Dorsey & Whitney Trust CO LLC Sells 12,367 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

Dorsey & Whitney Trust CO LLC reduced its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 25.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,037 shares of the bank’s stock after selling 12,367 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $554,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BBVA. Allspring Global Investments Holdings LLC boosted its holdings in Banco Bilbao Viscaya Argentaria by 1.6% in the second quarter. Allspring Global Investments Holdings LLC now owns 43,444 shares of the bank’s stock worth $668,000 after acquiring an additional 670 shares in the last quarter. Focus Partners Wealth boosted its stake in Banco Bilbao Viscaya Argentaria by 4.3% in the 1st quarter. Focus Partners Wealth now owns 17,923 shares of the bank’s stock worth $244,000 after purchasing an additional 732 shares in the last quarter. Manchester Capital Management LLC grew its position in Banco Bilbao Viscaya Argentaria by 19.2% during the 1st 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 last quarter. UMB Bank n.a. increased its stake in Banco Bilbao Viscaya Argentaria by 12.8% during the 2nd quarter. UMB Bank n.a. now owns 6,574 shares of the bank’s stock valued at $101,000 after purchasing an additional 748 shares in the last quarter. Finally, One Wealth Advisors LLC raised its holdings in Banco Bilbao Viscaya Argentaria by 2.4% in the second quarter. One Wealth Advisors LLC now owns 32,976 shares of the bank’s stock worth $507,000 after buying an additional 758 shares during the last quarter. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Stock Performance

BBVA stock opened at $20.41 on Wednesday. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.01 and a quick ratio of 1.01. Banco Bilbao Viscaya Argentaria S.A. has a 1 year low of $9.23 and a 1 year high of $22.09. The company has a market cap of $119.16 billion, a P/E ratio of 10.74, a price-to-earnings-growth ratio of 1.07 and a beta of 1.21. The stock’s fifty day moving average price is $19.60 and its 200-day moving average price is $17.34.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its earnings results on Thursday, October 30th. The bank reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.01. The business had revenue of $10.62 billion for the quarter, compared to analysts’ expectations of $10.47 billion. Banco Bilbao Viscaya Argentaria had a return on equity of 17.61% and a net margin of 29.17%. On average, equities 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 announced a dividend, which will be paid on Monday, November 24th. Investors of record on Thursday, November 6th will be given a dividend of $0.3736 per share. This represents a yield of 361.0%. The ex-dividend date is Thursday, November 6th. Banco Bilbao Viscaya Argentaria’s payout ratio is 31.41%.

Wall Street Analyst Weigh In

BBVA has been the subject of several analyst reports. Zacks Research downgraded shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Weiss Ratings raised Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (a-)” rating in a report on Thursday, November 13th. Barclays raised Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a report on Thursday, August 7th. Morgan Stanley initiated coverage on Banco Bilbao Viscaya Argentaria in a report on Tuesday, October 21st. They issued an “equal weight” rating for the company. Finally, Wall Street Zen raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research report on Saturday. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average 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.