Capital Research Global Investors held its stake in shares of Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 337,643 shares of the bank’s stock at the close of the second quarter. Capital Research Global Investors’ holdings in Banco Bilbao Vizcaya Argentaria SA were worth $2,823,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. CAPROCK Group Inc. acquired a new position in Banco Bilbao Vizcaya Argentaria SA during the second quarter worth about $109,000. Proficio Capital Partners LLC raised its stake in Banco Bilbao Vizcaya Argentaria SA by 59.4% during the first quarter. Proficio Capital Partners LLC now owns 13,103 shares of the bank’s stock worth $110,000 after acquiring an additional 4,884 shares in the last quarter. Gilbert & Cook Inc. acquired a new position in Banco Bilbao Vizcaya Argentaria SA during the second quarter worth about $134,000. Johnson Financial Group LLC raised its stake in Banco Bilbao Vizcaya Argentaria SA by 18.1% during the second quarter. Johnson Financial Group LLC now owns 16,802 shares of the bank’s stock worth $140,000 after acquiring an additional 2,577 shares in the last quarter. Finally, Stratos Wealth Partners LTD. raised its stake in Banco Bilbao Vizcaya Argentaria SA by 6.6% during the second quarter. Stratos Wealth Partners LTD. now owns 17,566 shares of the bank’s stock worth $147,000 after acquiring an additional 1,080 shares in the last quarter.

Banco Bilbao Vizcaya Argentaria SA (BBVA) opened at 8.46 on Tuesday. The firm’s 50-day moving average price is $8.78 and its 200 day moving average price is $8.44. The firm has a market cap of $56.35 billion and a P/E ratio of 12.46. Banco Bilbao Vizcaya Argentaria SA has a 52 week low of $6.04 and a 52 week high of $9.35.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) last issued its quarterly earnings results on Friday, July 28th. The bank reported $0.18 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.18. The firm had revenue of $6.96 billion during the quarter. Banco Bilbao Vizcaya Argentaria SA had a return on equity of 9.26% and a net margin of 17.53%. Equities analysts forecast that Banco Bilbao Vizcaya Argentaria SA will post $0.61 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 25th. Investors of record on Monday, October 9th will be given a $0.1061 dividend. This is an increase from Banco Bilbao Vizcaya Argentaria SA’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend is Thursday, October 5th. This represents a $0.42 dividend on an annualized basis and a yield of 5.02%.

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Several brokerages have commented on BBVA. Zacks Investment Research downgraded Banco Bilbao Vizcaya Argentaria SA from a “buy” rating to a “hold” rating in a research note on Friday, August 25th. BidaskClub raised Banco Bilbao Vizcaya Argentaria SA from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. Finally, ValuEngine raised Banco Bilbao Vizcaya Argentaria SA from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 24th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $9.75.

Banco Bilbao Vizcaya Argentaria SA Profile

Banco Bilbao Vizcaya Argentaria, SA (BBVA) is a diversified financial company engaged in retail banking, wholesale banking, asset management and private banking. Its segments include Banking Activity in Spain, Real Estate Activity in Spain, the United States Turkey, Mexico, South America and Rest of Eurasia.

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Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA)

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