Banco Bilbao Viscaya Argentaria S.A. $BBVA Shares Purchased by Creative Planning

Creative Planning increased its holdings in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 6.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 574,230 shares of the bank’s stock after buying an additional 36,365 shares during the period. Creative Planning’s holdings in Banco Bilbao Viscaya Argentaria were worth $8,826,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Bank of New York Mellon Corp increased its position in shares of Banco Bilbao Viscaya Argentaria by 59.9% during the first quarter. Bank of New York Mellon Corp now owns 673,748 shares of the bank’s stock worth $9,176,000 after acquiring an additional 252,492 shares during the period. New York State Common Retirement Fund acquired a new position in Banco Bilbao Viscaya Argentaria during the 1st quarter worth $3,081,000. Private Advisor Group LLC acquired a new position in Banco Bilbao Viscaya Argentaria during the 1st quarter worth $254,000. Csenge Advisory Group increased its holdings in Banco Bilbao Viscaya Argentaria by 11.6% during the 1st quarter. Csenge Advisory Group now owns 21,777 shares of the bank’s stock worth $294,000 after purchasing an additional 2,263 shares during the period. Finally, Lindbrook Capital LLC raised its position in Banco Bilbao Viscaya Argentaria by 10.4% in the 1st quarter. Lindbrook Capital LLC now owns 13,212 shares of the bank’s stock valued at $180,000 after purchasing an additional 1,250 shares in the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of Banco Bilbao Viscaya Argentaria stock opened at $20.41 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.18. Banco Bilbao Viscaya Argentaria S.A. has a 52 week low of $9.23 and a 52 week high of $22.09. The firm’s 50 day moving average is $19.60 and its two-hundred day moving average is $17.34. The firm has a market capitalization of $119.16 billion, a P/E ratio of 10.74, a P/E/G ratio of 1.07 and a beta of 1.21.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its earnings results on Thursday, October 30th. The bank reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.01. The business had revenue of $10.62 billion during the quarter, compared to analysts’ expectations of $10.47 billion. Banco Bilbao Viscaya Argentaria had a net margin of 29.17% and a return on equity of 17.61%. Research analysts forecast that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Viscaya Argentaria Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Monday, November 24th. Shareholders of record on Thursday, November 6th will be paid a $0.3736 dividend. This represents a 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

BBVA has been the subject of a number of analyst reports. Weiss Ratings raised Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Thursday, November 13th. Morgan Stanley assumed coverage on shares of Banco Bilbao Viscaya Argentaria in a report on Tuesday, October 21st. They set an “equal weight” rating for the company. Barclays upgraded shares of Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a report on Thursday, August 7th. Wall Street Zen upgraded shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Zacks Research cut Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. 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. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

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.