Capital Investment Advisors LLC Makes New $116,000 Investment in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Capital Investment Advisors LLC bought a new stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,704 shares of the bank’s stock, valued at approximately $116,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Dimensional Fund Advisors LP raised its position in Banco Bilbao Vizcaya Argentaria by 5.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 11,103,927 shares of the bank’s stock valued at $111,371,000 after purchasing an additional 619,836 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 9.9% in the second quarter. Envestnet Asset Management Inc. now owns 4,412,058 shares of the bank’s stock valued at $44,253,000 after buying an additional 396,829 shares during the last quarter. Clearbridge Investments LLC lifted its position in Banco Bilbao Vizcaya Argentaria by 172.8% during the 2nd quarter. Clearbridge Investments LLC now owns 3,096,738 shares of the bank’s stock worth $31,060,000 after buying an additional 1,961,553 shares in the last quarter. American Century Companies Inc. grew its holdings in Banco Bilbao Vizcaya Argentaria by 24.2% during the 2nd quarter. American Century Companies Inc. now owns 1,890,079 shares of the bank’s stock worth $18,957,000 after acquiring an additional 368,660 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC increased its position in Banco Bilbao Vizcaya Argentaria by 1.5% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,363,752 shares of the bank’s stock valued at $16,147,000 after acquiring an additional 20,719 shares in the last quarter. 2.96% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently weighed in on BBVA. Citigroup raised shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a report on Friday, August 9th. Royal Bank of Canada raised Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research note on Wednesday, July 31st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Price Performance

BBVA opened at $9.92 on Wednesday. The firm has a 50 day simple moving average of $10.36 and a 200 day simple moving average of $10.47. Banco Bilbao Vizcaya Argentaria, S.A. has a fifty-two week low of $7.76 and a fifty-two week high of $12.20. The company has a market cap of $57.91 billion, a price-to-earnings ratio of 6.75, a price-to-earnings-growth ratio of 1.10 and a beta of 1.30.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its earnings results on Thursday, August 1st. The bank reported $0.51 EPS for the quarter, beating the consensus estimate 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 company had revenue of $9.93 billion during the quarter. During the same quarter in the previous year, the firm posted $0.36 EPS. As a group, 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 declared 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 of this dividend is Wednesday, October 9th. This is a boost 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 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.