Callan Family Office LLC Grows Position in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Callan Family Office LLC boosted its stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 80.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 252,170 shares of the bank’s stock after acquiring an additional 112,340 shares during the quarter. Callan Family Office LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $3,876,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in BBVA. Wealth Enhancement Advisory Services LLC lifted its position in Banco Bilbao Viscaya Argentaria by 20.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 33,545 shares of the bank’s stock worth $326,000 after acquiring an additional 5,735 shares during the period. GAMMA Investing LLC lifted its position in Banco Bilbao Viscaya Argentaria by 1,922.4% during the 1st quarter. GAMMA Investing LLC now owns 219,759 shares of the bank’s stock worth $2,993,000 after acquiring an additional 208,893 shares during the period. Merit Financial Group LLC acquired a new stake in Banco Bilbao Viscaya Argentaria during the 1st quarter worth approximately $196,000. Simon Quick Advisors LLC acquired a new stake in Banco Bilbao Viscaya Argentaria during the 1st quarter worth approximately $199,000. Finally, Elevation Point Wealth Partners LLC acquired a new stake in Banco Bilbao Viscaya Argentaria during the 1st quarter worth approximately $209,000. 2.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Wall Street Zen raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Wednesday. Finally, Barclays raised Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a report on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy”.

Banco Bilbao Viscaya Argentaria Stock Down 2.2%

BBVA opened at $18.07 on Friday. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.01 and a quick ratio of 1.01. The business has a 50 day simple moving average of $18.68 and a 200-day simple moving average of $16.00. The stock has a market capitalization of $105.46 billion, a P/E ratio of 9.51, a P/E/G ratio of 0.98 and a beta of 1.19. Banco Bilbao Viscaya Argentaria S.A. has a 12 month low of $9.23 and a 12 month high of $19.42.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its quarterly earnings results on Thursday, July 31st. The bank reported $0.52 EPS for the quarter, beating the consensus estimate of $0.47 by $0.05. Banco Bilbao Viscaya Argentaria had a return on equity of 17.61% and a net margin of 29.17%.The business had revenue of $10.30 billion during the quarter, compared to analysts’ expectations of $10.24 billion. On average, equities analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current fiscal year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The company also recently disclosed a dividend, which will be paid on Monday, November 24th. Investors of record on Thursday, November 6th will be paid a $0.3736 dividend. This represents a yield of 395.0%. The ex-dividend date of this dividend is Thursday, November 6th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is presently 38.95%.

Banco Bilbao Viscaya 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.