Banco Bilbao Viscaya Argentaria S.A. $BBVA Shares Purchased by Savant Capital LLC

Savant Capital LLC boosted its position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 40.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,553 shares of the bank’s stock after purchasing an additional 22,915 shares during the period. Savant Capital LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $1,223,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Financial Management Professionals Inc. lifted its holdings in Banco Bilbao Viscaya Argentaria by 105.9% in the second quarter. Financial Management Professionals Inc. now owns 1,845 shares of the bank’s stock valued at $28,000 after acquiring an additional 949 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the first quarter valued at approximately $46,000. Manchester Capital Management LLC increased its position in shares of Banco Bilbao Viscaya Argentaria by 19.2% during the first quarter. Manchester Capital Management LLC now owns 4,643 shares of the bank’s stock worth $63,000 after acquiring an additional 748 shares during the period. Geneos Wealth Management Inc. increased its holdings in Banco Bilbao Viscaya Argentaria by 290.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 6,644 shares of the bank’s stock worth $90,000 after purchasing an additional 4,943 shares during the period. Finally, Brooklyn Investment Group raised its holdings in Banco Bilbao Viscaya Argentaria by 89.6% in the first quarter. Brooklyn Investment Group now owns 6,711 shares of the bank’s stock valued at $91,000 after acquiring an additional 3,171 shares in the last quarter. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Stock Performance

NYSE:BBVA opened at $21.83 on Thursday. 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 market cap of $127.41 billion, a price-to-earnings ratio of 11.49, a price-to-earnings-growth ratio of 1.07 and a beta of 1.21. The firm’s fifty day moving average price is $19.40 and its 200 day moving average price is $17.12. Banco Bilbao Viscaya Argentaria S.A. has a 1-year low of $9.23 and a 1-year high of $21.90.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its quarterly earnings data on Thursday, October 30th. The bank reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. The company had revenue of $10.62 billion during the quarter, compared to the consensus estimate 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, sell-side analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The company also recently disclosed a dividend, which will be paid on Monday, November 24th. Investors of record on Thursday, November 6th will be given a $0.3736 dividend. The ex-dividend date is Thursday, November 6th. This represents a yield of 361.0%. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is presently 31.41%.

Analyst Ratings Changes

A number of brokerages recently issued reports on BBVA. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Thursday, October 30th. Barclays raised shares of Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a report on Thursday, August 7th. Zacks Research cut shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Monday. Morgan Stanley began coverage on shares of Banco Bilbao Viscaya Argentaria in a research report on Tuesday, October 21st. They set an “equal weight” rating on the stock. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Company 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.