Dynasty Wealth Management LLC Acquires Shares of 45,526 Banco Bilbao Viscaya Argentaria S.A. $BBVA

Dynasty Wealth Management LLC bought a new position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 45,526 shares of the bank’s stock, valued at approximately $876,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BBVA. Baron Wealth Management LLC lifted its holdings in Banco Bilbao Viscaya Argentaria by 2.5% in the third quarter. Baron Wealth Management LLC now owns 23,039 shares of the bank’s stock valued at $443,000 after acquiring an additional 553 shares during the period. Peapack Gladstone Financial Corp lifted its stake in shares of Banco Bilbao Viscaya Argentaria by 4.1% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 14,304 shares of the bank’s stock valued at $220,000 after purchasing an additional 563 shares during the period. Seeds Investor LLC boosted its holdings in Banco Bilbao Viscaya Argentaria by 4.1% during the second quarter. Seeds Investor LLC now owns 14,956 shares of the bank’s stock worth $230,000 after buying an additional 584 shares in the last quarter. Leavell Investment Management Inc. grew its position in Banco Bilbao Viscaya Argentaria by 1.1% during the third quarter. Leavell Investment Management Inc. now owns 57,005 shares of the bank’s stock valued at $1,097,000 after buying an additional 605 shares during the period. Finally, CWM LLC increased its holdings in Banco Bilbao Viscaya Argentaria by 5.6% in the third quarter. CWM LLC now owns 12,014 shares of the bank’s stock valued at $231,000 after buying an additional 642 shares in the last quarter. 2.96% of the stock is owned by institutional investors and hedge funds.

Banco Bilbao Viscaya Argentaria Stock Down 1.2%

Shares of BBVA opened at $24.08 on Wednesday. The firm’s fifty day moving average is $22.60 and its two-hundred day moving average is $19.78. The stock has a market cap of $138.76 billion, a PE ratio of 12.61, a price-to-earnings-growth ratio of 0.97 and a beta of 0.82. Banco Bilbao Viscaya Argentaria S.A. has a 52-week low of $10.73 and a 52-week high of $24.82.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its quarterly earnings results on Thursday, October 30th. The bank reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.01. The firm had revenue of $10.59 billion for the quarter, compared to the consensus estimate of $10.47 billion. Banco Bilbao Viscaya Argentaria had a net margin of 28.58% and a return on equity of 17.07%. As a group, research analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on BBVA shares. Morgan Stanley assumed coverage on shares of Banco Bilbao Viscaya Argentaria in a research note on Tuesday, October 21st. They set an “equal weight” rating on the stock. Weiss Ratings reiterated a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Monday, December 29th. Zacks Research cut Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Finally, Wall Street Zen downgraded Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Banco Bilbao Viscaya Argentaria presently has a consensus rating of “Moderate Buy”.

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.