Whittier Trust Co. Grows Holdings in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA)

Whittier Trust Co. raised its holdings in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 12.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 159,307 shares of the bank's stock after acquiring an additional 17,696 shares during the quarter. 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 and other institutional investors have also recently bought and sold shares of the business. Symmetry Investments LP acquired a new stake in shares of Banco Bilbao Viscaya Argentaria during the fourth quarter worth $27,647,000. Northern Trust Corp increased its stake in Banco Bilbao Viscaya Argentaria by 48.6% in the 4th 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 last quarter. Millennium Management LLC increased its stake in Banco Bilbao Viscaya Argentaria by 514.5% in the 4th quarter. Millennium Management LLC now owns 951,350 shares of the bank's stock valued at $9,247,000 after buying an additional 796,526 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Banco Bilbao Viscaya Argentaria in the 4th quarter valued at $7,333,000. Finally, Bank of America Corp DE increased its stake in Banco Bilbao Viscaya Argentaria by 13.7% in 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 last quarter. 2.96% of the stock is owned by institutional investors.

Banco Bilbao Viscaya Argentaria Price Performance

Shares of BBVA traded down $0.08 during trading hours on Friday, hitting $14.77. 1,230,254 shares of the stock were exchanged, compared to its average volume of 1,996,539. The firm has a market capitalization of $86.23 billion, a P/E ratio of 7.81, a price-to-earnings-growth ratio of 1.16 and a beta of 1.06. The business has a 50-day moving average of $15.16 and a 200-day moving average of $13.55. Banco Bilbao Viscaya Argentaria S.A. has a fifty-two week low of $9.23 and a fifty-two week high of $16.00.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last released 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. Banco Bilbao Viscaya Argentaria had a net margin of 28.85% and a return on equity of 17.97%. The company had revenue of $10.61 billion for the quarter, compared to analyst estimates of $9.12 billion. As a group, analysts forecast that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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 investment analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has an average 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.