Banco Bilbao Viscaya Argentaria S.A. $BBVA Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP boosted its position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 23.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,223,071 shares of the bank’s stock after buying an additional 231,330 shares during the period. Quantinno Capital Management LP’s holdings in Banco Bilbao Viscaya Argentaria were worth $26,492,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the business. Basepoint Wealth LLC acquired a new stake in Banco Bilbao Viscaya Argentaria during the 4th quarter valued at approximately $26,000. Root Financial Partners LLC increased its stake in shares of Banco Bilbao Viscaya Argentaria by 59.6% in the fourth quarter. Root Financial Partners LLC now owns 1,141 shares of the bank’s stock worth $27,000 after acquiring an additional 426 shares during the period. Whipplewood Advisors LLC purchased a new position in shares of Banco Bilbao Viscaya Argentaria during the first quarter worth $27,000. Harbour Investments Inc. lifted its position in Banco Bilbao Viscaya Argentaria by 84.1% during the fourth quarter. Harbour Investments Inc. now owns 1,259 shares of the bank’s stock valued at $29,000 after purchasing an additional 575 shares during the period. Finally, TD Waterhouse Canada Inc. lifted its position in Banco Bilbao Viscaya Argentaria by 50.9% during the fourth quarter. TD Waterhouse Canada Inc. now owns 1,304 shares of the bank’s stock valued at $30,000 after purchasing an additional 440 shares during the period. 2.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Wall Street Zen downgraded Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Barclays cut Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Bank of America downgraded Banco Bilbao Viscaya Argentaria from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 15th. Weiss Ratings cut Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Finally, UBS Group reissued a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, April 20th. One investment analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold”.

Banco Bilbao Viscaya Argentaria Stock Performance

BBVA stock opened at $27.89 on Friday. Banco Bilbao Viscaya Argentaria S.A. has a one year low of $16.44 and a one year high of $28.05. The firm’s fifty day moving average is $24.63 and its 200 day moving average is $23.44. The firm has a market cap of $159.25 billion, a PE ratio of 12.68, a P/E/G ratio of 0.78 and a beta of 0.80.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its quarterly earnings data on Tuesday, June 30th. The bank reported $0.62 earnings per share for the quarter. Banco Bilbao Viscaya Argentaria had a net margin of 27.75% and a return on equity of 18.24%. The business had revenue of $11.99 billion during the quarter. Research analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 2.35 earnings per share for the current fiscal year.

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.