27,578 Shares in Banco Bilbao Viscaya Argentaria S.A. $BBVA Purchased by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio purchased a new stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 27,578 shares of the bank’s stock, valued at approximately $691,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Barclays PLC boosted its stake in Banco Bilbao Viscaya Argentaria by 1,819.7% during the fourth quarter. Barclays PLC now owns 3,616,734 shares of the bank’s stock worth $84,306,000 after acquiring an additional 3,428,336 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 28.0% during the second quarter. Bank of America Corp DE now owns 9,288,196 shares of the bank’s stock valued at $142,760,000 after buying an additional 2,034,318 shares during the last quarter. Millennium Management LLC increased its position in shares of Banco Bilbao Viscaya Argentaria by 373.4% during the third quarter. Millennium Management LLC now owns 768,243 shares of the bank’s stock valued at $14,789,000 after acquiring an additional 605,947 shares in the last quarter. Tudor Investment Corp ET AL raised its holdings in Banco Bilbao Viscaya Argentaria by 532.8% in the 4th quarter. Tudor Investment Corp ET AL now owns 536,417 shares of the bank’s stock worth $12,504,000 after acquiring an additional 451,650 shares during the last quarter. Finally, Royal Bank of Canada lifted its position in Banco Bilbao Viscaya Argentaria by 42.1% in the 4th quarter. Royal Bank of Canada now owns 1,481,671 shares of the bank’s stock valued at $34,539,000 after acquiring an additional 439,098 shares in the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Price Performance

Shares of NYSE:BBVA opened at $29.05 on Thursday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.77. The stock has a market capitalization of $162.10 billion, a PE ratio of 13.20, a price-to-earnings-growth ratio of 0.77 and a beta of 0.80. The firm’s 50 day moving average price is $27.51 and its 200-day moving average price is $24.29. Banco Bilbao Viscaya Argentaria S.A. has a twelve month low of $17.90 and a twelve month high of $29.64.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its earnings results on Tuesday, June 30th. The bank reported $0.62 EPS for the quarter. Banco Bilbao Viscaya Argentaria had a net margin of 27.75% and a return on equity of 18.05%. The business had revenue of $11.99 billion during the quarter. Equities research analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 2.42 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on BBVA shares. Keefe, Bruyette & Woods downgraded Banco Bilbao Viscaya Argentaria from a “moderate buy” rating to a “hold” rating in a report on Wednesday, August 12th. Wall Street Zen raised shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Friday, July 31st. Finally, Bank of America downgraded shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 15th. One analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Banco Bilbao Viscaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA (NYSE: BBVA) is a global financial services group headquartered in Bilbao, Spain. The bank provides retail and commercial banking, corporate and investment banking, asset management, private banking, payments and insurance-related services to individuals, businesses, institutions and public-sector customers.

BBVA traces its origins to Banco de Bilbao, founded in 1857. The modern group was formed through the merger of Banco Bilbao Vizcaya and Argentaria in 1999.