valued at $53,000 after purchasing an additional 930 shares during the last quarter. Quinn Opportunity Partners LLC acquired a new position in Banco Bilbao Viscaya Argentaria in the fourth quarter valued at $97,000. Xponance Inc. purchased a new position in Banco Bilbao Viscaya Argentaria during the fourth quarter worth about $102,000. Finally, Choate Investment Advisors acquired a new stake in Banco Bilbao Viscaya Argentaria in the 4th quarter worth about $105,000. 2.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of Banco Bilbao Viscaya Argentaria from a "hold" rating to a "buy" rating in a research note on Saturday. One equities research analyst has rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, Banco Bilbao Viscaya Argentaria has a consensus rating of "Buy".

Banco Bilbao Viscaya Argentaria Trading Up 0.6%

Shares of BBVA traded up $0.09 during mid-day trading on Monday, reaching $15.36. The company had a trading volume of 1,067,431 shares, compared to its average volume of 1,899,317. Banco Bilbao Viscaya Argentaria S.A. has a fifty-two week low of $9.23 and a fifty-two week high of $15.67. The firm has a fifty day simple moving average of $14.78 and a 200-day simple moving average of $13.03. The stock has a market cap of $89.67 billion, a price-to-earnings ratio of 8.13, a price-to-earnings-growth ratio of 1.51 and a beta of 1.08.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last issued its earnings results on Tuesday, April 29th. The bank reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. Banco Bilbao Viscaya Argentaria had a return on equity of 17.97% and a net margin of 28.85%. The business had revenue of $10.61 billion for the quarter, compared to analyst estimates of $9.12 billion. As a group, equities analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current fiscal year.

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.