Vise Technologies Inc. Takes Position in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Vise Technologies Inc. acquired a new stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 140,432 shares of the bank’s stock, valued at approximately $3,273,000.

Several other hedge funds also recently modified their holdings of the stock. AQR Capital Management LLC increased its stake in Banco Bilbao Viscaya Argentaria by 103.0% during the 1st quarter. AQR Capital Management LLC now owns 125,927 shares of the bank’s stock valued at $1,715,000 after purchasing an additional 63,880 shares in the last quarter. Jane Street Group LLC increased its stake in Banco Bilbao Viscaya Argentaria by 104.6% during the 1st quarter. Jane Street Group LLC now owns 181,639 shares of the bank’s stock valued at $2,474,000 after purchasing an additional 92,843 shares in the last quarter. Focus Partners Wealth increased its stake in Banco Bilbao Viscaya Argentaria by 4.3% during the 1st quarter. Focus Partners Wealth now owns 17,923 shares of the bank’s stock valued at $244,000 after purchasing an additional 732 shares in the last quarter. Sivia Capital Partners LLC increased its stake in Banco Bilbao Viscaya Argentaria by 9.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 24,063 shares of the bank’s stock valued at $370,000 after purchasing an additional 2,090 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its stake in Banco Bilbao Viscaya Argentaria by 44.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 72,881 shares of the bank’s stock valued at $1,120,000 after purchasing an additional 22,284 shares in the last quarter. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of NYSE:BBVA opened at $22.22 on Friday. The company’s 50-day moving average is $22.33 and its 200 day moving average is $22.69. The company has a market capitalization of $126.82 billion, a P/E ratio of 10.58, a price-to-earnings-growth ratio of 0.58 and a beta of 0.81. Banco Bilbao Viscaya Argentaria S.A. has a fifty-two week low of $14.63 and a fifty-two week high of $26.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its quarterly earnings results on Tuesday, March 31st. The bank reported $0.59 earnings per share for the quarter. The company had revenue of $12.33 billion for the quarter. Banco Bilbao Viscaya Argentaria had a net margin of 28.21% and a return on equity of 17.65%. As a group, research analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 2.26 earnings per share for the current year.

Analysts Set New Price Targets

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

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.