Capital Wealth Planning LLC Sells 115,032 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Capital Wealth Planning LLC trimmed its position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 26.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 317,588 shares of the bank’s stock after selling 115,032 shares during the period. Capital Wealth Planning LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $3,185,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Capital Research Global Investors boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 56.2% in the 1st quarter. Capital Research Global Investors now owns 233,631 shares of the bank’s stock valued at $2,766,000 after buying an additional 84,063 shares in the last quarter. Deltec Asset Management LLC acquired a new stake in Banco Bilbao Vizcaya Argentaria in the 2nd quarter worth approximately $928,000. BNP Paribas Financial Markets boosted its stake in Banco Bilbao Vizcaya Argentaria by 169.8% in the 4th quarter. BNP Paribas Financial Markets now owns 497,463 shares of the bank’s stock worth $4,532,000 after purchasing an additional 313,065 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Banco Bilbao Vizcaya Argentaria by 2.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 10,355,974 shares of the bank’s stock worth $94,342,000 after purchasing an additional 290,673 shares in the last quarter. Finally, Norden Group LLC acquired a new stake in Banco Bilbao Vizcaya Argentaria in the 1st quarter worth approximately $979,000. 2.96% of the stock is currently owned by institutional investors.

Banco Bilbao Vizcaya Argentaria Stock Up 2.1 %

Shares of BBVA opened at $10.30 on Monday. Banco Bilbao Vizcaya Argentaria, S.A. has a 52-week low of $7.59 and a 52-week high of $12.20. The firm’s fifty day moving average is $10.33 and its two-hundred day moving average is $10.63. The stock has a market cap of $60.13 billion, a PE ratio of 7.01, a price-to-earnings-growth ratio of 0.97 and a beta of 1.30.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Thursday, August 1st. The bank reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.03. The firm had revenue of $9.93 billion for the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 27.55% and a return on equity of 16.40%. During the same period in the previous year, the firm posted $0.36 EPS. As a group, research analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.7 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. BNP Paribas cut shares of Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research note on Wednesday, June 12th. Royal Bank of Canada upgraded shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research note on Wednesday, July 31st. Finally, Citigroup upgraded shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research note on Friday, August 9th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Profile

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.