Chickasaw Capital Management LLC boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA – Free Report) by 2.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 43,769 shares of the bank’s stock after acquiring an additional 1,115 shares during the period. Chickasaw Capital Management LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $425,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Clearbridge Investments LLC lifted its position in Banco Bilbao Vizcaya Argentaria by 172.8% in the 2nd quarter. Clearbridge Investments LLC now owns 3,096,738 shares of the bank’s stock valued at $31,060,000 after acquiring an additional 1,961,553 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Banco Bilbao Vizcaya Argentaria by 5.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 11,103,927 shares of the bank’s stock valued at $111,371,000 after acquiring an additional 619,836 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 9.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,412,058 shares of the bank’s stock worth $44,253,000 after acquiring an additional 396,829 shares in the last quarter. Raymond James & Associates lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 91.0% in the third quarter. Raymond James & Associates now owns 776,389 shares of the bank’s stock worth $8,416,000 after purchasing an additional 369,971 shares in the last quarter. Finally, American Century Companies Inc. grew its position in Banco Bilbao Vizcaya Argentaria by 24.2% in the second quarter. American Century Companies Inc. now owns 1,890,079 shares of the bank’s stock valued at $18,957,000 after purchasing an additional 368,660 shares in the last quarter. Institutional investors own 2.96% of the company’s stock.
Analysts Set New Price Targets
Separately, StockNews.com raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.
Banco Bilbao Vizcaya Argentaria Stock Performance
Banco Bilbao Vizcaya Argentaria stock traded up $0.14 during midday trading on Tuesday, reaching $10.15. 1,218,440 shares of the company’s stock were exchanged, compared to its average volume of 1,294,753. The stock’s 50-day simple moving average is $9.78 and its 200 day simple moving average is $10.12. The firm has a market cap of $59.26 billion, a price-to-earnings ratio of 5.83, a P/E/G ratio of 0.98 and a beta of 1.27. Banco Bilbao Vizcaya Argentaria, S.A. has a 52 week low of $8.63 and a 52 week high of $12.20.
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.
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