Mediolanum International Funds Ltd Takes $2.30 Million Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Mediolanum International Funds Ltd bought a new stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 207,112 shares of the bank's stock, valued at approximately $2,297,000.

Other large investors also recently added to or reduced their stakes in the company. Rothschild Investment LLC acquired a new stake in Banco Bilbao Vizcaya Argentaria in the 2nd quarter worth approximately $40,000. Financial Management Professionals Inc. lifted its position 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 worth $48,000 after acquiring an additional 3,045 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in Banco Bilbao Vizcaya Argentaria during the second quarter valued at about $43,000. Whittier Trust Co. of Nevada Inc. increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 567.5% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 4,646 shares of the bank's stock worth $55,000 after purchasing an additional 3,950 shares during the period. Finally, Benjamin F. Edwards & Company Inc. lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 67.8% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank's stock worth $49,000 after purchasing an additional 1,990 shares during the last quarter. 2.96% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have issued reports on BBVA. Citigroup raised Banco Bilbao Vizcaya Argentaria to a "strong-buy" rating in a report on Friday, August 9th. Royal Bank of Canada raised shares of Banco Bilbao Vizcaya Argentaria to a "moderate buy" rating in a research report on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of NYSE:BBVA traded down $0.12 during trading on Friday, hitting $9.70. 855,769 shares of the stock were exchanged, compared to its average volume of 1,471,662. The company's fifty day simple moving average is $10.34 and its 200-day simple moving average is $10.45. The company has a market capitalization of $56.63 billion, a price-to-earnings ratio of 6.60, a price-to-earnings-growth ratio of 1.10 and a beta of 1.30. Banco Bilbao Vizcaya Argentaria, S.A. has a 1-year low of $7.76 and a 1-year high of $12.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last announced its quarterly 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. Banco Bilbao Vizcaya Argentaria had a net margin of 27.55% and a return on equity of 16.40%. The firm had revenue of $9.93 billion for the quarter. During the same period last year, the firm earned $0.36 EPS. On average, research analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.75 earnings per share for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently disclosed a Semi-Annual dividend, which was paid on Friday, October 25th. Stockholders of record on Wednesday, October 9th were paid a $0.3244 dividend. This is a positive change from Banco Bilbao Vizcaya Argentaria's previous Semi-Annual dividend of $0.11. This represents a dividend yield of 5.6%. The ex-dividend date of this dividend was Wednesday, October 9th. Banco Bilbao Vizcaya Argentaria's dividend payout ratio is currently 34.69%.

Banco Bilbao Vizcaya 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.