Beck Bode LLC Buys New Shares in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Beck Bode LLC bought a new position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 87,319 shares of the bank’s stock, valued at approximately $1,342,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Financial Management Professionals Inc. lifted its position in shares of Banco Bilbao Viscaya Argentaria by 105.9% in the second quarter. Financial Management Professionals Inc. now owns 1,845 shares of the bank’s stock valued at $28,000 after acquiring an additional 949 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new stake in shares of Banco Bilbao Viscaya Argentaria during the first quarter worth about $46,000. Manchester Capital Management LLC raised its stake in Banco Bilbao Viscaya Argentaria by 19.2% during the 1st quarter. Manchester Capital Management LLC now owns 4,643 shares of the bank’s stock valued at $63,000 after purchasing an additional 748 shares during the period. Geneos Wealth Management Inc. lifted its holdings in Banco Bilbao Viscaya Argentaria by 290.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 6,644 shares of the bank’s stock worth $90,000 after purchasing an additional 4,943 shares in the last quarter. Finally, Brooklyn Investment Group boosted its stake in Banco Bilbao Viscaya Argentaria by 89.6% in the 1st quarter. Brooklyn Investment Group now owns 6,711 shares of the bank’s stock worth $91,000 after purchasing an additional 3,171 shares during the period. 2.96% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Morgan Stanley assumed coverage on shares of Banco Bilbao Viscaya Argentaria in a research note on Tuesday, October 21st. They set an “equal weight” rating for the company. Barclays raised shares of Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a report on Thursday, August 7th. Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Sunday, October 19th. Finally, Weiss Ratings reiterated a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Stock Up 1.8%

Shares of NYSE:BBVA opened at $21.48 on Wednesday. The firm has a market capitalization of $125.40 billion, a PE ratio of 11.31, a price-to-earnings-growth ratio of 1.07 and a beta of 1.21. The business has a 50 day simple moving average of $19.32 and a two-hundred day simple moving average of $17.08. Banco Bilbao Viscaya Argentaria S.A. has a 1 year low of $9.23 and a 1 year high of $21.52. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.01 and a quick ratio of 1.01.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its quarterly earnings results on Thursday, October 30th. The bank reported $0.49 EPS for the quarter, topping the consensus estimate of $0.48 by $0.01. The company had revenue of $10.62 billion for the quarter, compared to the consensus estimate of $10.47 billion. Banco Bilbao Viscaya Argentaria had a net margin of 29.17% and a return on equity of 17.61%. On average, equities analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The business also recently announced a dividend, which will be paid on Monday, November 24th. Shareholders of record on Thursday, November 6th will be issued a dividend of $0.3736 per share. The ex-dividend date is Thursday, November 6th. This represents a yield of 361.0%. Banco Bilbao Viscaya Argentaria’s dividend payout ratio is currently 31.41%.

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.