Keybank National Association OH Buys 74,163 Shares of Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA)

Keybank National Association OH increased its stake in Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) by 22.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 398,914 shares of the bank’s stock after purchasing an additional 74,163 shares during the period. Keybank National Association OH’s holdings in Banco Bilbao Vizcaya Argentaria were worth $2,218,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of BBVA. GFS Advisors LLC bought a new position in Banco Bilbao Vizcaya Argentaria in the 1st quarter worth approximately $8,698,000. Parametric Portfolio Associates LLC raised its position in Banco Bilbao Vizcaya Argentaria by 20.2% in the 1st quarter. Parametric Portfolio Associates LLC now owns 4,495,108 shares of the bank’s stock worth $25,757,000 after purchasing an additional 755,725 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Banco Bilbao Vizcaya Argentaria by 30.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 2,429,413 shares of the bank’s stock worth $13,921,000 after purchasing an additional 569,710 shares during the last quarter. Norges Bank bought a new position in Banco Bilbao Vizcaya Argentaria in the 4th quarter worth approximately $2,593,000. Finally, Deutsche Bank AG raised its position in Banco Bilbao Vizcaya Argentaria by 291.3% in the 4th quarter. Deutsche Bank AG now owns 323,554 shares of the bank’s stock worth $1,711,000 after purchasing an additional 240,865 shares during the last quarter. Hedge funds and other institutional investors own 2.64% of the company’s stock.

BBVA has been the subject of several recent research reports. ValuEngine upgraded shares of Banco Bilbao Vizcaya Argentaria from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 1st. Societe Generale cut shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “sell” rating in a research report on Wednesday, June 26th. Credit Suisse Group cut shares of Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research report on Wednesday, June 12th. Finally, Zacks Investment Research upgraded shares of Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “hold” rating in a research report on Monday, August 5th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $6.75.

Shares of BBVA stock opened at $4.82 on Friday. Banco Bilbao Vizcaya Argentaria SA has a 12-month low of $4.65 and a 12-month high of $6.78. The firm has a market capitalization of $31.41 billion, a price-to-earnings ratio of 5.48, a price-to-earnings-growth ratio of 2.81 and a beta of 0.98. The firm has a fifty day moving average of $5.29 and a 200-day moving average of $5.72.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Wednesday, July 31st. The bank reported $0.19 earnings per share (EPS) for the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 23.08% and a return on equity of 9.62%. The company had revenue of $6.65 billion during the quarter, compared to analyst estimates of $6.58 billion. Sell-side analysts predict that Banco Bilbao Vizcaya Argentaria SA will post 0.72 earnings per share for the current year.

About Banco Bilbao Vizcaya Argentaria

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, 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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