Wedmont Private Capital Buys 1,968 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Wedmont Private Capital lifted its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 14.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,510 shares of the bank’s stock after acquiring an additional 1,968 shares during the quarter. Wedmont Private Capital’s holdings in Banco Bilbao Vizcaya Argentaria were worth $165,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in BBVA. Signaturefd LLC lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 0.9% in the 2nd quarter. Signaturefd LLC now owns 109,672 shares of the bank’s stock valued at $1,100,000 after purchasing an additional 993 shares during the period. GAMMA Investing LLC lifted its stake in Banco Bilbao Vizcaya Argentaria by 20.9% in the first quarter. GAMMA Investing LLC now owns 5,754 shares of the bank’s stock valued at $68,000 after buying an additional 996 shares during the period. Moloney Securities Asset Management LLC boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 6.6% during the 1st quarter. Moloney Securities Asset Management LLC now owns 16,192 shares of the bank’s stock worth $192,000 after buying an additional 1,000 shares in the last quarter. Optas LLC grew its position in shares of Banco Bilbao Vizcaya Argentaria by 6.0% during the 2nd quarter. Optas LLC now owns 18,708 shares of the bank’s stock worth $188,000 after buying an additional 1,053 shares during the period. Finally, PDS Planning Inc increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 4.4% in the 1st quarter. PDS Planning Inc now owns 27,141 shares of the bank’s stock valued at $321,000 after acquiring an additional 1,150 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on BBVA shares. Citigroup upgraded shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a report on Friday, August 9th. Royal Bank of Canada upgraded Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research note on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Up 1.2 %

Shares of BBVA opened at $10.18 on Monday. The stock has a market cap of $59.43 billion, a P/E ratio of 6.93, a P/E/G ratio of 1.10 and a beta of 1.30. The business’s fifty day moving average is $10.31 and its 200 day moving average is $10.56. Banco Bilbao Vizcaya Argentaria, S.A. has a 12-month low of $7.76 and a 12-month high of $12.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its quarterly earnings data on Thursday, August 1st. The bank reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.03. Banco Bilbao Vizcaya Argentaria had a net margin of 27.55% and a return on equity of 16.40%. The firm had revenue of $9.93 billion during the quarter. During the same quarter in the prior year, the business earned $0.36 earnings per share. On average, analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.75 EPS for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently disclosed a Semi-Annual dividend, which will be paid on Friday, October 25th. Stockholders 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 Semi-Annual dividend of $0.11. This represents a dividend yield of 5.6%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is 35.37%.

Banco Bilbao Vizcaya Argentaria Company 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.