US Bancorp DE Sells 39,191 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

US Bancorp DE cut its holdings in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 5.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 742,660 shares of the bank’s stock after selling 39,191 shares during the period. US Bancorp DE’s holdings in Banco Bilbao Viscaya Argentaria were worth $14,296,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Navigoe LLC purchased a new stake in shares of Banco Bilbao Viscaya Argentaria during the 3rd quarter valued at about $26,000. Cornerstone Planning Group LLC lifted its position in Banco Bilbao Viscaya Argentaria by 183.2% during the third quarter. Cornerstone Planning Group LLC now owns 1,597 shares of the bank’s stock valued at $32,000 after purchasing an additional 1,033 shares during the period. Twin Peaks Wealth Advisors LLC bought a new position in Banco Bilbao Viscaya Argentaria during the second quarter valued at approximately $30,000. Westside Investment Management Inc. grew its position in Banco Bilbao Viscaya Argentaria by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 2,316 shares of the bank’s stock worth $45,000 after purchasing an additional 1,158 shares during the period. Finally, Salomon & Ludwin LLC raised its stake in Banco Bilbao Viscaya Argentaria by 2,989.5% during the 3rd quarter. Salomon & Ludwin LLC now owns 2,348 shares of the bank’s stock valued at $45,000 after buying an additional 2,272 shares during the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Zacks Research upgraded Banco Bilbao Viscaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. Wall Street Zen raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Royal Bank Of Canada downgraded Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 28th. Finally, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Trading Down 2.4%

Banco Bilbao Viscaya Argentaria stock opened at $23.10 on Friday. Banco Bilbao Viscaya Argentaria S.A. has a 12-month low of $11.59 and a 12-month high of $26.20. The firm has a market capitalization of $133.10 billion, a price-to-earnings ratio of 11.72, a P/E/G ratio of 0.58 and a beta of 0.80. The firm has a 50 day moving average of $24.04 and a 200 day moving average of $21.37.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its quarterly earnings results on Thursday, February 5th. The bank reported $0.50 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.50. The business had revenue of $11.49 billion during the quarter, compared to analyst estimates of $10.74 billion. Banco Bilbao Viscaya Argentaria had a net margin of 28.43% and a return on equity of 17.29%. On average, analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current year.

Banco Bilbao Viscaya Argentaria 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.