Banco Bilbao Viscaya Argentaria S.A. $BBVA Shares Purchased by Simon Quick Advisors LLC

Simon Quick Advisors LLC raised its stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 54.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 22,608 shares of the bank’s stock after purchasing an additional 7,966 shares during the period. Simon Quick Advisors LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $347,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of BBVA. Financial Management Professionals Inc. increased its position in Banco Bilbao Viscaya Argentaria by 105.9% during the second quarter. Financial Management Professionals Inc. now owns 1,845 shares of the bank’s stock worth $28,000 after purchasing an additional 949 shares during the last quarter. Private Trust Co. NA boosted its stake in shares of Banco Bilbao Viscaya Argentaria by 224.7% in the first quarter. Private Trust Co. NA now owns 2,607 shares of the bank’s stock valued at $36,000 after purchasing an additional 1,804 shares during the period. Cullen Frost Bankers Inc. purchased a new position in shares of Banco Bilbao Viscaya Argentaria in the first quarter valued at $46,000. Manchester Capital Management LLC boosted its stake in shares of Banco Bilbao Viscaya Argentaria by 19.2% in the first quarter. Manchester Capital Management LLC now owns 4,643 shares of the bank’s stock valued at $63,000 after purchasing an additional 748 shares during the period. Finally, Wayfinding Financial LLC purchased a new position in shares of Banco Bilbao Viscaya Argentaria in the first quarter valued at $72,000. Institutional investors and hedge funds own 2.96% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Weiss Ratings reissued a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Thursday. Wall Street Zen lowered shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Sunday, October 19th. Morgan Stanley began coverage on shares of Banco Bilbao Viscaya Argentaria in a research note on Tuesday, October 21st. They issued an “equal weight” rating on the stock. Finally, Barclays upgraded shares of Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a research note on Thursday, August 7th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Stock Up 1.1%

Banco Bilbao Viscaya Argentaria stock opened at $20.16 on Monday. The stock has a market cap of $117.66 billion, a price-to-earnings ratio of 10.61, a PEG ratio of 1.07 and a beta of 1.19. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.18. The company’s 50-day moving average price is $18.99 and its two-hundred day moving average price is $16.75. Banco Bilbao Viscaya Argentaria S.A. has a 52 week low of $9.23 and a 52 week high of $20.54.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last released its earnings results on Thursday, October 30th. The bank reported $0.49 EPS for the quarter, beating the consensus estimate of $0.48 by $0.01. The firm had revenue of $10.62 billion for the quarter, compared to analysts’ expectations of $10.47 billion. Banco Bilbao Viscaya Argentaria had a net margin of 29.17% and a return on equity of 17.61%. On average, analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The company also recently announced a dividend, which will be paid on Monday, November 24th. Shareholders of record on Thursday, November 6th will be issued a $0.3736 dividend. This represents a dividend yield of 395.0%. The ex-dividend date is Thursday, November 6th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is presently 31.58%.

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.