Blue Trust Inc. Increases Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Blue Trust Inc. grew its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 33.9% during the fourth quarter, HoldingsChannel reports. The fund owned 86,827 shares of the bank’s stock after purchasing an additional 21,961 shares during the period. Blue Trust Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $844,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in BBVA. AdvisorNet Financial Inc lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 5.5% in the 4th quarter. AdvisorNet Financial Inc now owns 21,044 shares of the bank’s stock valued at $205,000 after purchasing an additional 1,100 shares during the last quarter. Chickasaw Capital Management LLC lifted its stake in Banco Bilbao Vizcaya Argentaria by 2.6% in the fourth quarter. Chickasaw Capital Management LLC now owns 43,769 shares of the bank’s stock valued at $425,000 after buying an additional 1,115 shares during the last quarter. Baron Wealth Management LLC boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 4.8% in the third quarter. Baron Wealth Management LLC now owns 25,236 shares of the bank’s stock valued at $274,000 after acquiring an additional 1,166 shares during the period. Truist Financial Corp increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 0.4% in the 2nd quarter. Truist Financial Corp now owns 373,859 shares of the bank’s stock valued at $3,750,000 after acquiring an additional 1,531 shares during the period. Finally, Werba Rubin Papier Wealth Management raised its position in Banco Bilbao Vizcaya Argentaria by 9.9% in the 3rd quarter. Werba Rubin Papier Wealth Management now owns 18,726 shares of the bank’s stock valued at $203,000 after purchasing an additional 1,689 shares during the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Price Performance

Banco Bilbao Vizcaya Argentaria stock opened at $11.54 on Thursday. The business has a 50 day simple moving average of $10.06 and a 200-day simple moving average of $10.18. Banco Bilbao Vizcaya Argentaria, S.A. has a 12 month low of $9.21 and a 12 month high of $12.20. The stock has a market capitalization of $67.34 billion, a PE ratio of 6.63, a price-to-earnings-growth ratio of 0.68 and a beta of 1.27.

About Banco Bilbao Vizcaya 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.