Whittier Trust Co. of Nevada Inc. Has $1.23 Million Stake in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Whittier Trust Co. of Nevada Inc. boosted its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 56.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,790 shares of the bank’s stock after buying an additional 28,664 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Banco Bilbao Viscaya Argentaria were worth $1,226,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of BBVA. Goldman Sachs Group Inc. boosted its stake in Banco Bilbao Viscaya Argentaria by 10.2% in the first quarter. Goldman Sachs Group Inc. now owns 10,941,273 shares of the bank’s stock worth $149,020,000 after purchasing an additional 1,014,305 shares in the last quarter. Clark Capital Management Group Inc. boosted its stake in Banco Bilbao Viscaya Argentaria by 6.6% in the first quarter. Clark Capital Management Group Inc. now owns 5,578,381 shares of the bank’s stock worth $75,978,000 after purchasing an additional 347,564 shares in the last quarter. Vident Advisory LLC boosted its stake in Banco Bilbao Viscaya Argentaria by 159.1% in the first quarter. Vident Advisory LLC now owns 447,780 shares of the bank’s stock worth $6,099,000 after purchasing an additional 274,958 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Banco Bilbao Viscaya Argentaria by 59.9% in the first quarter. Bank of New York Mellon Corp now owns 673,748 shares of the bank’s stock worth $9,176,000 after purchasing an additional 252,492 shares in the last quarter. Finally, New York State Common Retirement Fund acquired a new position in Banco Bilbao Viscaya Argentaria in the first quarter worth $3,081,000. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Trading Up 0.4%

NYSE BBVA opened at $19.65 on Thursday. The stock has a 50-day simple moving average of $18.86 and a 200 day simple moving average of $16.31. The company has a market capitalization of $114.69 billion, a PE ratio of 10.34, a P/E/G ratio of 1.03 and a beta of 1.19. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.18. Banco Bilbao Viscaya Argentaria S.A. has a 12 month low of $9.23 and a 12 month high of $20.16.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its earnings results 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 firm had revenue of $10.30 billion during the quarter, compared to analysts’ expectations of $10.24 billion. Research analysts forecast that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The company 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. This represents a dividend yield of 395.0%. The ex-dividend date of this dividend is Thursday, November 6th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio is currently 38.95%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on BBVA shares. Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Sunday. Morgan Stanley assumed coverage on Banco Bilbao Viscaya Argentaria in a research report on Tuesday. They set an “equal weight” rating for the company. Barclays upgraded Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a research report on Thursday, August 7th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Banco Bilbao Viscaya Argentaria currently has a consensus rating of “Moderate 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.