Banco Bilbao Viscaya Argentaria S.A. $BBVA Shares Sold by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC decreased its stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 4.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,340,369 shares of the bank’s stock after selling 69,137 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $31,244,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Archford Capital Strategies LLC bought a new stake in shares of Banco Bilbao Viscaya Argentaria in the 4th quarter valued at approximately $3,286,000. JPMorgan Chase & Co. lifted its stake in Banco Bilbao Viscaya Argentaria by 6.5% during the third quarter. JPMorgan Chase & Co. now owns 4,846,150 shares of the bank’s stock worth $93,288,000 after purchasing an additional 297,752 shares during the last quarter. Rathbones Group PLC boosted its holdings in Banco Bilbao Viscaya Argentaria by 250.8% in the third quarter. Rathbones Group PLC now owns 246,151 shares of the bank’s stock worth $4,738,000 after purchasing an additional 175,976 shares during the period. Caprock Group LLC bought a new stake in Banco Bilbao Viscaya Argentaria during the third quarter valued at $3,114,000. Finally, JCIC Asset Management Inc. bought a new stake in Banco Bilbao Viscaya Argentaria during the fourth quarter valued at $3,075,000. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Banco Bilbao Viscaya Argentaria Stock Up 0.6%

Shares of Banco Bilbao Viscaya Argentaria stock opened at $22.35 on Tuesday. The business has a fifty day simple moving average of $22.36 and a 200-day simple moving average of $22.72. Banco Bilbao Viscaya Argentaria S.A. has a fifty-two week low of $14.63 and a fifty-two week high of $26.20. The firm has a market cap of $127.58 billion, a price-to-earnings ratio of 10.64, a price-to-earnings-growth ratio of 0.58 and a beta of 0.81.

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

Wall Street Analyst Weigh In

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

Banco Bilbao Viscaya Argentaria Company Profile

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.