Keybank National Association OH Sells 52,939 Shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA)

Keybank National Association OH decreased its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 31.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 117,048 shares of the bank's stock after selling 52,939 shares during the quarter. Keybank National Association OH's holdings in Banco Bilbao Viscaya Argentaria were worth $1,594,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Bessemer Group Inc. lifted its stake in Banco Bilbao Viscaya Argentaria by 25.3% in the first quarter. Bessemer Group Inc. now owns 3,901 shares of the bank's stock valued at $53,000 after buying an additional 787 shares during the period. American Century Companies Inc. lifted its holdings in shares of Banco Bilbao Viscaya Argentaria by 7.5% during the 4th quarter. American Century Companies Inc. now owns 2,226,849 shares of the bank's stock valued at $21,645,000 after purchasing an additional 156,006 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new position in shares of Banco Bilbao Viscaya Argentaria during the 1st quarter valued at about $209,000. LPL Financial LLC lifted its holdings in shares of Banco Bilbao Viscaya Argentaria by 189.4% during the 4th quarter. LPL Financial LLC now owns 397,979 shares of the bank's stock valued at $3,868,000 after purchasing an additional 260,472 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Banco Bilbao Viscaya Argentaria by 17.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 444,961 shares of the bank's stock valued at $4,325,000 after purchasing an additional 67,431 shares in the last quarter. Institutional investors and hedge funds own 2.96% of the company's stock.

Analyst Upgrades and Downgrades

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

Banco Bilbao Viscaya Argentaria Stock Performance

NYSE BBVA opened at $15.64 on Friday. The stock has a market capitalization of $91.31 billion, a price-to-earnings ratio of 8.28, a PEG ratio of 1.54 and a beta of 1.06. The stock's 50 day moving average price is $14.94 and its two-hundred day moving average price is $13.20. Banco Bilbao Viscaya Argentaria S.A. has a 52 week low of $9.23 and a 52 week high of $15.67.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last released its earnings results on Tuesday, April 29th. The bank reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. The firm had revenue of $10.61 billion for the quarter, compared to analysts' expectations of $9.12 billion. Banco Bilbao Viscaya Argentaria had a return on equity of 17.97% and a net margin of 28.85%. On average, equities research analysts forecast 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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