GAMMA Investing LLC Boosts Stock Position in Banco Bilbao Viscaya Argentaria S.A. $BBVA

GAMMA Investing LLC raised its stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 24.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,095 shares of the bank’s stock after acquiring an additional 3,960 shares during the period. GAMMA Investing LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $309,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Private Trust Co. NA raised its stake in shares of Banco Bilbao Viscaya Argentaria by 224.7% during the 1st quarter. Private Trust Co. NA now owns 2,607 shares of the bank’s stock worth $36,000 after buying an additional 1,804 shares in the last quarter. Bessemer Group Inc. raised its stake in shares of Banco Bilbao Viscaya Argentaria by 25.3% during the 1st quarter. Bessemer Group Inc. now owns 3,901 shares of the bank’s stock worth $53,000 after buying an additional 787 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new position in shares of Banco Bilbao Viscaya Argentaria during the 1st quarter worth approximately $209,000. Wealth Enhancement Advisory Services LLC raised its stake in shares of Banco Bilbao Viscaya Argentaria by 3.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,767 shares of the bank’s stock worth $474,000 after buying an additional 1,222 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its stake in shares of Banco Bilbao Viscaya Argentaria by 9.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 42,774 shares of the bank’s stock worth $589,000 after buying an additional 3,708 shares in the last quarter. 2.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BBVA has been the subject of a number of analyst reports. Wall Street Zen downgraded Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday, July 12th. Barclays raised Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a research note on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Banco Bilbao Viscaya Argentaria currently has an average rating of “Buy”.

Banco Bilbao Viscaya Argentaria Stock Performance

NYSE BBVA opened at $19.29 on Friday. Banco Bilbao Viscaya Argentaria S.A. has a 1-year low of $9.23 and a 1-year high of $19.41. The company has a market capitalization of $112.61 billion, a P/E ratio of 10.15, a PEG ratio of 0.99 and a beta of 1.20. The business has a 50 day moving average price of $18.02 and a 200 day moving average price of $15.69. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.01 and a quick ratio of 1.01.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Thursday, July 31st. The bank reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.05. Banco Bilbao Viscaya Argentaria had a return on equity of 17.61% and a net margin of 29.17%.The firm had revenue of $10.30 billion during the quarter, compared to the consensus estimate of $10.24 billion. Sell-side analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Viscaya 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.