Dorsey Wright & Associates Reduces Stock Holdings in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Dorsey Wright & Associates lowered its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 38.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 154,639 shares of the bank’s stock after selling 97,375 shares during the period. Dorsey Wright & Associates’ holdings in Banco Bilbao Viscaya Argentaria were worth $2,377,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in BBVA. Rathbones Group PLC lifted its holdings in Banco Bilbao Viscaya Argentaria by 4.6% in the second quarter. Rathbones Group PLC now owns 70,175 shares of the bank’s stock worth $1,079,000 after buying an additional 3,066 shares during the period. Beck Bode LLC purchased a new position in shares of Banco Bilbao Viscaya Argentaria during the 2nd quarter worth approximately $1,342,000. Bank of New York Mellon Corp raised its position in shares of Banco Bilbao Viscaya Argentaria by 59.9% in the 1st 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 in the last quarter. US Bancorp DE lifted its stake in shares of Banco Bilbao Viscaya Argentaria by 3.3% in the 2nd quarter. US Bancorp DE now owns 781,851 shares of the bank’s stock valued at $12,017,000 after purchasing an additional 25,148 shares during the period. Finally, Vestmark Advisory Solutions Inc. bought a new stake in shares of Banco Bilbao Viscaya Argentaria during the second quarter valued at approximately $1,773,000. 2.96% of the stock is currently owned by institutional investors.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of BBVA stock opened at $20.41 on Wednesday. The company has a market capitalization of $119.16 billion, a price-to-earnings ratio of 10.74, a price-to-earnings-growth 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. Banco Bilbao Viscaya Argentaria S.A. has a one year low of $9.23 and a one year high of $22.09. The company’s 50-day moving average is $19.60 and its 200 day moving average is $17.34.

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, topping the consensus estimate of $0.48 by $0.01. The firm 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%. Sell-side analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Viscaya Argentaria Dividend Announcement

The firm also recently announced a dividend, which will be paid on Monday, November 24th. Shareholders of record on Thursday, November 6th will be paid 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 dividend payout ratio (DPR) is currently 31.41%.

Wall Street Analyst Weigh In

Several equities analysts have commented on BBVA shares. Morgan Stanley initiated coverage on Banco Bilbao Viscaya Argentaria in a research report on Tuesday, October 21st. They set an “equal weight” rating for the company. Wall Street Zen raised shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research report on Saturday. 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. Weiss Ratings upgraded shares of Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (a-)” rating in a report on Thursday, November 13th. Finally, Barclays raised Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a research report on Thursday, August 7th. Two 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. According to MarketBeat.com, the stock presently has a consensus 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.