People s United Financial Inc. lessened its holdings in shares of Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) by 5.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 247,559 shares of the bank’s stock after selling 15,521 shares during the quarter. People s United Financial Inc.’s holdings in Banco Bilbao Vizcaya Argentaria SA were worth $2,070,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. CAPROCK Group Inc. acquired a new stake in Banco Bilbao Vizcaya Argentaria SA during the 2nd quarter worth $109,000. Proficio Capital Partners LLC boosted its stake in Banco Bilbao Vizcaya Argentaria SA by 59.4% during the 1st quarter. Proficio Capital Partners LLC now owns 13,103 shares of the bank’s stock worth $110,000 after purchasing an additional 4,884 shares during the last quarter. Gilbert & Cook Inc. acquired a new stake in Banco Bilbao Vizcaya Argentaria SA during the 2nd quarter worth $134,000. Johnson Financial Group LLC boosted its stake in Banco Bilbao Vizcaya Argentaria SA by 18.1% during the 2nd quarter. Johnson Financial Group LLC now owns 16,802 shares of the bank’s stock worth $140,000 after purchasing an additional 2,577 shares during the last quarter. Finally, Stratos Wealth Partners LTD. boosted its stake in Banco Bilbao Vizcaya Argentaria SA by 6.6% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 17,566 shares of the bank’s stock worth $147,000 after purchasing an additional 1,080 shares during the last quarter.

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BBVA has been the topic of several recent research reports. Zacks Investment Research raised shares of Banco Bilbao Vizcaya Argentaria SA from a “hold” rating to a “buy” rating and set a $9.75 target price on the stock in a research note on Friday, July 21st. BidaskClub raised shares of Banco Bilbao Vizcaya Argentaria SA from a “hold” rating to a “buy” rating in a research note on Friday, June 30th. Finally, ValuEngine cut shares of Banco Bilbao Vizcaya Argentaria SA from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $9.75.

Banco Bilbao Vizcaya Argentaria SA (BBVA) traded up 1.25% on Friday, hitting $8.92. The stock had a trading volume of 2,378,501 shares. The stock has a market cap of $59.41 billion and a price-to-earnings ratio of 13.14. The stock’s 50 day moving average is $8.90 and its 200 day moving average is $8.30. Banco Bilbao Vizcaya Argentaria SA has a one year low of $5.78 and a one year high of $9.35.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) last posted its quarterly earnings data on Friday, July 28th. The bank reported $0.18 EPS for the quarter, meeting analysts’ consensus estimates of $0.18. The business had revenue of $6.96 billion for the quarter. Banco Bilbao Vizcaya Argentaria SA had a return on equity of 9.26% and a net margin of 17.53%. Analysts anticipate that Banco Bilbao Vizcaya Argentaria SA will post $0.61 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 25th. Investors of record on Monday, October 9th will be paid a dividend of $0.1061 per share. The ex-dividend date of this dividend is Thursday, October 5th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.76%. This is a positive change from Banco Bilbao Vizcaya Argentaria SA’s previous quarterly dividend of $0.08.

Banco Bilbao Vizcaya Argentaria SA Company Profile

Banco Bilbao Vizcaya Argentaria, SA (BBVA) is a diversified financial company engaged in retail banking, wholesale banking, asset management and private banking. Its segments include Banking Activity in Spain, Real Estate Activity in Spain, the United States Turkey, Mexico, South America and Rest of Eurasia.

Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA)

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