Kestra Private Wealth Services LLC Buys 19,778 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

Kestra Private Wealth Services LLC boosted its stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 213.6% in the 1st quarter, HoldingsChannel.com reports. The firm owned 29,039 shares of the bank’s stock after buying an additional 19,778 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $629,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Basepoint Wealth LLC acquired a new position in shares of Banco Bilbao Viscaya Argentaria during the 4th quarter worth approximately $26,000. Root Financial Partners LLC raised its stake in shares of Banco Bilbao Viscaya Argentaria by 59.6% during the 4th quarter. Root Financial Partners LLC now owns 1,141 shares of the bank’s stock worth $27,000 after purchasing an additional 426 shares in the last quarter. Harbour Investments Inc. boosted its holdings 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 last quarter. TD Waterhouse Canada Inc. boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 50.9% in the 4th quarter. TD Waterhouse Canada Inc. now owns 1,304 shares of the bank’s stock valued at $30,000 after buying an additional 440 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of Banco Bilbao Viscaya Argentaria in the fourth quarter valued at $31,000. 2.96% of the stock is currently owned by institutional investors.

Banco Bilbao Viscaya Argentaria Trading Down 0.1%

BBVA stock opened at $25.56 on Friday. The firm has a market capitalization of $145.94 billion, a PE ratio of 12.17, a PEG ratio of 0.64 and a beta of 0.80. Banco Bilbao Viscaya Argentaria S.A. has a 1-year low of $14.63 and a 1-year high of $26.20. The business’s 50 day simple moving average is $23.05 and its 200 day simple moving average is $23.07.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its quarterly earnings results on Tuesday, March 31st. The bank reported $0.59 earnings per share for the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 17.65% and a net margin of 28.21%.The business had revenue of $12.33 billion for the quarter. As a group, sell-side analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 2.38 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on BBVA shares. Wall Street Zen downgraded shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. UBS Group reiterated a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, April 20th. 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. Zacks Research lowered shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 10th. Finally, Barclays cut shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. One analyst has rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

About Banco Bilbao Viscaya Argentaria

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.