Gallacher Capital Management LLC Buys 1,402 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Gallacher Capital Management LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 2.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 53,581 shares of the bank’s stock after acquiring an additional 1,402 shares during the quarter. Gallacher Capital Management LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $521,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of BBVA. Brooklyn Investment Group boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 120.7% during the 4th quarter. Brooklyn Investment Group now owns 3,540 shares of the bank’s stock worth $34,000 after acquiring an additional 1,936 shares in the last quarter. Barclays PLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth approximately $41,000. Avion Wealth acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at $39,000. Sierra Ocean LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at $49,000. Finally, IFP Advisors Inc boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 20.7% in the 4th quarter. IFP Advisors Inc now owns 5,420 shares of the bank’s stock valued at $53,000 after purchasing an additional 930 shares in the last quarter. 2.96% of the stock is owned by institutional investors and hedge funds.

Banco Bilbao Vizcaya Argentaria Trading Up 4.1 %

NYSE BBVA opened at $14.37 on Friday. The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $9.23 and a twelve month high of $14.38. The company has a market cap of $83.86 billion, a price-to-earnings ratio of 7.94, a price-to-earnings-growth ratio of 0.80 and a beta of 1.26. The business’s fifty day moving average is $12.08 and its 200 day moving average is $10.74.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. As a group, sell-side analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

BBVA has been the topic of several research analyst reports. StockNews.com lowered Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday. Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research note on Thursday, February 27th. Finally, Hsbc Global Res upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria presently has an average rating of “Moderate Buy”.

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.