Kestra Private Wealth Services LLC Has $629,000 Stock Position in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Kestra Private Wealth Services LLC raised its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 213.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor 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 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Blue Trust Inc. increased its position in shares of Banco Bilbao Viscaya Argentaria by 51.4% during the first quarter. Blue Trust Inc. now owns 36,918 shares of the bank’s stock worth $800,000 after acquiring an additional 12,541 shares in the last quarter. XML Financial LLC acquired a new stake in shares of Banco Bilbao Viscaya Argentaria during the first quarter worth $273,000. Evolve Private Wealth LLC raised its holdings in shares of Banco Bilbao Viscaya Argentaria by 16.4% during the first quarter. Evolve Private Wealth LLC now owns 12,863 shares of the bank’s stock worth $279,000 after acquiring an additional 1,811 shares during the period. Rockefeller Capital Management L.P. lifted its position in Banco Bilbao Viscaya Argentaria by 44.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 36,911 shares of the bank’s stock valued at $860,000 after acquiring an additional 11,439 shares in the last quarter. Finally, World Investment Advisors lifted its position in Banco Bilbao Viscaya Argentaria by 20.7% in the 4th quarter. World Investment Advisors now owns 16,521 shares of the bank’s stock valued at $385,000 after acquiring an additional 2,832 shares in the last quarter. Institutional investors own 2.96% of the company’s stock.

Analyst Upgrades and Downgrades

BBVA has been the subject of a number of research reports. Barclays cut Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Zacks Research lowered Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Wall Street Zen cut Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings downgraded Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th. Finally, UBS Group reissued a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Banco Bilbao Viscaya Argentaria presently has an average rating of “Hold”.

Banco Bilbao Viscaya Argentaria Stock Down 0.1%

Shares of BBVA stock opened at $25.56 on Friday. Banco Bilbao Viscaya Argentaria S.A. has a 12 month low of $14.63 and a 12 month high of $26.20. The company’s fifty day simple moving average is $23.05 and its 200-day simple moving average is $23.07. The firm has a market cap of $145.94 billion, a PE ratio of 12.17, a P/E/G ratio of 0.64 and a beta of 0.80.

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

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.