Weatherstone Capital Management Takes Position in Banco Bilbao Vizcaya Argentaria SA (BBVA)

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Weatherstone Capital Management purchased a new position in shares of Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 933,465 shares of the bank’s stock, valued at approximately $5,881,000. Banco Bilbao Vizcaya Argentaria accounts for 2.0% of Weatherstone Capital Management’s holdings, making the stock its 12th largest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of Montreal Can grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 9.1% during the third quarter. Bank of Montreal Can now owns 823,894 shares of the bank’s stock worth $5,191,000 after purchasing an additional 68,406 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 1.4% during the third quarter. Fisher Asset Management LLC now owns 44,132,247 shares of the bank’s stock worth $278,033,000 after purchasing an additional 592,236 shares in the last quarter. Sawtooth Solutions LLC grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 30.6% during the third quarter. Sawtooth Solutions LLC now owns 67,530 shares of the bank’s stock worth $426,000 after purchasing an additional 15,820 shares in the last quarter. Reliance Trust Co. of Delaware purchased a new position in shares of Banco Bilbao Vizcaya Argentaria during the third quarter worth about $134,000. Finally, Moody National Bank Trust Division purchased a new position in shares of Banco Bilbao Vizcaya Argentaria during the third quarter worth about $335,000. Institutional investors and hedge funds own 2.95% of the company’s stock.

BBVA stock traded down $0.03 during midday trading on Tuesday, hitting $5.86. The company had a trading volume of 49,648 shares, compared to its average volume of 3,742,012. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.25 and a current ratio of 1.09. Banco Bilbao Vizcaya Argentaria SA has a 52 week low of $4.99 and a 52 week high of $8.82. The company has a market capitalization of $38.41 billion, a P/E ratio of 6.66, a PEG ratio of 3.45 and a beta of 0.96.

Several brokerages have recently commented on BBVA. Zacks Investment Research raised Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “hold” rating in a report on Thursday, February 14th. HSBC lowered Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Tuesday, January 15th. Finally, ValuEngine raised Banco Bilbao Vizcaya Argentaria from a “strong sell” rating to a “sell” rating in a report on Wednesday, January 2nd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $7.02.

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Banco Bilbao Vizcaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. The company accepts various deposits, such as current and savings accounts, fixed-term deposits, subordinated deposits, and other accounts. It also offers loan products; and foreclosed real-estate assets from residential mortgages and developers, as well as lending to developers.

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Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria (NYSE:BBVA)

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