Claro Advisors LLC Grows Stock Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Claro Advisors LLC raised its position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 36.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,452 shares of the bank’s stock after acquiring an additional 8,987 shares during the quarter. Claro Advisors LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $396,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Mercer Global Advisors Inc. ADV increased its position in shares of Banco Bilbao Vizcaya Argentaria by 3.1% during the third quarter. Mercer Global Advisors Inc. ADV now owns 743,200 shares of the bank’s stock valued at $5,983,000 after buying an additional 22,426 shares during the period. Integrated Wealth Concepts LLC increased its position in shares of Banco Bilbao Vizcaya Argentaria by 5.8% during the third quarter. Integrated Wealth Concepts LLC now owns 322,187 shares of the bank’s stock valued at $2,594,000 after buying an additional 17,788 shares during the period. Penserra Capital Management LLC increased its position in shares of Banco Bilbao Vizcaya Argentaria by 96.9% during the third quarter. Penserra Capital Management LLC now owns 182,259 shares of the bank’s stock valued at $1,467,000 after buying an additional 89,683 shares during the period. American Century Companies Inc. increased its position in shares of Banco Bilbao Vizcaya Argentaria by 10.0% during the third quarter. American Century Companies Inc. now owns 1,497,485 shares of the bank’s stock valued at $12,055,000 after buying an additional 136,314 shares during the period. Finally, Wellington Management Group LLP increased its position in shares of Banco Bilbao Vizcaya Argentaria by 2.0% during the third quarter. Wellington Management Group LLP now owns 6,312,586 shares of the bank’s stock valued at $50,816,000 after buying an additional 122,652 shares during the period. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Wall Street Analysts Forecast Growth

BBVA has been the topic of several research analyst reports. BNP Paribas cut shares of Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research report on Wednesday, June 12th. Barclays lowered shares of Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a research note on Monday, March 25th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Banco Bilbao Vizcaya Argentaria Price Performance

NYSE:BBVA traded up $0.11 during mid-day trading on Monday, hitting $10.14. 1,571,680 shares of the company’s stock were exchanged, compared to its average volume of 1,572,627. Banco Bilbao Vizcaya Argentaria, S.A. has a one year low of $7.38 and a one year high of $12.20. The business has a fifty day moving average price of $10.57 and a 200 day moving average price of $10.25. The company has a market cap of $59.20 billion, a PE ratio of 6.90, a P/E/G ratio of 0.83 and a beta of 1.32.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its quarterly earnings data on Monday, April 29th. The bank reported $0.40 EPS for the quarter, topping the consensus estimate of $0.35 by $0.05. Banco Bilbao Vizcaya Argentaria had a net margin of 26.90% and a return on equity of 15.34%. The business had revenue of $8.92 billion for the quarter. On average, equities analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.61 EPS for the current fiscal year.

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.