Sei Investments Co. Has $9.10 Million Stake in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Sei Investments Co. increased its stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 6.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 419,930 shares of the bank’s stock after purchasing an additional 25,540 shares during the quarter. Sei Investments Co.’s holdings in Banco Bilbao Viscaya Argentaria were worth $9,095,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of BBVA. Basepoint Wealth LLC bought a new position in Banco Bilbao Viscaya Argentaria in the 4th quarter worth approximately $26,000. Root Financial Partners LLC boosted its position in Banco Bilbao Viscaya Argentaria by 59.6% in the 4th quarter. Root Financial Partners LLC now owns 1,141 shares of the bank’s stock valued at $27,000 after buying an additional 426 shares during the last quarter. Whipplewood Advisors LLC acquired a new stake in shares of Banco Bilbao Viscaya Argentaria in the 1st quarter valued at $27,000. Harbour Investments Inc. increased its stake in shares of Banco Bilbao Viscaya Argentaria by 84.1% in the 4th quarter. Harbour Investments Inc. now owns 1,259 shares of the bank’s stock valued at $29,000 after buying an additional 575 shares during the period. Finally, TD Waterhouse Canada Inc. raised its position in shares of Banco Bilbao Viscaya Argentaria by 50.9% during the fourth quarter. TD Waterhouse Canada Inc. now owns 1,304 shares of the bank’s stock worth $30,000 after acquiring an additional 440 shares during the last quarter. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Trading Up 1.1%

Banco Bilbao Viscaya Argentaria stock opened at $27.89 on Friday. The firm has a market capitalization of $159.25 billion, a P/E ratio of 12.68, a PEG ratio of 0.79 and a beta of 0.80. Banco Bilbao Viscaya Argentaria S.A. has a 1 year low of $16.44 and a 1 year high of $28.05. The business has a 50-day moving average of $24.63 and a 200-day moving average of $23.44.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Tuesday, June 30th. The bank reported $0.62 earnings per share for the quarter. Banco Bilbao Viscaya Argentaria had a net margin of 27.75% and a return on equity of 18.24%. The business had revenue of $11.99 billion for the quarter. Research analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 2.35 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on BBVA. Barclays lowered Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Bank of America cut Banco Bilbao Viscaya Argentaria from a “buy” rating to a “neutral” rating in a report on Wednesday, July 15th. Weiss Ratings downgraded shares of Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Finally, UBS Group reaffirmed a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, Banco Bilbao Viscaya Argentaria currently has an average rating of “Hold”.

Banco Bilbao Viscaya Argentaria Profile

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) is a Spanish multinational financial services group headquartered in Bilbao, Spain. The bank traces its roots to several historic regional banks and was formed through a series of mergers that consolidated its position as one of Spain’s largest banking groups. BBVA operates as a universal bank offering a broad range of financial services to retail, corporate and institutional clients.

BBVA’s core businesses include retail and commercial banking, corporate and investment banking, private banking and wealth management, asset management, and insurance.