Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Shares Acquired by Gallacher Capital Management LLC

Gallacher Capital Management LLC increased its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 7.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 52,622 shares of the bank’s stock after acquiring an additional 3,647 shares during the quarter. Gallacher Capital Management LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $528,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Optiver Holding B.V. acquired a new position in shares of Banco Bilbao Vizcaya Argentaria during the 4th quarter worth approximately $4,309,000. BNP Paribas Financial Markets grew its holdings in Banco Bilbao Vizcaya Argentaria by 169.8% in the 4th quarter. BNP Paribas Financial Markets now owns 497,463 shares of the bank’s stock valued at $4,532,000 after buying an additional 313,065 shares in the last quarter. Raymond James & Associates increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 266.0% in the 2nd quarter. Raymond James & Associates now owns 406,418 shares of the bank’s stock worth $4,076,000 after acquiring an additional 295,378 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 2.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 10,355,974 shares of the bank’s stock worth $94,342,000 after acquiring an additional 290,673 shares during the period. Finally, Capital World Investors acquired a new position in shares of Banco Bilbao Vizcaya Argentaria during the 4th quarter valued at about $1,537,000. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Trading Down 2.6 %

Shares of BBVA opened at $9.87 on Friday. The firm has a market cap of $57.62 billion, a P/E ratio of 6.71, a price-to-earnings-growth ratio of 1.04 and a beta of 1.32. The company’s 50-day moving average price is $10.36 and its 200 day moving average price is $10.63. Banco Bilbao Vizcaya Argentaria, S.A. has a 12-month low of $7.41 and a 12-month high of $12.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its quarterly earnings data on Thursday, August 1st. The bank reported $0.51 EPS for the quarter, topping the consensus estimate of $0.48 by $0.03. The firm had revenue of $9.93 billion for the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 27.55% and a return on equity of 16.40%. During the same quarter in the prior year, the company posted $0.36 earnings per share. Equities research analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.7 earnings per share for the current year.

Analyst Ratings Changes

BBVA has been the topic of a number of analyst reports. Royal Bank of Canada raised shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research note on Wednesday, July 31st. Citigroup upgraded shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a report on Friday, August 9th. Finally, BNP Paribas cut Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a report on Wednesday, June 12th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya 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.