Vestmark Advisory Solutions Inc. Acquires 17,021 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Vestmark Advisory Solutions Inc. increased its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 140.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,153 shares of the bank’s stock after buying an additional 17,021 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $283,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. IFP Advisors Inc raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 20.7% during the fourth quarter. IFP Advisors Inc now owns 5,420 shares of the bank’s stock worth $53,000 after buying an additional 930 shares during the last quarter. AdvisorNet Financial Inc raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 5.5% during the fourth quarter. AdvisorNet Financial Inc now owns 21,044 shares of the bank’s stock worth $205,000 after buying an additional 1,100 shares during the last quarter. Chickasaw Capital Management LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 2.6% during the fourth quarter. Chickasaw Capital Management LLC now owns 43,769 shares of the bank’s stock worth $425,000 after buying an additional 1,115 shares during the last quarter. Baron Wealth Management LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 4.8% during the third quarter. Baron Wealth Management LLC now owns 25,236 shares of the bank’s stock worth $274,000 after buying an additional 1,166 shares during the last quarter. Finally, Checchi Capital Advisers LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 3.6% during the fourth quarter. Checchi Capital Advisers LLC now owns 38,717 shares of the bank’s stock worth $376,000 after buying an additional 1,344 shares during the last quarter. 2.96% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. StockNews.com raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Friday. Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. Finally, Kepler Capital Markets raised shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research note on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, one has given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria currently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Up 2.1 %

Shares of NYSE:BBVA opened at $14.15 on Monday. The company has a market capitalization of $82.58 billion, a PE ratio of 7.81, a PEG ratio of 0.80 and a beta of 1.26. Banco Bilbao Vizcaya Argentaria, S.A. has a 52 week low of $9.23 and a 52 week high of $14.28. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01. The company has a 50 day moving average price of $11.65 and a two-hundred day moving average price of $10.63.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a net margin of 28.10% and a return on equity of 17.49%. Analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current year.

Banco Bilbao Vizcaya Argentaria Company 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.