Vanguard Personalized Indexing Management LLC Boosts Holdings in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Vanguard Personalized Indexing Management LLC lifted its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 14.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 326,727 shares of the bank’s stock after purchasing an additional 42,446 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $5,022,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Financial Management Professionals Inc. raised its position 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 during the last quarter. Alpine Bank Wealth Management purchased a new position in Banco Bilbao Viscaya Argentaria in the 1st quarter worth about $29,000. Private Trust Co. NA raised its position in Banco Bilbao Viscaya Argentaria by 224.7% in the 1st quarter. Private Trust Co. NA now owns 2,607 shares of the bank’s stock worth $36,000 after buying an additional 1,804 shares during the last quarter. Cullen Frost Bankers Inc. purchased a new position in Banco Bilbao Viscaya Argentaria in the 1st quarter worth about $46,000. Finally, Bessemer Group Inc. raised its position in Banco Bilbao Viscaya Argentaria by 25.3% in the 1st quarter. Bessemer Group Inc. now owns 3,901 shares of the bank’s stock worth $53,000 after buying an additional 787 shares during the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on BBVA shares. Wall Street Zen raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research report on Saturday. Barclays raised Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a research report on Thursday, August 7th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy”.

Banco Bilbao Viscaya Argentaria Price Performance

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 firm has a market capitalization of $107.11 billion, a P/E ratio of 9.66, a PEG ratio of 0.95 and a beta of 1.19. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.18. The company has a 50-day moving average price of $18.70 and a 200-day moving average price of $16.06.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last released 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 analyst estimates of $10.24 billion. Equities research analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The business also recently disclosed a dividend, which will be paid on Monday, November 24th. Investors of record on Thursday, November 6th will be paid 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 payout ratio is 38.95%.

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.