Banco Bilbao Viscaya Argentaria S.A. $BBVA Stake Raised by William Blair Investment Management LLC

William Blair Investment Management LLC boosted its holdings in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 3.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 157,462 shares of the bank’s stock after acquiring an additional 5,877 shares during the quarter. William Blair Investment Management LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $2,420,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Goldman Sachs Group Inc. grew its stake in shares of Banco Bilbao Viscaya Argentaria by 10.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 10,941,273 shares of the bank’s stock valued at $149,020,000 after buying an additional 1,014,305 shares in the last quarter. Clark Capital Management Group Inc. grew its stake in shares of Banco Bilbao Viscaya Argentaria by 6.6% in the 1st quarter. Clark Capital Management Group Inc. now owns 5,578,381 shares of the bank’s stock valued at $75,978,000 after buying an additional 347,564 shares in the last quarter. Vident Advisory LLC grew its stake in shares of Banco Bilbao Viscaya Argentaria by 159.1% in the 1st quarter. Vident Advisory LLC now owns 447,780 shares of the bank’s stock valued at $6,099,000 after buying an additional 274,958 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Banco Bilbao Viscaya Argentaria by 59.9% in the 1st quarter. Bank of New York Mellon Corp now owns 673,748 shares of the bank’s stock worth $9,176,000 after purchasing an additional 252,492 shares during the last quarter. Finally, New York State Common Retirement Fund acquired a new stake in Banco Bilbao Viscaya Argentaria in the 1st quarter worth approximately $3,081,000. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Stock Up 2.8%

BBVA opened at $20.13 on Tuesday. Banco Bilbao Viscaya Argentaria S.A. has a 1-year low of $9.23 and a 1-year high of $20.16. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.18. The stock has a market capitalization of $117.49 billion, a price-to-earnings ratio of 10.59, a P/E/G ratio of 0.94 and a beta of 1.19. The business has a 50 day moving average of $18.82 and a 200-day moving average of $16.26.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its quarterly earnings data on Thursday, July 31st. The bank reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.05. Banco Bilbao Viscaya Argentaria had a return on equity of 17.61% and a net margin of 29.17%.The company had revenue of $10.30 billion during the quarter, compared to analysts’ expectations of $10.24 billion. As a group, sell-side analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The company also recently announced a dividend, which will be paid on Monday, November 24th. Investors of record on Thursday, November 6th will be paid a $0.3736 dividend. This represents a dividend yield of 395.0%. The ex-dividend date is Thursday, November 6th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio is presently 38.95%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Sunday. Barclays upgraded Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a report on Thursday, August 7th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Banco Bilbao Viscaya Argentaria currently has an average rating of “Buy”.

About Banco Bilbao Viscaya Argentaria

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.