Penserra Capital Management LLC Buys Shares of 18,088 Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA)

Penserra Capital Management LLC purchased a new stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 18,088 shares of the bank's stock, valued at approximately $246,000.

Other hedge funds have also recently bought and sold shares of the company. Private Trust Co. NA increased its holdings 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 valued at $36,000 after acquiring an additional 1,804 shares during the last quarter. Bessemer Group Inc. grew its holdings in 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 during the last quarter. American Century Companies Inc. grew its holdings in Banco Bilbao Viscaya Argentaria by 7.5% in the 4th quarter. American Century Companies Inc. now owns 2,226,849 shares of the bank's stock valued at $21,645,000 after buying an additional 156,006 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of Banco Bilbao Viscaya Argentaria during the 1st quarter worth approximately $209,000. Finally, LPL Financial LLC grew its holdings in shares of 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 purchasing an additional 260,472 shares in the last quarter. 2.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Banco Bilbao Viscaya Argentaria Trading Down 2.8%

Shares of Banco Bilbao Viscaya Argentaria stock traded down $0.43 during trading on Tuesday, reaching $14.73. The stock had a trading volume of 2,370,535 shares, compared to its average volume of 1,971,225. Banco Bilbao Viscaya Argentaria S.A. has a 52 week low of $9.23 and a 52 week high of $16.00. The company has a market capitalization of $85.99 billion, a price-to-earnings ratio of 7.79, a P/E/G ratio of 1.48 and a beta of 1.06. The stock has a fifty day moving average price of $15.12 and a two-hundred day moving average price of $13.46.

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

Banco Bilbao Viscaya Argentaria 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.