Sequoia Financial Advisors LLC Cuts Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Sequoia Financial Advisors LLC trimmed its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 29.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,434 shares of the bank’s stock after selling 25,442 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $607,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of BBVA. OneDigital Investment Advisors LLC boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 65.6% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 33,156 shares of the bank’s stock worth $359,000 after buying an additional 13,134 shares during the last quarter. Thrivent Financial for Lutherans bought a new stake in Banco Bilbao Vizcaya Argentaria in the third quarter worth about $146,000. Baron Wealth Management LLC boosted its stake in Banco Bilbao Vizcaya Argentaria by 4.8% in the third quarter. Baron Wealth Management LLC now owns 25,236 shares of the bank’s stock valued at $274,000 after acquiring an additional 1,166 shares during the last quarter. West Family Investments Inc. grew its position in shares of Banco Bilbao Vizcaya Argentaria by 14.8% during the 3rd quarter. West Family Investments Inc. now owns 31,660 shares of the bank’s stock valued at $343,000 after acquiring an additional 4,083 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 21.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 377,530 shares of the bank’s stock worth $4,092,000 after purchasing an additional 65,852 shares during the last quarter. 2.96% of the stock is currently owned by institutional investors.

Banco Bilbao Vizcaya Argentaria Stock Performance

NYSE:BBVA opened at $14.51 on Tuesday. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $9.23 and a twelve month high of $14.53. The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16. The stock has a market cap of $84.68 billion, a P/E ratio of 8.01, a PEG ratio of 0.80 and a beta of 1.26. The business’s 50-day moving average price is $12.17 and its two-hundred day moving average price is $10.77.

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

Analysts Set New Price Targets

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

Banco Bilbao Vizcaya Argentaria Profile

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.