Natixis Advisors LLC Sells 354,339 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

Natixis Advisors LLC decreased its position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 32.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 721,341 shares of the bank’s stock after selling 354,339 shares during the period. Natixis Advisors LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $16,814,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Root Financial Partners LLC boosted its stake in Banco Bilbao Viscaya Argentaria by 59.6% in the 4th quarter. Root Financial Partners LLC now owns 1,141 shares of the bank’s stock worth $27,000 after purchasing an additional 426 shares in the last quarter. a16z Perennial Management L.P. boosted its stake in Banco Bilbao Viscaya Argentaria by 13.2% in the 4th quarter. a16z Perennial Management L.P. now owns 13,150 shares of the bank’s stock worth $307,000 after purchasing an additional 1,536 shares in the last quarter. AdvisorShares Investments LLC boosted its stake in Banco Bilbao Viscaya Argentaria by 1.2% in the 4th quarter. AdvisorShares Investments LLC now owns 93,555 shares of the bank’s stock worth $2,181,000 after purchasing an additional 1,135 shares in the last quarter. Norges Bank bought a new position in Banco Bilbao Viscaya Argentaria in the 4th quarter worth about $7,692,000. Finally, Basepoint Wealth LLC bought a new position in Banco Bilbao Viscaya Argentaria in the 4th quarter worth about $26,000. Institutional investors own 2.96% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on BBVA shares. Zacks Research cut shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 10th. Weiss Ratings cut shares of Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Wall Street Zen cut shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Barclays cut shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. Finally, UBS Group restated a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Banco Bilbao Viscaya Argentaria Trading Down 2.7%

Banco Bilbao Viscaya Argentaria stock opened at $22.22 on Friday. The firm has a 50 day moving average of $22.33 and a 200 day moving average of $22.69. The firm has a market capitalization of $126.82 billion, a price-to-earnings ratio of 10.58, a P/E/G ratio of 0.60 and a beta of 0.81. Banco Bilbao Viscaya Argentaria S.A. has a 12-month low of $14.63 and a 12-month high of $26.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last released its earnings results on Tuesday, March 31st. The bank reported $0.59 earnings per share (EPS) for the quarter. The company had revenue of $12.33 billion during the quarter. Banco Bilbao Viscaya Argentaria had a net margin of 28.21% and a return on equity of 17.65%. On average, analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 2.26 EPS for the current year.

About Banco Bilbao Viscaya Argentaria

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) is a Spanish multinational financial services group headquartered in Bilbao, Spain. The bank traces its roots to several historic regional banks and was formed through a series of mergers that consolidated its position as one of Spain’s largest banking groups. BBVA operates as a universal bank offering a broad range of financial services to retail, corporate and institutional clients.

BBVA’s core businesses include retail and commercial banking, corporate and investment banking, private banking and wealth management, asset management, and insurance.