CW Advisors LLC Buys New Shares in Banco Bilbao Viscaya Argentaria S.A. $BBVA

CW Advisors LLC bought a new position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 36,808 shares of the bank’s stock, valued at approximately $566,000.

A number of other institutional investors and hedge funds also recently modified their holdings of BBVA. Goldman Sachs Group Inc. boosted its stake in shares of Banco Bilbao Viscaya Argentaria by 10.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 10,941,273 shares of the bank’s stock worth $149,020,000 after acquiring an additional 1,014,305 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Banco Bilbao Viscaya Argentaria by 17.1% during the second quarter. Envestnet Asset Management Inc. now owns 4,375,294 shares of the bank’s stock valued at $67,247,000 after purchasing an additional 637,519 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Banco Bilbao Viscaya Argentaria by 11.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,548,398 shares of the bank’s stock valued at $69,909,000 after purchasing an additional 467,226 shares during the period. Assetmark Inc. increased its stake in Banco Bilbao Viscaya Argentaria by 1,198.6% in the 2nd quarter. Assetmark Inc. now owns 491,502 shares of the bank’s stock worth $7,554,000 after purchasing an additional 453,654 shares in the last quarter. Finally, Clark Capital Management Group Inc. raised its holdings in Banco Bilbao Viscaya Argentaria by 6.6% during the 1st quarter. Clark Capital Management Group Inc. now owns 5,578,381 shares of the bank’s stock worth $75,978,000 after buying an additional 347,564 shares during the period. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Price Performance

BBVA opened at $21.88 on Wednesday. The company has a market capitalization of $127.70 billion, a PE ratio of 11.45, a price-to-earnings-growth ratio of 0.99 and a beta of 0.83. The business has a 50-day moving average of $20.28 and a 200-day moving average of $18.03. Banco Bilbao Viscaya Argentaria S.A. has a fifty-two week low of $9.44 and a fifty-two week high of $22.24.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its quarterly earnings data on Thursday, October 30th. The bank reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.01. The firm had revenue of $10.59 billion for the quarter, compared to analyst estimates of $10.47 billion. Banco Bilbao Viscaya Argentaria had a net margin of 28.58% and a return on equity of 17.07%. On average, equities research analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current fiscal year.

Banco Bilbao Viscaya Argentaria Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, November 24th. Investors of record on Thursday, November 6th were paid a $0.3736 dividend. This represents a dividend yield of 361.0%. The ex-dividend date of this dividend was Thursday, November 6th. Banco Bilbao Viscaya Argentaria’s payout ratio is presently 31.41%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Wall Street Zen cut shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Friday, November 28th. Zacks Research lowered shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Weiss Ratings cut shares of Banco Bilbao Viscaya Argentaria from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Monday. Finally, Morgan Stanley began coverage on Banco Bilbao Viscaya Argentaria in a report on Tuesday, October 21st. They issued an “equal weight” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Banco Bilbao Viscaya 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.