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

New York State Common Retirement Fund purchased a new stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 226,248 shares of the bank's stock, valued at approximately $3,081,000.

Several other institutional investors and hedge funds have also recently modified their holdings of BBVA. Kathmere Capital Management LLC grew its position in shares of Banco Bilbao Viscaya Argentaria by 15.9% in the first quarter. Kathmere Capital Management LLC now owns 51,865 shares of the bank's stock valued at $706,000 after purchasing an additional 7,122 shares in the last quarter. Diversify Wealth Management LLC grew its position in shares of Banco Bilbao Viscaya Argentaria by 8.9% in the first quarter. Diversify Wealth Management LLC now owns 112,171 shares of the bank's stock valued at $1,575,000 after purchasing an additional 9,129 shares in the last quarter. Leavell Investment Management Inc. lifted its holdings in Banco Bilbao Viscaya Argentaria by 97.5% in the first quarter. Leavell Investment Management Inc. now owns 55,258 shares of the bank's stock valued at $753,000 after acquiring an additional 27,275 shares during the last quarter. Greenleaf Trust lifted its holdings in Banco Bilbao Viscaya Argentaria by 2.0% in the first quarter. Greenleaf Trust now owns 80,553 shares of the bank's stock valued at $1,097,000 after acquiring an additional 1,593 shares during the last quarter. Finally, Valeo Financial Advisors LLC lifted its holdings in Banco Bilbao Viscaya Argentaria by 14.2% in the first quarter. Valeo Financial Advisors LLC now owns 17,317 shares of the bank's stock valued at $236,000 after acquiring an additional 2,158 shares during the last quarter. Hedge funds and other institutional investors own 2.96% of the company's stock.

Banco Bilbao Viscaya Argentaria Stock Performance

BBVA stock opened at $14.86 on Wednesday. The stock has a market capitalization of $86.72 billion, a P/E ratio of 7.86, a PEG ratio of 1.15 and a beta of 1.06. Banco Bilbao Viscaya Argentaria S.A. has a one year low of $9.23 and a one year high of $16.00. The company has a 50 day moving average price of $15.16 and a two-hundred day moving average price of $13.61.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The bank reported $0.47 earnings per share (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 company had revenue of $10.61 billion during the quarter, compared to analysts' expectations of $9.12 billion. Research analysts forecast that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. Two equities research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.