Brighton Jones LLC Has $358,000 Stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Brighton Jones LLC reduced its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 3.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 33,029 shares of the bank’s stock after selling 1,113 shares during the period. Brighton Jones LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $358,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Signaturefd LLC grew its stake in Banco Bilbao Vizcaya Argentaria by 0.9% during the second quarter. Signaturefd LLC now owns 109,672 shares of the bank’s stock worth $1,100,000 after purchasing an additional 993 shares during the period. Moloney Securities Asset Management LLC increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 6.6% in the 1st quarter. Moloney Securities Asset Management LLC now owns 16,192 shares of the bank’s stock valued at $192,000 after acquiring an additional 1,000 shares in the last quarter. Optas LLC lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 6.0% during the 2nd quarter. Optas LLC now owns 18,708 shares of the bank’s stock valued at $188,000 after acquiring an additional 1,053 shares during the period. PDS Planning Inc grew its holdings in Banco Bilbao Vizcaya Argentaria by 4.4% in the first quarter. PDS Planning Inc now owns 27,141 shares of the bank’s stock worth $321,000 after purchasing an additional 1,150 shares during the period. Finally, Traveka Wealth LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 10.0% in the second quarter. Traveka Wealth LLC now owns 12,751 shares of the bank’s stock valued at $128,000 after purchasing an additional 1,156 shares in the last quarter. 2.96% of the stock is owned by institutional investors.

Banco Bilbao Vizcaya Argentaria Trading Down 1.1 %

Banco Bilbao Vizcaya Argentaria stock opened at $9.72 on Friday. The firm has a market capitalization of $56.72 billion, a price-to-earnings ratio of 6.61, a price-to-earnings-growth ratio of 1.10 and a beta of 1.30. The firm’s fifty day moving average price is $10.35 and its two-hundred day moving average price is $10.47. 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) last announced its quarterly earnings results on Thursday, August 1st. The bank reported $0.51 earnings per share 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 net margin of 27.55% and a return on equity of 16.40%. During the same period in the previous year, the business posted $0.36 EPS. On average, research analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.75 EPS for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Friday, October 25th. Investors of record on Wednesday, October 9th were given 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 yield of 5.6%. The ex-dividend date of this dividend was Wednesday, October 9th. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is presently 34.69%.

Analysts Set New Price Targets

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

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.