American Century Companies Inc. Purchases 615,985 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

American Century Companies Inc. lifted its position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 23.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,248,176 shares of the bank’s stock after buying an additional 615,985 shares during the period. American Century Companies Inc. owned about 0.06% of Banco Bilbao Viscaya Argentaria worth $62,527,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Navigoe LLC purchased a new position in shares of Banco Bilbao Viscaya Argentaria during the third quarter worth approximately $26,000. Cornerstone Planning Group LLC boosted its stake in shares of Banco Bilbao Viscaya Argentaria by 183.2% in the 3rd quarter. Cornerstone Planning Group LLC now owns 1,597 shares of the bank’s stock valued at $32,000 after purchasing an additional 1,033 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in shares of Banco Bilbao Viscaya Argentaria during the 2nd quarter valued at $30,000. Westside Investment Management Inc. raised its position in Banco Bilbao Viscaya Argentaria by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 2,316 shares of the bank’s stock worth $45,000 after purchasing an additional 1,158 shares during the period. Finally, Salomon & Ludwin LLC raised its position in Banco Bilbao Viscaya Argentaria by 2,989.5% in the 3rd quarter. Salomon & Ludwin LLC now owns 2,348 shares of the bank’s stock worth $45,000 after purchasing an additional 2,272 shares during the period. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Analysts Set New Price Targets

BBVA has been the subject of several analyst reports. Royal Bank Of Canada lowered shares of Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 28th. Wall Street Zen raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Zacks Research upgraded Banco Bilbao Viscaya Argentaria from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 21st. Finally, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Banco Bilbao Viscaya Argentaria currently has an average rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of BBVA stock opened at $22.06 on Thursday. Banco Bilbao Viscaya Argentaria S.A. has a fifty-two week low of $11.59 and a fifty-two week high of $26.20. The firm has a market cap of $127.14 billion, a P/E ratio of 11.20, a P/E/G ratio of 0.52 and a beta of 0.80. The business’s 50 day moving average price is $23.95 and its 200-day moving average price is $21.42.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Thursday, February 5th. The bank reported $0.50 EPS for the quarter, hitting analysts’ consensus estimates of $0.50. The company had revenue of $11.49 billion during the quarter, compared to analyst estimates of $10.74 billion. Banco Bilbao Viscaya Argentaria had a return on equity of 17.29% and a net margin of 28.43%. As a group, equities analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current year.

Banco Bilbao Viscaya Argentaria Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, April 27th. Stockholders of record on Thursday, April 9th will be paid a dividend of $0.7084 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a dividend yield of 678.0%. Banco Bilbao Viscaya Argentaria’s payout ratio is presently 30.46%.

About Banco Bilbao Viscaya Argentaria

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) is a Spanish multinational financial services group headquartered in Bilbao, Spain. The bank traces its roots to several historic regional banks and was formed through a series of mergers that consolidated its position as one of Spain’s largest banking groups. BBVA operates as a universal bank offering a broad range of financial services to retail, corporate and institutional clients.

BBVA’s core businesses include retail and commercial banking, corporate and investment banking, private banking and wealth management, asset management, and insurance.