Leavell Investment Management Inc. Has $753,000 Stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA)

Leavell Investment Management Inc. raised its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 97.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55,258 shares of the bank's stock after acquiring an additional 27,275 shares during the quarter. Leavell Investment Management Inc.'s holdings in Banco Bilbao Viscaya Argentaria were worth $753,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Symmetry Investments LP acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the fourth quarter valued at approximately $27,647,000. Northern Trust Corp increased its stake in shares of Banco Bilbao Viscaya Argentaria by 48.6% in the fourth 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 stake in shares of Banco Bilbao Viscaya Argentaria by 514.5% in the fourth 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. Raymond James Financial Inc. acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the fourth quarter valued at approximately $7,333,000. Finally, Bank of America Corp DE increased its stake in shares of Banco Bilbao Viscaya Argentaria by 13.7% in the fourth 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. Institutional investors own 2.96% of the company's stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded Banco Bilbao Viscaya Argentaria from a "buy" rating to a "hold" rating in a research note on Saturday. Two analysts have rated the stock with a hold rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Banco Bilbao Viscaya Argentaria has a consensus rating of "Buy".

Banco Bilbao Viscaya Argentaria Trading Down 3.2%

NYSE:BBVA traded down $0.50 on Friday, reaching $15.06. 1,432,391 shares of the stock traded hands, compared to its average volume of 1,962,733. The firm has a market capitalization of $87.92 billion, a price-to-earnings ratio of 7.97, a price-to-earnings-growth ratio of 1.54 and a beta of 1.06. The company's 50 day moving average is $15.10 and its 200-day moving average is $13.37. Banco Bilbao Viscaya Argentaria S.A. has a 1-year low of $9.23 and a 1-year high of $16.00.

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