Capital International Investors Has $125.91 Million Position in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Capital International Investors boosted its holdings in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 0.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,616,619 shares of the bank’s stock after buying an additional 40,320 shares during the period. Capital International Investors owned approximately 0.11% of Banco Bilbao Viscaya Argentaria worth $125,914,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Bank of America Corp DE grew its stake in shares of Banco Bilbao Viscaya Argentaria by 28.0% in the second quarter. Bank of America Corp DE now owns 9,288,196 shares of the bank’s stock worth $142,760,000 after acquiring an additional 2,034,318 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Banco Bilbao Viscaya Argentaria by 6.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,846,150 shares of the bank’s stock valued at $93,288,000 after purchasing an additional 297,752 shares during the last quarter. American Century Companies Inc. boosted its holdings in Banco Bilbao Viscaya Argentaria by 23.4% in the 3rd quarter. American Century Companies Inc. now owns 3,248,176 shares of the bank’s stock valued at $62,527,000 after purchasing an additional 615,985 shares during the period. Raymond James Financial Inc. grew its position in Banco Bilbao Viscaya Argentaria by 36.8% in the 2nd quarter. Raymond James Financial Inc. now owns 1,212,776 shares of the bank’s stock worth $18,640,000 after purchasing an additional 326,367 shares during the last quarter. Finally, Natixis Advisors LLC grew its position in Banco Bilbao Viscaya Argentaria by 8.4% in the 3rd quarter. Natixis Advisors LLC now owns 1,075,680 shares of the bank’s stock worth $20,707,000 after purchasing an additional 83,615 shares during the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. 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 report on Saturday, February 21st. Weiss Ratings restated a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, December 29th. Finally, Zacks Research raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Banco Bilbao Viscaya Argentaria currently has a consensus rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Stock Performance

BBVA opened at $21.87 on Thursday. The firm’s 50-day simple moving average is $23.78 and its 200-day simple moving average is $21.52. Banco Bilbao Viscaya Argentaria S.A. has a twelve month low of $11.59 and a twelve month high of $26.20. The firm has a market cap of $126.01 billion, a price-to-earnings ratio of 11.10, a PEG ratio of 0.58 and a beta of 0.80.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Thursday, February 5th. The bank reported $0.50 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.50. The firm had revenue of $11.49 billion during the quarter, compared to the consensus estimate of $10.74 billion. Banco Bilbao Viscaya Argentaria had a net margin of 28.43% and a return on equity of 17.29%. As a group, sell-side analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Viscaya Argentaria Announces Dividend

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