Diversify Wealth Management LLC Raises Stake in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Diversify Wealth Management LLC increased its holdings in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 42.4% in the first quarter, Holdings Channel reports. The firm owned 185,755 shares of the bank’s stock after acquiring an additional 55,304 shares during the period. Diversify Wealth Management LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $3,955,000 at the end of the most recent quarter.

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

Banco Bilbao Viscaya Argentaria Stock Down 0.1%

BBVA opened at $25.66 on Monday. The firm’s 50 day moving average is $23.44 and its 200-day moving average is $23.17. Banco Bilbao Viscaya Argentaria S.A. has a 52-week low of $14.63 and a 52-week high of $26.40. The firm has a market capitalization of $146.52 billion, a P/E ratio of 12.22, a P/E/G ratio of 0.64 and a beta of 0.80.

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

Analyst Ratings Changes

BBVA has been the subject of several recent research reports. Barclays downgraded Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Weiss Ratings cut Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th. UBS Group reaffirmed a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Monday, April 20th. Finally, Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. One equities research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Banco Bilbao Viscaya Argentaria currently has a consensus rating of “Hold”.

Banco Bilbao Viscaya Argentaria Company 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.