Benjamin F. Edwards & Company Inc. Acquires 1,990 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Benjamin F. Edwards & Company Inc. boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 67.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,924 shares of the bank’s stock after acquiring an additional 1,990 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $49,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rothschild Investment LLC bought a new position in Banco Bilbao Vizcaya Argentaria during the 2nd quarter worth $40,000. Financial Management Professionals Inc. raised its position in shares of Banco Bilbao Vizcaya Argentaria by 295.3% during the first quarter. Financial Management Professionals Inc. now owns 4,076 shares of the bank’s stock worth $48,000 after acquiring an additional 3,045 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria in the second quarter worth approximately $43,000. Whittier Trust Co. of Nevada Inc. boosted its holdings in Banco Bilbao Vizcaya Argentaria by 567.5% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 4,646 shares of the bank’s stock valued at $55,000 after acquiring an additional 3,950 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in Banco Bilbao Vizcaya Argentaria by 20.9% during the 1st quarter. GAMMA Investing LLC now owns 5,754 shares of the bank’s stock worth $68,000 after purchasing an additional 996 shares during the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. BNP Paribas downgraded Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a report on Wednesday, June 12th. Citigroup upgraded Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a report on Friday, August 9th. Finally, Royal Bank of Canada raised Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research note on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

NYSE BBVA opened at $11.07 on Friday. The company has a market capitalization of $64.60 billion, a PE ratio of 7.53, a price-to-earnings-growth ratio of 1.03 and a beta of 1.30. Banco Bilbao Vizcaya Argentaria, S.A. has a 52-week low of $7.76 and a 52-week high of $12.20. The company has a 50-day simple moving average of $10.37 and a 200 day simple moving average of $10.65.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its quarterly earnings results on Thursday, August 1st. The bank reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.03. The company had revenue of $9.93 billion during the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 16.40% and a net margin of 27.55%. During the same quarter in the previous year, the company posted $0.36 EPS. As a group, analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.75 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, October 25th. Shareholders of record on Wednesday, October 9th will be paid a $0.3244 dividend. The ex-dividend date is Wednesday, October 9th. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous dividend of $0.11. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is currently 45.58%.

Banco Bilbao Vizcaya 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.