Flow Traders U.S. LLC Buys 24,183 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

Key Points

• Flow Traders U.S. LLC increased its stake in Banco Bilbao Viscaya Argentaria S.A. by 189.5%, acquiring an additional 24,183 shares and raising its total holdings to 36,943 shares valued at approximately $503,000.
• Banco Bilbao Viscaya Argentaria S.A. reported $0.52 earnings per share for its last quarter, exceeding expectations of $0.47, and had a revenue of $10.30 billion compared to the anticipated $10.24 billion.
• Recent analyst ratings for Banco Bilbao Viscaya Argentaria include a downgrade from "buy" to "hold" by Wall Street Zen, while Barclays upgraded it from "equal weight" to "overweight," resulting in an average rating of "Buy."

Flow Traders U.S. LLC raised its holdings in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 189.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,943 shares of the bank's stock after buying an additional 24,183 shares during the quarter. Flow Traders U.S. LLC's holdings in Banco Bilbao Viscaya Argentaria were worth $503,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of BBVA. Northern Trust Corp increased its holdings in Banco Bilbao Viscaya Argentaria by 48.6% in the 4th quarter. Northern Trust Corp now owns 7,418,877 shares of the bank's stock valued at $72,111,000 after buying an additional 2,424,880 shares during the period. Millennium Management LLC increased its holdings in Banco Bilbao Viscaya Argentaria by 514.5% in the 4th 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 period. Bank of America Corp DE increased its holdings 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 valued at $49,654,000 after buying an additional 613,563 shares during the period. Lesa Sroufe & Co bought a new stake in Banco Bilbao Viscaya Argentaria in the 1st quarter valued at $4,261,000. Finally, Bank of New York Mellon Corp increased its holdings in Banco Bilbao Viscaya Argentaria by 59.9% in the 1st quarter. Bank of New York Mellon Corp now owns 673,748 shares of the bank's stock valued at $9,176,000 after buying an additional 252,492 shares during the period. Institutional investors own 2.96% of the company's stock.

Banco Bilbao Viscaya Argentaria Price Performance

Shares of BBVA traded down $0.03 during trading hours on Friday, hitting $18.13. The stock had a trading volume of 860,882 shares, compared to its average volume of 1,493,124. The company's fifty day moving average is $16.59 and its two-hundred day moving average is $14.95. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.01 and a quick ratio of 1.01. Banco Bilbao Viscaya Argentaria S.A. has a 52 week low of $9.23 and a 52 week high of $19.39. The stock has a market capitalization of $105.81 billion, a price-to-earnings ratio of 9.54, a P/E/G ratio of 1.42 and a beta of 1.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last posted its earnings results on Thursday, July 31st. The bank reported $0.52 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $10.30 billion for the quarter, compared to analyst estimates of $10.24 billion. On average, analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on BBVA shares. 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. Barclays raised 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, one has assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy".

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.