206,440 Shares in Banco Bilbao Viscaya Argentaria S.A. $BBVA Bought by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky purchased a new stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) during the first quarter, HoldingsChannel reports. The fund purchased 206,440 shares of the bank’s stock, valued at approximately $4,471,000.

Several other institutional investors have also bought and sold shares of BBVA. Archford Capital Strategies LLC bought a new position in shares of Banco Bilbao Viscaya Argentaria in the 4th quarter valued at about $3,286,000. JPMorgan Chase & Co. increased its stake in Banco Bilbao Viscaya Argentaria by 6.5% during the third quarter. JPMorgan Chase & Co. now owns 4,846,150 shares of the bank’s stock worth $93,288,000 after acquiring an additional 297,752 shares during the last quarter. JCIC Asset Management Inc. purchased a new stake in Banco Bilbao Viscaya Argentaria during the fourth quarter valued at approximately $3,075,000. Tudor Investment Corp ET AL purchased a new stake in Banco Bilbao Viscaya Argentaria during the third quarter valued at approximately $1,632,000. Finally, SG Americas Securities LLC lifted its stake in shares of Banco Bilbao Viscaya Argentaria by 319.3% in the 4th quarter. SG Americas Securities LLC now owns 290,064 shares of the bank’s stock valued at $6,761,000 after purchasing an additional 220,892 shares during the last quarter. Institutional investors own 2.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on BBVA shares. Barclays cut Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Weiss Ratings downgraded Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. UBS Group reaffirmed a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, April 20th. Finally, Wall Street Zen cut shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. One analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Banco Bilbao Viscaya Argentaria Stock Performance

BBVA opened at $25.67 on Wednesday. The stock’s 50 day moving average price is $23.59 and its 200-day moving average price is $23.20. Banco Bilbao Viscaya Argentaria S.A. has a one year low of $14.63 and a one year high of $26.40. The stock has a market cap of $146.55 billion, a price-to-earnings ratio of 12.22, a P/E/G ratio of 0.63 and a beta of 0.80.

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