Banco Bilbao Viscaya Argentaria S.A. $BBVA Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 790.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,788 shares of the bank's stock after acquiring an additional 31,770 shares during the period. Northwestern Mutual Wealth Management Co.'s holdings in Banco Bilbao Viscaya Argentaria were worth $487,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Alpine Bank Wealth Management acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the 1st quarter valued at $29,000. Private Trust Co. NA boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 224.7% in the 1st quarter. Private Trust Co. NA now owns 2,607 shares of the bank's stock valued at $36,000 after buying an additional 1,804 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the 1st quarter valued at $46,000. Bessemer Group Inc. boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 25.3% in the 1st quarter. Bessemer Group Inc. now owns 3,901 shares of the bank's stock valued at $53,000 after buying an additional 787 shares in the last quarter. Finally, Manchester Capital Management LLC boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 19.2% in the 1st quarter. Manchester Capital Management LLC now owns 4,643 shares of the bank's stock valued at $63,000 after buying an additional 748 shares in the last quarter. Institutional investors and hedge funds own 2.96% of the company's stock.

Banco Bilbao Viscaya Argentaria Stock Performance

Banco Bilbao Viscaya Argentaria stock traded down $0.17 during trading hours on Friday, reaching $18.30. 1,507,970 shares of the stock were exchanged, compared to its average volume of 1,353,390. The stock has a market cap of $106.81 billion, a P/E ratio of 9.63, a P/E/G ratio of 1.45 and a beta of 1.20. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.01 and a current ratio of 1.01. Banco Bilbao Viscaya Argentaria S.A. has a 52-week low of $9.23 and a 52-week high of $19.39. The firm's 50 day moving average is $16.90 and its 200 day moving average is $15.10.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The bank reported $0.52 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.05. The company had revenue of $10.30 billion during the quarter, compared to the consensus estimate of $10.24 billion. Banco Bilbao Viscaya Argentaria had a net margin of 29.17% and a return on equity of 17.61%. Analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Wall Street Zen cut shares of Banco Bilbao Viscaya Argentaria from a "buy" rating to a "hold" rating in a report on Saturday, July 12th. Barclays upgraded shares of Banco Bilbao Viscaya Argentaria from an "equal weight" rating to an "overweight" rating in a report on Thursday, August 7th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy".

About Banco Bilbao Viscaya Argentaria

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.