Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC lifted its position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 198.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 91,450 shares of the bank's stock after acquiring an additional 60,797 shares during the quarter. NewEdge Advisors LLC's holdings in Banco Bilbao Vizcaya Argentaria were worth $917,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Rothschild Investment LLC bought a new position in Banco Bilbao Vizcaya Argentaria in the 2nd quarter valued at $40,000. Ashton Thomas Private Wealth LLC purchased a new position in Banco Bilbao Vizcaya Argentaria in the 2nd quarter worth about $43,000. Financial Management Professionals Inc. lifted its holdings in Banco Bilbao Vizcaya Argentaria by 295.3% during the 1st quarter. Financial Management Professionals Inc. now owns 4,076 shares of the bank's stock valued at $48,000 after buying an additional 3,045 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its position in Banco Bilbao Vizcaya Argentaria by 67.8% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank's stock valued at $49,000 after buying an additional 1,990 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. grew its stake in Banco Bilbao Vizcaya Argentaria by 567.5% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 4,646 shares of the bank's stock worth $55,000 after acquiring an additional 3,950 shares in the last quarter. 2.96% of the stock is owned by hedge funds and other institutional investors.

Banco Bilbao Vizcaya Argentaria Stock Down 0.8 %

Shares of NYSE BBVA traded down $0.08 during midday trading on Tuesday, reaching $10.54. 1,083,018 shares of the company's stock traded hands, compared to its average volume of 1,491,919. The company has a market cap of $61.53 billion, a price-to-earnings ratio of 7.17, a P/E/G ratio of 1.03 and a beta of 1.30. The stock's 50 day simple moving average is $10.32 and its 200-day simple moving average is $10.61. Banco Bilbao Vizcaya Argentaria, S.A. has a one year low of $7.76 and a one year high of $12.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last announced its earnings results on Thursday, August 1st. The bank reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.03. The business had revenue of $9.93 billion for the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 16.40% and a net margin of 27.55%. During the same period last year, the business posted $0.36 EPS. Equities analysts predict that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.75 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently announced a Semi-Annual dividend, which will be paid on Friday, October 25th. Shareholders of record on Wednesday, October 9th will be issued a $0.3244 dividend. The ex-dividend date is Wednesday, October 9th. This is an increase from Banco Bilbao Vizcaya Argentaria's previous Semi-Annual dividend of $0.11. This represents a yield of 5.6%. Banco Bilbao Vizcaya Argentaria's payout ratio is currently 35.37%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on BBVA shares. BNP Paribas lowered Banco Bilbao Vizcaya Argentaria from a "neutral" rating to an "underperform" rating in a report on Wednesday, June 12th. Citigroup upgraded Banco Bilbao Vizcaya Argentaria to a "strong-buy" rating in a report on Friday, August 9th. Finally, Royal Bank of Canada upgraded Banco Bilbao Vizcaya Argentaria to a "moderate buy" rating in a research note on Wednesday, July 31st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Banco Bilbao Vizcaya Argentaria has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya 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.