KG&L Capital Management LLC Buys 4,600 Shares of Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA)

Share on StockTwits

KG&L Capital Management LLC increased its stake in shares of Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) by 40.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,014 shares of the bank’s stock after acquiring an additional 4,600 shares during the quarter. KG&L Capital Management LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $83,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of BBVA. Evolution Wealth Advisors LLC bought a new position in Banco Bilbao Vizcaya Argentaria during the 2nd quarter worth approximately $25,000. Tower Research Capital LLC TRC grew its position in Banco Bilbao Vizcaya Argentaria by 916.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 8,372 shares of the bank’s stock worth $47,000 after acquiring an additional 7,548 shares during the last quarter. Lindbrook Capital LLC grew its position in Banco Bilbao Vizcaya Argentaria by 30.8% during the 2nd quarter. Lindbrook Capital LLC now owns 9,146 shares of the bank’s stock worth $50,000 after acquiring an additional 2,156 shares during the last quarter. Quantamental Technologies LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 2nd quarter worth approximately $52,000. Finally, Boston Private Wealth LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 2nd quarter worth approximately $57,000. Institutional investors and hedge funds own 2.86% of the company’s stock.

A number of brokerages have recently weighed in on BBVA. Berenberg Bank lowered Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Thursday, September 26th. HSBC upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Thursday, August 22nd. Zacks Investment Research upgraded Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “hold” rating in a research report on Wednesday. ValuEngine upgraded Banco Bilbao Vizcaya Argentaria from a “strong sell” rating to a “sell” rating in a research report on Wednesday, October 2nd. Finally, Societe Generale lowered Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “sell” rating in a research report on Wednesday, June 26th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $6.75.

Shares of NYSE BBVA traded up $0.07 during mid-day trading on Friday, hitting $5.17. 415,208 shares of the stock traded hands, compared to its average volume of 3,411,899. Banco Bilbao Vizcaya Argentaria SA has a 52 week low of $4.62 and a 52 week high of $6.44. The company has a market cap of $34.34 billion, a price-to-earnings ratio of 5.91, a PEG ratio of 2.97 and a beta of 1.03. The stock has a fifty day moving average price of $5.01 and a 200-day moving average price of $5.46.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings data on Wednesday, July 31st. The bank reported $0.19 earnings per share (EPS) for the quarter. The business had revenue of $6.65 billion during the quarter, compared to analysts’ expectations of $6.58 billion. Banco Bilbao Vizcaya Argentaria had a return on equity of 9.62% and a net margin of 23.08%. Analysts forecast that Banco Bilbao Vizcaya Argentaria SA will post 0.72 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Profile

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. The company accepts various deposits, such as current and savings accounts, term deposits, subordinated deposits, and other accounts. It also offers loan products; and foreclosed real-estate assets from residential mortgages and developers, as well as lending to developers.

Read More: Short Selling Stocks and Day Traders

Want to see what other hedge funds are holding BBVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA).

Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria (NYSE:BBVA)

Receive News & Ratings for Banco Bilbao Vizcaya Argentaria Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Bilbao Vizcaya Argentaria and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.