Vestmark Advisory Solutions Inc. Acquires Shares of 115,354 Banco Bilbao Viscaya Argentaria S.A. $BBVA

Vestmark Advisory Solutions Inc. bought a new position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 115,354 shares of the bank’s stock, valued at approximately $1,773,000.

A number of other large investors have also added to or reduced their stakes in BBVA. Financial Management Professionals Inc. lifted its holdings in Banco Bilbao Viscaya Argentaria by 105.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,845 shares of the bank’s stock worth $28,000 after buying an additional 949 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new stake in shares of Banco Bilbao Viscaya Argentaria during the first quarter valued at about $46,000. Manchester Capital Management LLC increased its position in shares of Banco Bilbao Viscaya Argentaria by 19.2% during the first quarter. Manchester Capital Management LLC now owns 4,643 shares of the bank’s stock worth $63,000 after acquiring an additional 748 shares during the last quarter. GHP Investment Advisors Inc. purchased a new stake in shares of Banco Bilbao Viscaya Argentaria during the second quarter worth about $98,000. Finally, UMB Bank n.a. lifted its stake in shares of Banco Bilbao Viscaya Argentaria by 12.8% in the second quarter. UMB Bank n.a. now owns 6,574 shares of the bank’s stock worth $101,000 after acquiring an additional 748 shares in the last quarter. 2.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Weiss Ratings restated a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Thursday, October 30th. Barclays raised shares of Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a research report on Thursday, August 7th. Morgan Stanley started coverage on shares of Banco Bilbao Viscaya Argentaria in a report on Tuesday, October 21st. They issued an “equal weight” rating on the stock. Finally, Wall Street Zen lowered shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Sunday, October 19th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of BBVA opened at $20.44 on Monday. The stock has a market capitalization of $119.30 billion, a PE ratio of 10.76, a price-to-earnings-growth ratio of 1.07 and a beta of 1.21. The business’s fifty day moving average price is $19.19 and its 200 day moving average price is $16.98. 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 12-month low of $9.23 and a 12-month high of $20.77.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its earnings results on Thursday, October 30th. The bank reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. Banco Bilbao Viscaya Argentaria had a net margin of 29.17% and a return on equity of 17.61%. The company had revenue of $10.62 billion for the quarter, compared to analysts’ expectations of $10.47 billion. Equities research analysts forecast that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current 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 issued a $0.3736 dividend. The ex-dividend date of this dividend is Thursday, November 6th. This represents a yield of 361.0%. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is currently 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.