Geneos Wealth Management Inc. Purchases 4,943 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

Geneos Wealth Management Inc. lifted its position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 290.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,644 shares of the bank’s stock after acquiring an additional 4,943 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Banco Bilbao Viscaya Argentaria were worth $90,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Goldman Sachs Group Inc. raised its stake in Banco Bilbao Viscaya Argentaria by 10.2% in the first quarter. Goldman Sachs Group Inc. now owns 10,941,273 shares of the bank’s stock worth $149,020,000 after buying an additional 1,014,305 shares in the last quarter. Millennium Management LLC raised its position in shares of Banco Bilbao Viscaya Argentaria by 514.5% in the 4th quarter. Millennium Management LLC now owns 951,350 shares of the bank’s stock worth $9,247,000 after acquiring an additional 796,526 shares in the last quarter. Clark Capital Management Group Inc. raised its holdings in Banco Bilbao Viscaya Argentaria by 6.6% in the first quarter. Clark Capital Management Group Inc. now owns 5,578,381 shares of the bank’s stock worth $75,978,000 after purchasing an additional 347,564 shares in the last quarter. Lesa Sroufe & Co bought a new position in shares of Banco Bilbao Viscaya Argentaria during the 1st quarter worth approximately $4,261,000. Finally, Vident Advisory LLC raised its stake in shares of Banco Bilbao Viscaya Argentaria by 159.1% during the 1st quarter. Vident Advisory LLC now owns 447,780 shares of the bank’s stock worth $6,099,000 after acquiring an additional 274,958 shares in the last quarter. Institutional investors own 2.96% of the company’s stock.

Analyst Ratings Changes

BBVA has been the topic of several recent analyst reports. Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, July 12th. Barclays raised Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a report on Thursday, August 7th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

Banco Bilbao Viscaya Argentaria Price Performance

Shares of BBVA opened at $18.98 on Thursday. The business’s 50-day moving average is $17.44 and its two-hundred day moving average is $15.43. The company has a market capitalization of $110.80 billion, a P/E ratio of 9.99, a P/E/G ratio of 1.01 and a beta of 1.20. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.01 and a current ratio of 1.01. Banco Bilbao Viscaya Argentaria S.A. has a fifty-two week low of $9.23 and a fifty-two week high of $19.39.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its earnings results on Thursday, July 31st. The bank reported $0.52 EPS for the quarter, topping the consensus estimate of $0.47 by $0.05. The firm had revenue of $10.30 billion for the quarter, compared to analyst estimates of $10.24 billion. Banco Bilbao Viscaya Argentaria had a return on equity of 17.61% and a net margin of 29.17%. Research analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current year.

Banco Bilbao Viscaya Argentaria 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.