Personal CFO Solutions LLC Grows Stake in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Personal CFO Solutions LLC lifted its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 8.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,898 shares of the bank’s stock after purchasing an additional 2,577 shares during the quarter. Personal CFO Solutions LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $521,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its stake in Banco Bilbao Viscaya Argentaria by 10.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 10,941,273 shares of the bank’s stock valued at $149,020,000 after purchasing an additional 1,014,305 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 17.1% during the second quarter. Envestnet Asset Management Inc. now owns 4,375,294 shares of the bank’s stock valued at $67,247,000 after buying an additional 637,519 shares during the last quarter. Assetmark Inc. increased its position in shares of Banco Bilbao Viscaya Argentaria by 1,198.6% during the second quarter. Assetmark Inc. now owns 491,502 shares of the bank’s stock valued at $7,554,000 after acquiring an additional 453,654 shares in the last quarter. Clark Capital Management Group Inc. raised its holdings in Banco Bilbao Viscaya Argentaria by 6.6% in the 1st quarter. Clark Capital Management Group Inc. now owns 5,578,381 shares of the bank’s stock worth $75,978,000 after acquiring an additional 347,564 shares during the last quarter. Finally, Vident Advisory LLC lifted its position in Banco Bilbao Viscaya Argentaria by 159.1% in the 1st quarter. Vident Advisory LLC now owns 447,780 shares of the bank’s stock valued at $6,099,000 after acquiring an additional 274,958 shares in the last quarter. Institutional investors own 2.96% of the company’s stock.

Wall Street Analysts Forecast Growth

BBVA has been the subject of several recent analyst reports. Wall Street Zen upgraded Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research note on Saturday, November 15th. Weiss Ratings reiterated a “buy (a-)” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Wednesday. Morgan Stanley assumed coverage on shares of Banco Bilbao Viscaya Argentaria in a research note on Tuesday, October 21st. They set an “equal weight” rating on the stock. Zacks Research downgraded shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. 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. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three 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 Trading Up 0.9%

Shares of BBVA stock opened at $20.42 on Friday. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market cap of $119.21 billion, a price-to-earnings ratio of 10.75, a PEG ratio of 1.07 and a beta of 1.21. Banco Bilbao Viscaya Argentaria S.A. has a 1 year low of $9.23 and a 1 year high of $22.09. The firm has a fifty day moving average price of $19.68 and a 200-day moving average price of $17.42.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last released its earnings results on Thursday, October 30th. The bank reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.01. Banco Bilbao Viscaya Argentaria had a return on equity of 17.61% and a net margin of 29.17%.The company had revenue of $10.62 billion for the quarter, compared to the consensus estimate of $10.47 billion. As a group, equities analysts predict 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 company also recently announced a dividend, which will be paid on Monday, November 24th. Shareholders 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 yield of 361.0%. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is presently 30.89%.

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.