GHP Investment Advisors Inc. Acquires New Shares in Banco Bilbao Viscaya Argentaria S.A. $BBVA

GHP Investment Advisors Inc. acquired a new stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) in the second quarter, according to its most recent filing with the SEC. The fund acquired 6,382 shares of the bank’s stock, valued at approximately $98,000.

A number of other hedge funds have also bought and sold shares of BBVA. Goldman Sachs Group Inc. grew its stake in Banco Bilbao Viscaya Argentaria by 10.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 10,941,273 shares of the bank’s stock valued at $149,020,000 after buying an additional 1,014,305 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Banco Bilbao Viscaya Argentaria by 17.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,375,294 shares of the bank’s stock worth $67,247,000 after purchasing an additional 637,519 shares in the last quarter. Assetmark Inc. lifted its stake in Banco Bilbao Viscaya Argentaria by 1,198.6% in the 2nd quarter. Assetmark Inc. now owns 491,502 shares of the bank’s stock worth $7,554,000 after purchasing an additional 453,654 shares in the last quarter. Clark Capital Management Group Inc. lifted its stake in Banco Bilbao Viscaya Argentaria by 6.6% in the 1st quarter. Clark Capital Management Group Inc. now owns 5,578,381 shares of the bank’s stock worth $75,978,000 after purchasing an additional 347,564 shares in the last quarter. Finally, Vident Advisory LLC lifted its stake in Banco Bilbao Viscaya Argentaria by 159.1% in the 1st quarter. Vident Advisory LLC now owns 447,780 shares of the bank’s stock worth $6,099,000 after purchasing an additional 274,958 shares in the last quarter. 2.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

BBVA has been the topic of several recent analyst reports. Weiss Ratings reiterated a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Thursday, October 30th. Wall Street Zen cut shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Sunday, October 19th. Barclays upgraded shares of Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a research report on Thursday, August 7th. Finally, Morgan Stanley started coverage on shares of Banco Bilbao Viscaya Argentaria in a research report on Tuesday, October 21st. They set an “equal weight” rating on the stock. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Stock Performance

Banco Bilbao Viscaya Argentaria stock opened at $19.90 on Tuesday. The stock has a market cap of $116.15 billion, a P/E ratio of 10.47, a price-to-earnings-growth ratio of 1.07 and a beta of 1.19. The firm’s fifty day moving average price is $19.01 and its 200-day moving average price is $16.79. Banco Bilbao Viscaya Argentaria S.A. has a fifty-two week low of $9.23 and a fifty-two week high of $20.54. 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 (NYSE:BBVA) last issued its earnings results on Thursday, October 30th. The bank reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. The company had revenue of $10.62 billion for 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%. On average, equities research analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share 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. Investors of record on Thursday, November 6th will be given a $0.3736 dividend. 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 presently 31.41%.

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.