18,620 Shares in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Purchased by Private Advisor Group LLC

Key Points

• Private Advisor Group LLC invested approximately $254,000 in Banco Bilbao Viscaya Argentaria S.A. by purchasing 18,620 shares during the 1st quarter, as noted in their recent SEC filing.
• Several hedge funds, including Private Trust Co. NA and Bessemer Group Inc., have increased their holdings in Banco Bilbao Viscaya Argentaria, indicating growing institutional interest.
• Banco Bilbao Viscaya Argentaria reported $0.52 earnings per share for the last quarter, beating expectations, and has a projected earnings per share of 1.59 for the current year.

Private Advisor Group LLC purchased a new stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 18,620 shares of the bank's stock, valued at approximately $254,000.

Other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP increased its stake in shares of Banco Bilbao Viscaya Argentaria by 1.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 11,481,085 shares of the bank's stock valued at $111,596,000 after buying an additional 163,044 shares during the period. Northern Trust Corp increased its stake in shares of Banco Bilbao Viscaya Argentaria by 48.6% in the fourth quarter. Northern Trust Corp now owns 7,418,877 shares of the bank's stock valued at $72,111,000 after buying an additional 2,424,880 shares during the period. Bank of America Corp DE increased its stake in shares of Banco Bilbao Viscaya Argentaria by 13.7% in the fourth quarter. Bank of America Corp DE now owns 5,108,410 shares of the bank's stock valued at $49,654,000 after buying an additional 613,563 shares during the period. Symmetry Investments LP acquired a new stake in Banco Bilbao Viscaya Argentaria during the fourth quarter worth approximately $27,647,000. Finally, Crossmark Global Holdings Inc. grew its stake in Banco Bilbao Viscaya Argentaria by 5.8% during the first quarter. Crossmark Global Holdings Inc. now owns 1,296,544 shares of the bank's stock worth $17,659,000 after purchasing an additional 71,217 shares during the period. Institutional investors and hedge funds own 2.96% of the company's stock.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of NYSE BBVA traded up $0.45 during mid-day trading on Wednesday, hitting $17.73. The company had a trading volume of 1,329,497 shares, compared to its average volume of 2,375,506. The company has a market capitalization of $103.48 billion, a price-to-earnings ratio of 9.33, a P/E/G ratio of 1.34 and a beta of 1.12. Banco Bilbao Viscaya Argentaria S.A. has a 1 year low of $9.23 and a 1 year high of $17.75. The company has a current ratio of 1.01, a quick ratio of 0.22 and a debt-to-equity ratio of 1.18. The stock's 50-day moving average price is $15.33 and its 200-day moving average price is $14.04.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The bank reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.05. The company had revenue of $10.30 billion during the quarter, compared to analysts' expectations of $10.24 billion. Banco Bilbao Viscaya Argentaria had a return on equity of 17.61% and a net margin of 29.17%. On average, sell-side analysts forecast that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a "buy" rating to a "hold" rating in a report on Saturday, July 12th.

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.