Whittier Trust Co. Has $2.17 Million Stock Holdings in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA)

Whittier Trust Co. boosted its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 12.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 159,307 shares of the bank's stock after buying an additional 17,696 shares during the period. Whittier Trust Co.'s holdings in Banco Bilbao Viscaya Argentaria were worth $2,170,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Symmetry Investments LP bought a new stake in Banco Bilbao Viscaya Argentaria during the 4th quarter valued at $27,647,000. Northern Trust Corp raised its stake in shares of Banco Bilbao Viscaya Argentaria by 48.6% during the fourth quarter. Northern Trust Corp now owns 7,418,877 shares of the bank's stock valued at $72,111,000 after purchasing an additional 2,424,880 shares in the last quarter. Millennium Management LLC lifted its holdings in Banco Bilbao Viscaya Argentaria by 514.5% in the fourth quarter. Millennium Management LLC now owns 951,350 shares of the bank's stock worth $9,247,000 after purchasing an additional 796,526 shares during the period. Raymond James Financial Inc. bought a new position in Banco Bilbao Viscaya Argentaria in the 4th quarter valued at about $7,333,000. Finally, Bank of America Corp DE increased its stake in Banco Bilbao Viscaya Argentaria by 13.7% during the 4th 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. 2.96% of the stock is currently owned by institutional investors.

Banco Bilbao Viscaya Argentaria Price Performance

Shares of BBVA traded down $0.08 during midday trading on Friday, reaching $14.77. The stock had a trading volume of 1,230,254 shares, compared to its average volume of 2,002,121. The company has a market capitalization of $86.23 billion, a P/E ratio of 7.81, a P/E/G ratio of 1.16 and a beta of 1.06. The firm's 50 day moving average price is $15.16 and its 200-day moving average price is $13.58. Banco Bilbao Viscaya Argentaria S.A. has a 52 week low of $9.23 and a 52 week high of $16.00.

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

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered shares of Banco Bilbao Viscaya Argentaria from a "buy" rating to a "hold" rating in a research note on Saturday, July 12th. Two research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus 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.