GFS Advisors LLC Increases Stock Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

GFS Advisors LLC lifted its position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 128,454.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 321,385 shares of the bank's stock after buying an additional 321,135 shares during the period. GFS Advisors LLC's holdings in Banco Bilbao Vizcaya Argentaria were worth $3,484,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Capital Research Global Investors raised its stake in Banco Bilbao Vizcaya Argentaria by 56.2% during the first quarter. Capital Research Global Investors now owns 233,631 shares of the bank's stock valued at $2,766,000 after buying an additional 84,063 shares during the last quarter. Capital Wealth Planning LLC grew its holdings in Banco Bilbao Vizcaya Argentaria by 30.1% during the first quarter. Capital Wealth Planning LLC now owns 432,620 shares of the bank's stock valued at $5,122,000 after purchasing an additional 100,170 shares during the period. Deltec Asset Management LLC bought a new stake in Banco Bilbao Vizcaya Argentaria during the second quarter valued at about $928,000. Mediolanum International Funds Ltd bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the third quarter worth about $2,297,000. Finally, Norden Group LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the first quarter worth about $979,000. 2.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Banco Bilbao Vizcaya Argentaria Stock Up 1.6 %

Shares of BBVA stock traded up $0.16 on Friday, hitting $10.09. The company had a trading volume of 1,468,416 shares, compared to its average volume of 1,188,657. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $8.03 and a twelve month high of $12.20. The company has a 50-day moving average price of $10.29 and a 200-day moving average price of $10.41. The firm has a market cap of $58.90 billion, a P/E ratio of 5.80, a price-to-earnings-growth ratio of 0.98 and a beta of 1.31.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The bank reported $0.48 EPS for the quarter, topping the consensus estimate of $0.44 by $0.04. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.26% and a net margin of 28.55%. The company had revenue of $9.58 billion during the quarter. Equities research analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.69 EPS for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Friday, October 25th. Shareholders of record on Wednesday, October 9th were paid a dividend of $0.3244 per share. This represents a yield of 5.6%. This is a boost from Banco Bilbao Vizcaya Argentaria's previous Semi-Annual dividend of $0.11. The ex-dividend date was Wednesday, October 9th. Banco Bilbao Vizcaya Argentaria's dividend payout ratio is 29.31%.

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.