West Family Investments Inc. Makes New $533,000 Investment in Banco Bilbao Viscaya Argentaria S.A. $BBVA

West Family Investments Inc. purchased a new stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 34,671 shares of the bank’s stock, valued at approximately $533,000.

Other large investors also recently added to or reduced their stakes in the company. Seeds Investor LLC lifted its holdings in Banco Bilbao Viscaya Argentaria by 4.1% during the second quarter. Seeds Investor LLC now owns 14,956 shares of the bank’s stock valued at $230,000 after purchasing an additional 584 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of 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 valued at $668,000 after purchasing an additional 670 shares during the period. Focus Partners Wealth lifted its stake in shares of Banco Bilbao Viscaya Argentaria by 4.3% during the 1st quarter. Focus Partners Wealth now owns 17,923 shares of the bank’s stock valued at $244,000 after buying an additional 732 shares in the last quarter. Manchester Capital Management LLC boosted its holdings in 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 worth $63,000 after buying an additional 748 shares during the period. Finally, UMB Bank n.a. grew its stake in Banco Bilbao Viscaya Argentaria by 12.8% in the 2nd quarter. UMB Bank n.a. now owns 6,574 shares of the bank’s stock valued at $101,000 after buying an additional 748 shares in the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Trading Up 0.4%

Shares of BBVA stock opened at $21.58 on Friday. The business has a 50-day moving average of $19.89 and a 200 day moving average of $17.69. 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 $9.28 and a 1-year high of $22.09. The stock has a market capitalization of $125.98 billion, a PE ratio of 11.36, a P/E/G ratio of 1.07 and a beta of 1.21.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Thursday, October 30th. The bank reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. Banco Bilbao Viscaya Argentaria had a return on equity of 17.61% and a net margin of 29.17%.The firm had revenue of $10.59 billion during the quarter, compared to analyst estimates of $10.47 billion. As a group, sell-side analysts anticipate 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 company also recently disclosed a dividend, which was paid on Monday, November 24th. Shareholders of record on Thursday, November 6th were given a $0.3736 dividend. The ex-dividend date was Thursday, November 6th. This represents a dividend yield of 361.0%. Banco Bilbao Viscaya Argentaria’s payout ratio is presently 30.89%.

Analyst Upgrades and Downgrades

BBVA has been the subject of several recent research reports. Weiss Ratings reiterated a “buy (a-)” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Tuesday. Wall Street Zen lowered shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Friday. 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 report on Monday, November 10th. Finally, Morgan Stanley assumed coverage on Banco Bilbao Viscaya Argentaria in a research note on Tuesday, October 21st. They set an “equal weight” rating for the company. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company 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.