23,396 Shares in Banco Bilbao Viscaya Argentaria S.A. $BBVA Purchased by Qtron Investments LLC

Key Points

• Qtron Investments LLC invested approximately $319,000 in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by purchasing 23,396 shares during the first quarter.
• Several other investors also increased their stakes in Banco Bilbao Viscaya Argentaria, including Alpine Bank Wealth Management, which acquired $29,000 worth of shares.
• Wall Street analysts have mixed views on the bank, with Barclays upgrading the stock to "overweight," while Wall Street Zen downgraded it to "hold."

Qtron Investments LLC purchased a new position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 23,396 shares of the bank's stock, valued at approximately $319,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BBVA. Alpine Bank Wealth Management purchased a new position in Banco Bilbao Viscaya Argentaria in the 1st quarter valued at about $29,000. Private Trust Co. NA boosted its position in 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 during the last quarter. Cullen Frost Bankers Inc. purchased a new position in Banco Bilbao Viscaya Argentaria in the 1st quarter valued at about $46,000. Bessemer Group Inc. boosted its position 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. Finally, Manchester Capital Management LLC boosted its position in 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 during the last quarter. 2.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have weighed in on BBVA. Wall Street Zen cut shares of Banco Bilbao Viscaya Argentaria from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. Barclays raised shares of Banco Bilbao Viscaya Argentaria from an "equal weight" rating to an "overweight" rating in a research report on Thursday, August 7th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Banco Bilbao Viscaya Argentaria presently has an average rating of "Buy".

Banco Bilbao Viscaya Argentaria Stock Up 1.0%

Shares of Banco Bilbao Viscaya Argentaria stock traded up $0.1850 during trading on Friday, reaching $19.1650. The company had a trading volume of 1,493,900 shares, compared to its average volume of 1,446,309. The company has a market cap of $111.88 billion, a price-to-earnings ratio of 10.09, a price-to-earnings-growth ratio of 1.50 and a beta of 1.12. The firm's fifty day moving average is $16.27 and its 200-day moving average is $14.73. 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 fifty-two week low of $9.23 and a fifty-two week high of $19.39.

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