Banco Bilbao Viscaya Argentaria S.A. $BBVA Shares Purchased by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC boosted its holdings in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 10.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 19,120 shares of the bank’s stock after buying an additional 1,803 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $294,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. grew its position in Banco Bilbao Viscaya Argentaria by 105.9% in the second 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 acquired a new position in Banco Bilbao Viscaya Argentaria in the first quarter worth approximately $29,000. Private Trust Co. NA grew its position in Banco Bilbao Viscaya Argentaria by 224.7% in the first 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. acquired a new position in Banco Bilbao Viscaya Argentaria in the first quarter worth approximately $46,000. Finally, Bessemer Group Inc. grew its position in Banco Bilbao Viscaya Argentaria by 25.3% in the first 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. Institutional investors and hedge funds own 2.96% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on BBVA. Wall Street Zen lowered shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, July 12th. 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. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Wednesday. 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 stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

Banco Bilbao Viscaya Argentaria Trading Down 2.3%

Shares of NYSE:BBVA opened at $18.47 on Friday. The firm has a fifty day moving average of $18.65 and a two-hundred day moving average of $15.98. The firm has a market capitalization of $107.83 billion, a P/E ratio of 9.72, a price-to-earnings-growth ratio of 1.00 and a beta of 1.19. Banco Bilbao Viscaya Argentaria S.A. has a 12-month low of $9.23 and a 12-month high of $19.42. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.18.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued 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. The company had revenue of $10.30 billion during the quarter, compared to analyst estimates of $10.24 billion. Banco Bilbao Viscaya Argentaria had a net margin of 29.17% and a return on equity of 17.61%. On average, equities analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The business 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 of this dividend is Thursday, November 6th. This represents a dividend yield of 395.0%. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is 31.58%.

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.