New York State Common Retirement Fund Acquires New Position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA)

New York State Common Retirement Fund bought a new stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 226,248 shares of the bank's stock, valued at approximately $3,081,000.

Several other hedge funds have also made changes to their positions in BBVA. Alpine Bank Wealth Management acquired a new position in shares of Banco Bilbao Viscaya Argentaria during the first quarter worth about $29,000. Huntington National Bank grew its stake in Banco Bilbao Viscaya Argentaria by 96.7% in the fourth quarter. Huntington National Bank now owns 3,616 shares of the bank's stock worth $35,000 after purchasing an additional 1,778 shares in the last quarter. Private Trust Co. NA raised its position in shares of Banco Bilbao Viscaya Argentaria by 224.7% during the 1st 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. boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 25.3% during the first quarter. Bessemer Group Inc. now owns 3,901 shares of the bank's stock valued at $53,000 after acquiring an additional 787 shares during the period. Finally, Wayfinding Financial LLC acquired a new stake in shares of Banco Bilbao Viscaya Argentaria in the first quarter valued at approximately $72,000. Institutional investors and hedge funds own 2.96% of the company's stock.

Banco Bilbao Viscaya Argentaria Stock Up 1.4%

BBVA traded up $0.22 during trading on Friday, reaching $15.45. The stock had a trading volume of 1,631,335 shares, compared to its average volume of 2,413,711. The firm has a market capitalization of $90.17 billion, a price-to-earnings ratio of 8.17, a price-to-earnings-growth ratio of 1.21 and a beta of 1.06. Banco Bilbao Viscaya Argentaria S.A. has a 1-year low of $9.23 and a 1-year high of $16.00. The stock has a 50 day moving average of $15.19 and a two-hundred day moving average of $13.76.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last posted its quarterly earnings data 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 net margin of 28.85% and a return on equity of 17.97%. The firm had revenue of $10.61 billion for the quarter, compared to analysts' expectations of $9.12 billion. On average, research analysts forecast that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Wall Street Zen cut Banco Bilbao Viscaya Argentaria from a "buy" rating to a "hold" rating in a research note on Saturday, July 12th. Two equities research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy".

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.