Ativo Capital Management LLC Has $1.59 Million Stake in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Ativo Capital Management LLC decreased its holdings in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 2.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 103,581 shares of the bank’s stock after selling 3,072 shares during the quarter. Ativo Capital Management LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $1,592,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of BBVA. GAMMA Investing LLC grew its holdings in Banco Bilbao Viscaya Argentaria by 48.5% during the 1st quarter. GAMMA Investing LLC now owns 16,135 shares of the bank’s stock worth $220,000 after acquiring an additional 5,269 shares during the period. Simon Quick Advisors LLC acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the 1st quarter valued at $199,000. Elevation Point Wealth Partners LLC acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the 1st quarter valued at $209,000. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 3.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,767 shares of the bank’s stock valued at $474,000 after buying an additional 1,222 shares during the period. Finally, Sowell Financial Services LLC acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the 1st quarter valued at $244,000. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Trading Up 1.7%

Shares of NYSE:BBVA opened at $18.35 on Tuesday. Banco Bilbao Viscaya Argentaria S.A. has a 52-week low of $9.23 and a 52-week high of $19.42. The company has a market capitalization of $107.11 billion, a P/E ratio of 9.66, a price-to-earnings-growth ratio of 0.95 and a beta of 1.19. The company has a 50-day simple moving average of $18.70 and a 200 day simple moving average of $16.06. 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 released its quarterly earnings data on Thursday, July 31st. The bank reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $10.30 billion during the quarter, compared to analysts’ expectations of $10.24 billion. Sell-side analysts forecast that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current year.

Banco Bilbao Viscaya Argentaria Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts have issued reports on BBVA shares. Wall Street Zen raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings reiterated 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 research note on Thursday, August 7th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “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.