Perigon Wealth Management LLC Increases Stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Perigon Wealth Management LLC lifted its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 8.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,632 shares of the bank’s stock after buying an additional 1,640 shares during the quarter. Perigon Wealth Management LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the business. AQR Capital Management LLC lifted its position in Banco Bilbao Vizcaya Argentaria by 35.6% during the second quarter. AQR Capital Management LLC now owns 42,258 shares of the bank’s stock valued at $424,000 after purchasing an additional 11,100 shares during the period. NewEdge Advisors LLC lifted its position in Banco Bilbao Vizcaya Argentaria by 198.3% during the second quarter. NewEdge Advisors LLC now owns 91,450 shares of the bank’s stock valued at $917,000 after purchasing an additional 60,797 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new position in Banco Bilbao Vizcaya Argentaria during the second quarter valued at $520,000. Truist Financial Corp lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 0.4% in the 2nd quarter. Truist Financial Corp now owns 373,859 shares of the bank’s stock worth $3,750,000 after acquiring an additional 1,531 shares during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 40.2% in the 2nd quarter. Cetera Investment Advisers now owns 154,015 shares of the bank’s stock worth $1,545,000 after acquiring an additional 44,131 shares during the last quarter. Institutional investors own 2.96% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Down 3.4 %

BBVA stock opened at $11.35 on Monday. The firm has a 50 day moving average of $10.17 and a 200 day moving average of $10.21. The stock has a market capitalization of $66.23 billion, a PE ratio of 6.52, a price-to-earnings-growth ratio of 0.73 and a beta of 1.27. Banco Bilbao Vizcaya Argentaria, S.A. has a 52 week low of $9.23 and a 52 week high of $12.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a net margin of 28.55% and a return on equity of 17.13%. On average, equities research analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.68 earnings per share for the current 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.