Integrated Quantitative Investments LLC increased its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA – Free Report) by 1.5% in the 2nd quarter, HoldingsChannel reports. The fund owned 237,034 shares of the bank’s stock after acquiring an additional 3,434 shares during the period. Banco Bilbao Viscaya Argentaria accounts for approximately 1.1% of Integrated Quantitative Investments LLC’s holdings, making the stock its 7th largest holding. Integrated Quantitative Investments LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $3,643,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC lifted its stake in shares of Banco Bilbao Viscaya Argentaria by 1.6% in the 2nd 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 last quarter. Focus Partners Wealth increased its position 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 purchasing an additional 732 shares during the last quarter. Manchester Capital Management LLC raised its holdings 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 buying an additional 748 shares during the period. UMB Bank n.a. lifted its position in Banco Bilbao Viscaya Argentaria by 12.8% in the second quarter. UMB Bank n.a. now owns 6,574 shares of the bank’s stock worth $101,000 after buying an additional 748 shares during the last quarter. Finally, One Wealth Advisors LLC boosted its stake in Banco Bilbao Viscaya Argentaria by 2.4% during 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 period. 2.96% of the stock is owned by institutional investors.
Banco Bilbao Viscaya Argentaria Trading Down 1.9%
Shares of BBVA opened at $21.20 on Friday. The firm has a market capitalization of $123.74 billion, a price-to-earnings 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 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 50-day moving average of $19.52 and a 200 day moving average of $17.22.
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 361.0%. The ex-dividend date is Thursday, November 6th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio is currently 31.41%.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on BBVA shares. Morgan Stanley assumed 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. Barclays upgraded shares of Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a report on Thursday, August 7th. Weiss Ratings raised shares of Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (a-)” rating in a research note 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. Finally, Wall Street Zen raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research note on Saturday. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Banco Bilbao Viscaya Argentaria has an average rating of “Moderate Buy”.
View Our Latest Report on Banco Bilbao Viscaya Argentaria
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.
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