Pacer Advisors Inc. trimmed its position in shares of Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) by 11.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 231,170 shares of the bank’s stock after selling 28,632 shares during the period. Pacer Advisors Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $1,285,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Avestar Capital LLC increased its holdings in Banco Bilbao Vizcaya Argentaria by 9.8% during the first quarter. Avestar Capital LLC now owns 22,515 shares of the bank’s stock worth $110,000 after buying an additional 2,001 shares during the last quarter. Lindbrook Capital LLC increased its holdings in Banco Bilbao Vizcaya Argentaria by 30.8% during the second quarter. Lindbrook Capital LLC now owns 9,146 shares of the bank’s stock worth $50,000 after buying an additional 2,156 shares during the last quarter. Wells Fargo & Company MN increased its holdings in Banco Bilbao Vizcaya Argentaria by 0.3% during the second quarter. Wells Fargo & Company MN now owns 783,145 shares of the bank’s stock worth $4,354,000 after buying an additional 2,422 shares during the last quarter. Veritable L.P. increased its holdings in Banco Bilbao Vizcaya Argentaria by 22.8% during the second quarter. Veritable L.P. now owns 13,422 shares of the bank’s stock worth $75,000 after buying an additional 2,494 shares during the last quarter. Finally, South Texas Money Management Ltd. increased its holdings in Banco Bilbao Vizcaya Argentaria by 26.6% during the second quarter. South Texas Money Management Ltd. now owns 12,830 shares of the bank’s stock worth $71,000 after buying an additional 2,697 shares during the last quarter. Institutional investors and hedge funds own 2.86% of the company’s stock.

A number of equities analysts recently weighed in on the stock. ValuEngine downgraded shares of Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “strong sell” rating in a report on Wednesday, September 4th. Zacks Investment Research raised shares of Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “hold” rating in a research report on Monday, August 5th. HSBC raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Thursday, August 22nd. Credit Suisse Group cut shares of Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research report on Wednesday, June 12th. Finally, Societe Generale cut shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “sell” rating in a research report on Wednesday, June 26th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. Banco Bilbao Vizcaya Argentaria currently has a consensus rating of “Hold” and an average target price of $6.75.

BBVA stock traded up $0.11 during midday trading on Friday, reaching $5.36. 302,155 shares of the company were exchanged, compared to its average volume of 3,501,434. The business has a 50-day moving average price of $4.92 and a two-hundred day moving average price of $5.58. Banco Bilbao Vizcaya Argentaria SA has a one year low of $4.62 and a one year high of $6.78. The firm has a market capitalization of $35.51 billion, a price-to-earnings ratio of 6.09, a price-to-earnings-growth ratio of 3.12 and a beta of 1.01.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Wednesday, July 31st. The bank reported $0.19 EPS for the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 23.08% and a return on equity of 9.62%. The firm had revenue of $6.65 billion during the quarter, compared to analysts’ expectations of $6.58 billion. On average, research analysts expect that Banco Bilbao Vizcaya Argentaria SA will post 0.72 EPS for the current year.

Banco Bilbao Vizcaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. The company accepts various deposits, such as current and savings accounts, term deposits, subordinated deposits, and other accounts. It also offers loan products; and foreclosed real-estate assets from residential mortgages and developers, as well as lending to developers.

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Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria (NYSE:BBVA)

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