SG Trading Solutions LLC Invests $1.81 Million in Banco Bilbao Viscaya Argentaria S.A. $BBVA

SG Trading Solutions LLC acquired a new stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 77,726 shares of the bank’s stock, valued at approximately $1,812,000.

Several other hedge funds have also recently added to or reduced their stakes in BBVA. Basepoint Wealth LLC acquired a new stake in Banco Bilbao Viscaya Argentaria during the 4th quarter valued at $26,000. Root Financial Partners LLC grew its holdings 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 valued at $27,000 after buying an additional 426 shares during the period. Harbour Investments Inc. increased 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 worth $29,000 after purchasing an additional 575 shares during the last quarter. TD Waterhouse Canada Inc. raised its stake 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 worth $30,000 after purchasing an additional 440 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the 4th quarter valued at $31,000. 2.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Banco Bilbao Viscaya Argentaria Stock Up 0.2%

Banco Bilbao Viscaya Argentaria stock opened at $24.52 on Friday. The firm has a fifty day moving average of $22.68 and a 200-day moving average of $22.86. Banco Bilbao Viscaya Argentaria S.A. has a 52-week low of $14.63 and a 52-week high of $26.20. The firm has a market capitalization of $140.00 billion, a P/E ratio of 11.68, a PEG ratio of 0.61 and a beta of 0.81.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Tuesday, March 31st. The bank reported $0.59 earnings per share for the quarter. Banco Bilbao Viscaya Argentaria had a net margin of 28.21% and a return on equity of 17.65%. The firm had revenue of $12.33 billion during the quarter. On average, research analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 2.38 EPS 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.