Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Shares Sold by Diversify Advisory Services LLC

Diversify Advisory Services LLC cut its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 13.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 31,997 shares of the bank’s stock after selling 4,898 shares during the period. Diversify Advisory Services LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $317,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Baker Tilly Wealth Management LLC acquired a new position in Banco Bilbao Vizcaya Argentaria in the 3rd quarter valued at $117,000. Mediolanum International Funds Ltd acquired a new position in Banco Bilbao Vizcaya Argentaria in the 3rd quarter valued at $2,297,000. Ballentine Partners LLC increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 9.5% during the 3rd quarter. Ballentine Partners LLC now owns 30,589 shares of the bank’s stock worth $332,000 after buying an additional 2,660 shares during the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 32.3% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 132,025 shares of the bank’s stock worth $1,431,000 after buying an additional 32,208 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth $1,940,000. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Banco Bilbao Vizcaya Argentaria Price Performance

NYSE:BBVA opened at $9.93 on Friday. The business’s 50-day moving average is $10.30 and its two-hundred day moving average is $10.42. Banco Bilbao Vizcaya Argentaria, S.A. has a 12 month low of $7.76 and a 12 month high of $12.20. The firm has a market capitalization of $57.97 billion, a PE ratio of 6.76, a price-to-earnings-growth ratio of 1.10 and a beta of 1.30.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Thursday, August 1st. The bank reported $0.51 EPS for the quarter, beating the consensus estimate of $0.48 by $0.03. Banco Bilbao Vizcaya Argentaria had a return on equity of 16.40% and a net margin of 27.55%. The company had revenue of $9.93 billion for the quarter. During the same period last year, the business earned $0.36 earnings per share. Equities analysts anticipate 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 disclosed a Semi-Annual dividend, which was paid on Friday, October 25th. Shareholders of record on Wednesday, October 9th were given a $0.3244 dividend. The ex-dividend date of this dividend was Wednesday, October 9th. 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%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is 34.69%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Royal Bank of Canada upgraded Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a report on Wednesday, July 31st. Citigroup upgraded Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a report on Friday, August 9th. One 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, the company 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.