Banco Bilbao Vizcaya Argentaria SA (BBVA) Shares Sold by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership decreased its position in Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) by 30.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,352,530 shares of the bank’s stock after selling 588,235 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Banco Bilbao Vizcaya Argentaria SA were worth $11,307,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in BBVA. CAPROCK Group Inc. purchased a new stake in Banco Bilbao Vizcaya Argentaria SA in the second quarter valued at approximately $109,000. Proficio Capital Partners LLC raised its position in Banco Bilbao Vizcaya Argentaria SA by 59.4% in the first quarter. Proficio Capital Partners LLC now owns 13,103 shares of the bank’s stock valued at $110,000 after purchasing an additional 4,884 shares during the period. Shelton Capital Management purchased a new stake in Banco Bilbao Vizcaya Argentaria SA in the second quarter valued at approximately $132,000. Gilbert & Cook Inc. purchased a new stake in Banco Bilbao Vizcaya Argentaria SA in the second quarter valued at approximately $134,000. Finally, Johnson Financial Group LLC raised its position in Banco Bilbao Vizcaya Argentaria SA by 18.1% in the second quarter. Johnson Financial Group LLC now owns 16,802 shares of the bank’s stock valued at $140,000 after purchasing an additional 2,577 shares during the period.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ BBVA) traded up 0.12% during mid-day trading on Friday, hitting $8.70. The stock had a trading volume of 192,109 shares. The company has a market cap of $57.95 billion and a price-to-earnings ratio of 12.81. Banco Bilbao Vizcaya Argentaria SA has a one year low of $6.04 and a one year high of $9.35. The company has a 50 day moving average price of $8.77 and a 200-day moving average price of $8.45.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) last issued its earnings results on Friday, July 28th. The bank reported $0.18 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.18. Banco Bilbao Vizcaya Argentaria SA had a net margin of 17.53% and a return on equity of 9.26%. The business had revenue of $6.96 billion for the quarter. Equities analysts expect that Banco Bilbao Vizcaya Argentaria SA will post $0.61 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 25th. Stockholders of record on Monday, October 9th will be paid a $0.1061 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.89%. The ex-dividend date is Thursday, October 5th. This is an increase from Banco Bilbao Vizcaya Argentaria SA’s previous quarterly dividend of $0.08.

A number of brokerages have issued reports on BBVA. Zacks Investment Research raised Banco Bilbao Vizcaya Argentaria SA from a “hold” rating to a “buy” rating and set a $9.75 target price on the stock in a research report on Monday, September 18th. ValuEngine lowered Banco Bilbao Vizcaya Argentaria SA from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. Finally, BidaskClub lowered Banco Bilbao Vizcaya Argentaria SA from a “buy” rating to a “hold” rating in a research report on Monday, August 14th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $9.75.

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Banco Bilbao Vizcaya Argentaria SA Profile

Banco Bilbao Vizcaya Argentaria, SA (BBVA) is a diversified financial company engaged in retail banking, wholesale banking, asset management and private banking. Its segments include Banking Activity in Spain, Real Estate Activity in Spain, the United States Turkey, Mexico, South America and Rest of Eurasia.

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Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA)

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