Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Shares Bought by Stonegate Investment Group LLC

Stonegate Investment Group LLC grew its position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 4.3% in the third quarter, HoldingsChannel reports. The fund owned 194,445 shares of the bank’s stock after acquiring an additional 7,928 shares during the quarter. Stonegate Investment Group LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $2,108,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on BBVA shares. Citigroup raised shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research note on Friday, August 9th. Royal Bank of Canada upgraded Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research report 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 given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of NYSE BBVA traded up $0.20 during mid-day trading on Friday, hitting $10.07. The company had a trading volume of 268,841 shares, compared to its average volume of 1,474,031. The company has a market capitalization of $58.79 billion, a PE ratio of 6.71, a price-to-earnings-growth ratio of 1.10 and a beta of 1.30. Banco Bilbao Vizcaya Argentaria, S.A. has a 1-year low of $7.76 and a 1-year high of $12.20. The business’s 50-day simple moving average is $10.35 and its 200 day simple moving average is $10.53.

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, beating analysts’ consensus estimates of $0.48 by $0.03. Banco Bilbao Vizcaya Argentaria had a return on equity of 16.40% and a net margin of 27.55%. The company had revenue of $9.93 billion for 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 company also recently disclosed a Semi-Annual dividend, which will be paid on Friday, October 25th. Shareholders of record on Wednesday, October 9th will be issued a dividend of $0.3244 per share. This is a positive change from Banco Bilbao Vizcaya Argentaria’s previous Semi-Annual dividend of $0.11. The ex-dividend date is Wednesday, October 9th. This represents a dividend yield of 5.6%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is presently 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.