Harding Loevner LP Has $58.38 Million Holdings in Banco Bilbao Viscaya Argentaria S.A. (BBVA)
Harding Loevner LP raised its stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 718.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 224,278,507 shares of the bank’s stock after acquiring an additional 196,859,082 shares during the quarter. Harding Loevner LP owned approximately 3.42% of Banco Bilbao Viscaya Argentaria worth $58,375,000 as of its most recent filing with the SEC.
Separately, Dorsey & Whitney Trust CO LLC increased its stake in shares of Banco Bilbao Viscaya Argentaria by 27.7% in the third quarter. Dorsey & Whitney Trust CO LLC now owns 49,709 shares of the bank’s stock valued at $443,000 after buying an additional 10,796 shares in the last quarter. Institutional investors and hedge funds own 6.17% of the company’s stock.
Shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) traded down $0.07 during mid-day trading on Friday, reaching $8.56. The company had a trading volume of 2,753,600 shares, compared to its average volume of 3,082,834. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.05 and a current ratio of 1.05. The firm has a market capitalization of $56,530.00, a price-to-earnings ratio of 13.14, a price-to-earnings-growth ratio of 1.21 and a beta of 0.97. Banco Bilbao Viscaya Argentaria S.A. has a 1 year low of $6.08 and a 1 year high of $9.35.
Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its quarterly earnings data on Friday, October 27th. The bank reported $0.19 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.19. The firm had revenue of $7.27 billion during the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 7.49% and a net margin of 16.46%. analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 0.76 EPS for the current year.
BBVA has been the subject of a number of research reports. ValuEngine upgraded Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research note on Tuesday, November 14th. Zacks Investment Research upgraded Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating and set a $10.00 target price for the company in a research note on Monday, August 28th. Finally, BidaskClub lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Monday, August 14th. Three research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $9.75.
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About Banco Bilbao Viscaya Argentaria
Banco Bilbao Vizcaya Argentaria, SA (BBVA) is a diversified financial company engaged in retail banking, wholesale banking, asset management and private banking. Its segments include Banking Activity in Spain, Real Estate Activity in Spain, the United States Turkey, Mexico, South America and Rest of Eurasia.
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