Bank of New York Mellon Corp Has $11.59 Million Position in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Bank of New York Mellon Corp increased its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 11.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 753,909 shares of the bank’s stock after acquiring an additional 80,161 shares during the period. Bank of New York Mellon Corp’s holdings in Banco Bilbao Viscaya Argentaria were worth $11,588,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of BBVA. Financial Management Professionals Inc. increased its stake in shares of Banco Bilbao Viscaya Argentaria by 105.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,845 shares of the bank’s stock valued at $28,000 after buying an additional 949 shares during the period. Manchester Capital Management LLC boosted its holdings in Banco Bilbao Viscaya Argentaria by 19.2% in the first quarter. Manchester Capital Management LLC now owns 4,643 shares of the bank’s stock valued at $63,000 after acquiring an additional 748 shares during the last quarter. GHP Investment Advisors Inc. acquired a new stake in Banco Bilbao Viscaya Argentaria in the second quarter worth about $98,000. UMB Bank n.a. raised its holdings in Banco Bilbao Viscaya Argentaria by 12.8% during the 2nd quarter. UMB Bank n.a. now owns 6,574 shares of the bank’s stock worth $101,000 after purchasing an additional 748 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in Banco Bilbao Viscaya Argentaria by 290.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 6,644 shares of the bank’s stock valued at $90,000 after purchasing an additional 4,943 shares during the period. 2.96% of the stock is currently owned by institutional investors.

Banco Bilbao Viscaya Argentaria Trading Down 1.7%

BBVA opened at $20.41 on Wednesday. The firm’s fifty day moving average is $19.60 and its two-hundred day moving average is $17.34. The firm has a market cap of $119.16 billion, a PE ratio of 10.74, a price-to-earnings-growth ratio of 1.07 and a beta of 1.21. Banco Bilbao Viscaya Argentaria S.A. has a twelve month low of $9.23 and a twelve month high of $22.09. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.01 and a current ratio of 1.01.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Thursday, October 30th. The bank reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. The business had revenue of $10.62 billion during the quarter, compared to analysts’ expectations of $10.47 billion. Banco Bilbao Viscaya Argentaria had a net margin of 29.17% and a return on equity of 17.61%. Equities research analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current year.

Banco Bilbao Viscaya Argentaria Dividend Announcement

The firm also recently declared a dividend, which will be paid on Monday, November 24th. Stockholders of record on Thursday, November 6th will be given a dividend of $0.3736 per share. The ex-dividend date of this dividend is Thursday, November 6th. This represents a dividend yield of 361.0%. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is currently 31.41%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Weiss Ratings upgraded shares of Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Thursday, November 13th. Morgan Stanley started coverage on shares of Banco Bilbao Viscaya Argentaria in a research note on Tuesday, October 21st. They issued an “equal weight” rating on the stock. Wall Street Zen upgraded shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research report on Saturday. Zacks Research downgraded Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Finally, Barclays raised Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a research note on Thursday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

About Banco Bilbao Viscaya Argentaria

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.