Arden Trust Co Sells 3,283 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Arden Trust Co trimmed its position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 17.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,857 shares of the bank’s stock after selling 3,283 shares during the quarter. Arden Trust Co’s holdings in Banco Bilbao Vizcaya Argentaria were worth $159,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Capital Research Global Investors raised its position in Banco Bilbao Vizcaya Argentaria by 56.2% in the 1st quarter. Capital Research Global Investors now owns 233,631 shares of the bank’s stock worth $2,766,000 after purchasing an additional 84,063 shares during the period. Capital Wealth Planning LLC lifted its stake in Banco Bilbao Vizcaya Argentaria by 82.4% in the fourth quarter. Capital Wealth Planning LLC now owns 332,450 shares of the bank’s stock worth $3,029,000 after purchasing an additional 150,191 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in Banco Bilbao Vizcaya Argentaria by 169.8% in the fourth quarter. BNP Paribas Financial Markets now owns 497,463 shares of the bank’s stock worth $4,532,000 after purchasing an additional 313,065 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Banco Bilbao Vizcaya Argentaria by 2.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 10,355,974 shares of the bank’s stock worth $94,342,000 after purchasing an additional 290,673 shares during the last quarter. Finally, Norden Group LLC bought a new stake in Banco Bilbao Vizcaya Argentaria in the first quarter worth about $979,000. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Trading Down 0.3 %

Shares of Banco Bilbao Vizcaya Argentaria stock traded down $0.03 on Wednesday, hitting $9.56. 2,482,881 shares of the company traded hands, compared to its average volume of 1,554,173. The stock’s 50 day moving average price is $10.35 and its 200-day moving average price is $10.52. Banco Bilbao Vizcaya Argentaria, S.A. has a 52 week low of $7.41 and a 52 week high of $12.20. The company has a market cap of $55.78 billion, a PE ratio of 6.50, a PEG ratio of 1.00 and a beta of 1.32.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its quarterly earnings results on Thursday, August 1st. The bank reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.03. The firm had revenue of $9.93 billion during the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 27.55% and a return on equity of 22.05%. During the same period in the prior year, the firm posted $0.36 EPS. As a group, research analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.65 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on BBVA. BNP Paribas downgraded shares of Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research note on Wednesday, June 12th. Royal Bank of Canada raised shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research note on Wednesday, July 31st. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Banco Bilbao Vizcaya Argentaria currently has an average rating of “Hold”.

Banco Bilbao Vizcaya Argentaria Company 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.