Wrapmanager Inc. Has $242,000 Stock Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Wrapmanager Inc. reduced its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 15.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 24,115 shares of the bank’s stock after selling 4,445 shares during the period. Wrapmanager Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $242,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 2.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 10,355,974 shares of the bank’s stock worth $94,342,000 after purchasing an additional 290,673 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 0.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 8,737,599 shares of the bank’s stock worth $79,600,000 after purchasing an additional 30,534 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 24.2% during the 2nd quarter. American Century Companies Inc. now owns 1,890,079 shares of the bank’s stock worth $18,957,000 after purchasing an additional 368,660 shares in the last quarter. O Shaughnessy Asset Management LLC grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 1.5% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,363,752 shares of the bank’s stock worth $16,147,000 after purchasing an additional 20,719 shares in the last quarter. Finally, QRG Capital Management Inc. grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 3.3% during the 2nd quarter. QRG Capital Management Inc. now owns 969,879 shares of the bank’s stock worth $9,728,000 after purchasing an additional 30,645 shares in the last quarter. 2.96% of the stock is owned by institutional investors and hedge funds.

Banco Bilbao Vizcaya Argentaria Stock Up 2.1 %

NYSE:BBVA opened at $10.30 on Friday. The stock’s 50-day simple moving average is $10.33 and its 200 day simple moving average is $10.63. The firm has a market capitalization of $60.13 billion, a PE ratio of 7.01, a price-to-earnings-growth ratio of 0.97 and a beta of 1.30. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $7.59 and a twelve month high of $12.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its earnings results on Thursday, August 1st. The bank reported $0.51 EPS for the quarter, beating the consensus estimate of $0.48 by $0.03. The firm had revenue of $9.93 billion during the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 16.40% and a net margin of 27.55%. During the same quarter in the prior year, the business posted $0.36 earnings per share. On average, analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.7 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently issued reports on BBVA shares. BNP Paribas lowered Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a report on Wednesday, June 12th. Royal Bank of Canada raised Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research note on Wednesday, July 31st. Finally, Citigroup raised Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research note on Friday, August 9th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Banco Bilbao Vizcaya Argentaria presently has a consensus rating of “Moderate Buy”.

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.