Sei Investments Co. grew its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA – Free Report) by 6.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 419,930 shares of the bank’s stock after purchasing an additional 25,540 shares during the period. Sei Investments Co.’s holdings in Banco Bilbao Viscaya Argentaria were worth $9,095,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in BBVA. JCIC Asset Management Inc. bought a new position in Banco Bilbao Viscaya Argentaria during the fourth quarter valued at about $3,075,000. Tudor Investment Corp ET AL bought a new stake in shares of Banco Bilbao Viscaya Argentaria in the 3rd quarter worth approximately $1,632,000. Global Retirement Partners LLC lifted its position in shares of Banco Bilbao Viscaya Argentaria by 120.9% in the 4th quarter. Global Retirement Partners LLC now owns 76,788 shares of the bank’s stock worth $1,790,000 after acquiring an additional 42,026 shares during the period. Advisors Preferred LLC acquired a new stake in shares of Banco Bilbao Viscaya Argentaria during the 1st quarter worth approximately $778,000. Finally, Diversify Wealth Management LLC grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 42.4% during the 1st quarter. Diversify Wealth Management LLC now owns 185,755 shares of the bank’s stock worth $3,955,000 after purchasing an additional 55,304 shares in the last quarter. Institutional investors own 2.96% of the company’s stock.
Banco Bilbao Viscaya Argentaria Price Performance
BBVA stock opened at $27.89 on Friday. The business has a fifty day moving average price of $24.63 and a 200 day moving average price of $23.44. Banco Bilbao Viscaya Argentaria S.A. has a fifty-two week low of $16.44 and a fifty-two week high of $28.05. The stock has a market capitalization of $159.25 billion, a price-to-earnings ratio of 12.68, a P/E/G ratio of 0.79 and a beta of 0.80.
Analysts Set New Price Targets
A number of research analysts recently commented on the company. Weiss Ratings lowered Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th. UBS Group reiterated a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, April 20th. Wall Street Zen lowered shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Barclays cut shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. Finally, Bank of America lowered shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 15th. One investment analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Banco Bilbao Viscaya Argentaria presently has a consensus rating of “Hold”.
View Our Latest Research Report on Banco Bilbao Viscaya Argentaria
About Banco Bilbao Viscaya Argentaria
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.
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