EverSource Wealth Advisors LLC Has $380,000 Stock Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

EverSource Wealth Advisors LLC increased its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 4.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,118 shares of the bank’s stock after purchasing an additional 1,456 shares during the period. EverSource Wealth Advisors LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $380,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Cetera Advisors LLC acquired a new position in Banco Bilbao Vizcaya Argentaria in the first quarter worth about $191,000. Atria Investments Inc increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 2.6% during the first quarter. Atria Investments Inc now owns 165,132 shares of the bank’s stock worth $1,949,000 after buying an additional 4,154 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the first quarter worth approximately $134,000. Dynasty Wealth Management LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the first quarter worth approximately $829,000. Finally, Bayesian Capital Management LP acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the first quarter worth approximately $211,000. Institutional investors and hedge funds own 2.96% of the company’s stock.

Wall Street Analyst Weigh In

BBVA has been the subject of several recent analyst reports. BNP Paribas lowered shares of Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a report on Wednesday, June 12th. Royal Bank of Canada raised shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Banco Bilbao Vizcaya Argentaria currently has a consensus rating of “Hold”.

Banco Bilbao Vizcaya Argentaria Trading Down 2.2 %

Shares of Banco Bilbao Vizcaya Argentaria stock traded down $0.22 during midday trading on Friday, reaching $9.68. The company had a trading volume of 1,419,964 shares, compared to its average volume of 1,174,167. Banco Bilbao Vizcaya Argentaria, S.A. has a 1-year low of $7.41 and a 1-year high of $12.20. The company has a market capitalization of $56.51 billion, a price-to-earnings ratio of 6.60, a price-to-earnings-growth ratio of 1.00 and a beta of 1.32. The stock has a fifty day simple moving average of $10.40 and a 200 day simple moving average of $10.48.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings data on Thursday, August 1st. The bank reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.03. Banco Bilbao Vizcaya Argentaria had a net margin of 27.55% and a return on equity of 22.05%. The firm had revenue of $9.93 billion for the quarter. During the same period in the previous year, the business posted $0.36 earnings per share. Sell-side analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.65 earnings per share for the current year.

Banco Bilbao Vizcaya 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.