Marks Group Wealth Management Inc Has $930,000 Stock Holdings in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA)

Marks Group Wealth Management Inc cut its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 23.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 68,299 shares of the bank's stock after selling 21,181 shares during the quarter. Marks Group Wealth Management Inc's holdings in Banco Bilbao Viscaya Argentaria were worth $930,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Private Trust Co. NA lifted its stake 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 purchasing an additional 1,804 shares during the period. Bessemer Group Inc. grew its holdings in Banco Bilbao Viscaya Argentaria by 25.3% during the 1st quarter. Bessemer Group Inc. now owns 3,901 shares of the bank's stock worth $53,000 after acquiring an additional 787 shares during the period. American Century Companies Inc. grew its holdings in 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 worth $21,645,000 after acquiring an additional 156,006 shares during the period. Elevation Point Wealth Partners LLC acquired a new stake in Banco Bilbao Viscaya Argentaria during the 1st quarter worth $209,000. Finally, LPL Financial LLC grew its holdings in Banco Bilbao Viscaya Argentaria by 189.4% during the 4th quarter. LPL Financial LLC now owns 397,979 shares of the bank's stock worth $3,868,000 after acquiring an additional 260,472 shares during the period. 2.96% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, 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. Two analysts have rated the stock with a hold rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Banco Bilbao Viscaya Argentaria presently has an average rating of "Buy".

Banco Bilbao Viscaya Argentaria Trading Down 0.3%

Shares of BBVA stock traded down $0.05 on Thursday, hitting $14.86. The stock had a trading volume of 1,354,574 shares, compared to its average volume of 1,994,738. The firm has a market cap of $86.72 billion, a P/E ratio of 7.86, a PEG ratio of 1.17 and a beta of 1.06. Banco Bilbao Viscaya Argentaria S.A. has a twelve month low of $9.23 and a twelve month high of $16.00. The company has a fifty day moving average price of $15.15 and a two-hundred day moving average price of $13.52.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The bank reported $0.47 EPS for the quarter, meeting the consensus estimate 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 analysts' expectations of $9.12 billion. On average, analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share 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.