Focus Partners Advisor Solutions LLC Purchases 969 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

Focus Partners Advisor Solutions LLC lifted its position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 2.9% in the 2nd quarter, Holdings Channel reports. The fund owned 34,942 shares of the bank’s stock after acquiring an additional 969 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $536,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Bleakley Financial Group LLC raised its position in shares of Banco Bilbao Viscaya Argentaria by 42.6% in the 2nd quarter. Bleakley Financial Group LLC now owns 21,755 shares of the bank’s stock worth $334,000 after acquiring an additional 6,503 shares in the last quarter. RNC Capital Management LLC raised its position in shares of Banco Bilbao Viscaya Argentaria by 13.4% in the 2nd quarter. RNC Capital Management LLC now owns 32,799 shares of the bank’s stock worth $504,000 after acquiring an additional 3,880 shares in the last quarter. Freedom Investment Management Inc. bought a new position in shares of Banco Bilbao Viscaya Argentaria in the 2nd quarter worth approximately $682,000. Ethic Inc. grew its stake in shares of Banco Bilbao Viscaya Argentaria by 8.8% in the 2nd quarter. Ethic Inc. now owns 526,832 shares of the bank’s stock worth $8,045,000 after buying an additional 42,760 shares during the last quarter. Finally, Cookson Peirce & Co. Inc. bought a new position in Banco Bilbao Viscaya Argentaria during the 2nd quarter valued at approximately $720,000. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of BBVA opened at $20.30 on Thursday. The business’s fifty day simple moving average is $18.95 and its two-hundred day simple moving average is $16.63. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.18. Banco Bilbao Viscaya Argentaria S.A. has a 12 month low of $9.23 and a 12 month high of $20.54. The company has a market cap of $118.48 billion, a price-to-earnings ratio of 10.68, a P/E/G ratio of 1.06 and a beta of 1.19.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its earnings results on Thursday, July 31st. The bank reported $0.52 EPS for the quarter, beating the consensus estimate of $0.47 by $0.05. Banco Bilbao Viscaya Argentaria had a return on equity of 17.61% and a net margin of 29.17%.The business had revenue of $10.30 billion for the quarter, compared to the consensus estimate of $10.24 billion. Research analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current fiscal year.

Banco Bilbao Viscaya Argentaria Announces Dividend

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 395.0%. The ex-dividend date is Thursday, November 6th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is currently 38.95%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Wednesday, October 8th. Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Sunday, October 19th. Morgan Stanley assumed coverage on Banco Bilbao Viscaya Argentaria in a research report on Tuesday, October 21st. They set an “equal weight” rating for the company. Finally, Barclays raised Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a research report on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

About Banco Bilbao Viscaya Argentaria

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.