Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) is Altrius Capital Management Inc’s 3rd Largest Position

Altrius Capital Management Inc raised its position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 1.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 848,065 shares of the bank’s stock after purchasing an additional 12,537 shares during the quarter. Banco Bilbao Vizcaya Argentaria accounts for about 2.2% of Altrius Capital Management Inc’s investment portfolio, making the stock its 3rd largest position. Altrius Capital Management Inc’s holdings in Banco Bilbao Vizcaya Argentaria were worth $8,506,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Russell Investments Group Ltd. grew its position in shares of Banco Bilbao Vizcaya Argentaria by 139.8% during the fourth quarter. Russell Investments Group Ltd. now owns 3,906 shares of the bank’s stock worth $36,000 after purchasing an additional 2,277 shares in the last quarter. Principal Securities Inc. purchased a new stake in Banco Bilbao Vizcaya Argentaria during the 4th quarter valued at approximately $78,000. Dimensional Fund Advisors LP raised its position in shares of Banco Bilbao Vizcaya Argentaria by 2.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 10,355,974 shares of the bank’s stock valued at $94,342,000 after buying an additional 290,673 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 33.2% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 66,725 shares of the bank’s stock worth $608,000 after buying an additional 16,615 shares in the last quarter. Finally, Franklin Resources Inc. boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 1.0% during the fourth quarter. Franklin Resources Inc. now owns 176,047 shares of the bank’s stock worth $1,604,000 after acquiring an additional 1,658 shares during the last quarter. 2.96% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Banco Bilbao Vizcaya Argentaria Stock Up 0.7 %

Banco Bilbao Vizcaya Argentaria stock opened at $10.54 on Thursday. The company’s 50-day moving average price is $10.34 and its 200-day moving average price is $10.64. The company has a market cap of $61.53 billion, a PE ratio of 7.17, a price-to-earnings-growth ratio of 0.97 and a beta of 1.30. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $7.72 and a twelve 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 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.03. The company had revenue of $9.93 billion for the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 16.40% and a net margin of 27.55%. During the same period in the previous year, the firm earned $0.36 earnings per share. As a group, sell-side analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.7 earnings per share for the current fiscal year.

About Banco Bilbao Vizcaya Argentaria

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.