LVW Advisors LLC Purchases New Position in Banco Bilbao Viscaya Argentaria S.A. $BBVA

LVW Advisors LLC purchased a new stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 22,109 shares of the bank’s stock, valued at approximately $340,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Signaturefd LLC grew its stake in Banco Bilbao Viscaya Argentaria by 2.3% in the 2nd quarter. Signaturefd LLC now owns 129,798 shares of the bank’s stock valued at $1,995,000 after buying an additional 2,939 shares during the last quarter. Kathmere Capital Management LLC grew its stake in Banco Bilbao Viscaya Argentaria by 6.3% in the 2nd quarter. Kathmere Capital Management LLC now owns 55,108 shares of the bank’s stock valued at $847,000 after buying an additional 3,243 shares during the last quarter. Perigon Wealth Management LLC grew its stake in Banco Bilbao Viscaya Argentaria by 6.2% in the 2nd quarter. Perigon Wealth Management LLC now owns 22,649 shares of the bank’s stock valued at $348,000 after buying an additional 1,323 shares during the last quarter. Arlington Capital Management Inc. acquired a new position in shares of Banco Bilbao Viscaya Argentaria during the 2nd quarter worth approximately $2,501,000. Finally, Financial Management Professionals Inc. grew its position in shares of Banco Bilbao Viscaya Argentaria by 105.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,845 shares of the bank’s stock worth $28,000 after purchasing an additional 949 shares in the last quarter. Institutional investors and hedge funds own 2.96% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Wall Street Zen lowered shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, July 12th. Barclays raised shares of Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a report on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Banco Bilbao Viscaya Argentaria currently has an average rating of “Buy”.

Banco Bilbao Viscaya Argentaria Price Performance

Shares of NYSE:BBVA opened at $19.29 on Friday. The company has a market cap of $112.61 billion, a price-to-earnings ratio of 10.15, a PEG ratio of 1.02 and a beta of 1.20. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a 50 day simple moving average of $18.02 and a 200 day simple moving average of $15.70. Banco Bilbao Viscaya Argentaria S.A. has a one year low of $9.23 and a one year high of $19.41.

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

About Banco Bilbao Viscaya Argentaria

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.