Sequoia Financial Advisors LLC Buys 14,858 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

Sequoia Financial Advisors LLC grew its stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 22.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 79,683 shares of the bank’s stock after acquiring an additional 14,858 shares during the period. Sequoia Financial Advisors LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $1,225,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Yousif Capital Management LLC grew its position in shares of Banco Bilbao Viscaya Argentaria by 8.6% during the 2nd quarter. Yousif Capital Management LLC now owns 96,991 shares of the bank’s stock valued at $1,491,000 after acquiring an additional 7,695 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in Banco Bilbao Viscaya Argentaria by 1.6% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 43,444 shares of the bank’s stock worth $668,000 after buying an additional 670 shares during the period. Vanguard Personalized Indexing Management LLC boosted its holdings in Banco Bilbao Viscaya Argentaria by 14.9% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 326,727 shares of the bank’s stock worth $5,022,000 after buying an additional 42,446 shares during the period. Concurrent Investment Advisors LLC bought a new position in Banco Bilbao Viscaya Argentaria in the 2nd quarter worth approximately $235,000. Finally, Natural Investments LLC bought a new position in Banco Bilbao Viscaya Argentaria in the 2nd quarter worth approximately $154,000. 2.96% of the stock is owned by institutional investors.

Banco Bilbao Viscaya Argentaria Stock Up 0.4%

Shares of NYSE:BBVA opened at $19.56 on Friday. The firm has a fifty day moving average price of $18.79 and a two-hundred day moving average price of $16.18. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.01 and a quick ratio of 1.01. Banco Bilbao Viscaya Argentaria S.A. has a one year low of $9.23 and a one year high of $20.00. The company has a market cap of $114.19 billion, a price-to-earnings ratio of 10.29, a PEG ratio of 0.93 and a beta of 1.19.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its quarterly 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 net margin of 29.17% and a return on equity of 17.61%. The firm had revenue of $10.30 billion during the quarter, compared to the consensus estimate of $10.24 billion. Analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The business also recently disclosed a dividend, which will be paid on Monday, November 24th. Stockholders of record on Thursday, November 6th will be given a dividend of $0.3736 per share. The ex-dividend date is Thursday, November 6th. This represents a dividend yield of 395.0%. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is 38.95%.

Analyst Ratings Changes

BBVA has been the subject of several analyst reports. Wall Street Zen raised shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Wednesday, October 8th. Finally, Barclays raised shares of Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a report on Thursday, August 7th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Banco Bilbao Viscaya Argentaria presently has a consensus rating of “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.