Banco Bilbao Viscaya Argentaria S.A. $BBVA Shares Sold by JBF Capital Inc.

JBF Capital Inc. trimmed its holdings in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 4.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 48,500 shares of the bank’s stock after selling 2,500 shares during the period. JBF Capital Inc.’s holdings in Banco Bilbao Viscaya Argentaria were worth $745,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Financial Management Professionals Inc. boosted 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 purchasing an additional 949 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the 1st quarter valued at $46,000. Manchester Capital Management LLC boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 19.2% in the 1st quarter. Manchester Capital Management LLC now owns 4,643 shares of the bank’s stock valued at $63,000 after buying an additional 748 shares in the last quarter. Geneos Wealth Management Inc. raised its stake 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 acquiring an additional 4,943 shares in the last quarter. Finally, Brooklyn Investment Group lifted its position 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 during the last quarter. Institutional investors and hedge funds own 2.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on BBVA. Weiss Ratings raised Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (a-)” rating in a report on Thursday. Zacks Research lowered Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Barclays raised Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a report on Thursday, August 7th. Wall Street Zen raised shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Morgan Stanley assumed 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. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Stock Down 1.9%

Shares of Banco Bilbao Viscaya Argentaria stock opened at $21.20 on Friday. Banco Bilbao Viscaya Argentaria S.A. has a one year low of $9.23 and a one year high of $22.09. The company has a market cap of $123.74 billion, a P/E ratio of 11.16, a PEG ratio of 1.07 and a beta of 1.21. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a fifty day moving average of $19.52 and a two-hundred day moving average of $17.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its earnings results on Thursday, October 30th. The bank reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.01. The business had revenue of $10.62 billion for 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, analysts forecast that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current year.

Banco Bilbao Viscaya Argentaria Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Monday, November 24th. Investors of record on Thursday, November 6th will be issued a dividend of $0.3736 per share. This represents a yield of 361.0%. The ex-dividend date of this dividend is Thursday, November 6th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio is currently 31.41%.

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.