Natural Investments LLC bought a new stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 10,081 shares of the bank’s stock, valued at approximately $154,000.
Several other hedge funds have also recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC grew its position in shares of Banco Bilbao Viscaya Argentaria by 20.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 33,545 shares of the bank’s stock valued at $326,000 after purchasing an additional 5,735 shares during the last quarter. Merit Financial Group LLC acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the first quarter valued at approximately $196,000. GAMMA Investing LLC grew its position in shares of Banco Bilbao Viscaya Argentaria by 48.5% in the first quarter. GAMMA Investing LLC now owns 16,135 shares of the bank’s stock valued at $220,000 after purchasing an additional 5,269 shares during the last quarter. Simon Quick Advisors LLC acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the first quarter valued at approximately $199,000. Finally, Elevation Point Wealth Partners LLC acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the first quarter valued at approximately $209,000. 2.96% of the stock is currently owned by institutional investors and hedge funds.
Banco Bilbao Viscaya Argentaria Stock Performance
Shares of NYSE:BBVA opened at $18.07 on Friday. The company’s 50 day moving average price is $18.68 and its two-hundred day moving average price is $16.02. Banco Bilbao Viscaya Argentaria S.A. has a 12-month low of $9.23 and a 12-month high of $19.42. The firm has a market cap of $105.46 billion, a PE ratio of 9.51, a PEG ratio of 0.95 and a beta of 1.19. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.18.
Banco Bilbao Viscaya Argentaria Dividend Announcement
The company also recently declared a dividend, which will be paid on Monday, November 24th. Investors of record on Thursday, November 6th will be given a dividend of $0.3736 per share. The ex-dividend date is Thursday, November 6th. This represents a dividend yield of 395.0%. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is currently 38.95%.
Analysts Set New Price Targets
Several equities analysts have recently commented on the company. Barclays raised Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a research report on Thursday, August 7th. Weiss Ratings restated a “buy (b)” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Wednesday. Finally, Wall Street Zen upgraded shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research report on Saturday. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Banco Bilbao Viscaya Argentaria presently has a consensus rating of “Buy”.
Banco Bilbao Viscaya 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.
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