Vanguard Personalized Indexing Management LLC Buys 42,446 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

Key Points

• Vanguard Personalized Indexing Management LLC increased its stake in Banco Bilbao Viscaya Argentaria by 14.9%, acquiring an additional 42,446 shares, bringing its total holdings to 326,727 shares valued at $5.02 million.
• Banco Bilbao Viscaya Argentaria reported $0.52 earnings per share (EPS) for the last quarter, exceeding analyst estimates of $0.47, with revenue of $10.30 billion.
• The bank recently declared a dividend of $0.3736, to be paid on November 24th, with a dividend yield of 395.0%.

Vanguard Personalized Indexing Management LLC boosted its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 14.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 326,727 shares of the bank's stock after acquiring an additional 42,446 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in Banco Bilbao Viscaya Argentaria were worth $5,022,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Private Trust Co. NA boosted its holdings in Banco Bilbao Viscaya Argentaria by 224.7% in the first quarter. Private Trust Co. NA now owns 2,607 shares of the bank's stock valued at $36,000 after acquiring an additional 1,804 shares in the last quarter. Bessemer Group Inc. boosted its holdings in Banco Bilbao Viscaya Argentaria by 25.3% in the first quarter. Bessemer Group Inc. now owns 3,901 shares of the bank's stock valued at $53,000 after acquiring an additional 787 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new stake in Banco Bilbao Viscaya Argentaria in the first quarter valued at $209,000. GAMMA Investing LLC boosted its holdings in Banco Bilbao Viscaya Argentaria by 48.5% in the first quarter. GAMMA Investing LLC now owns 16,135 shares of the bank's stock valued at $220,000 after acquiring an additional 5,269 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in Banco Bilbao Viscaya Argentaria by 3.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 34,767 shares of the bank's stock valued at $474,000 after acquiring an additional 1,222 shares in the last quarter. Institutional investors own 2.96% of the company's stock.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of BBVA stock opened at $18.35 on Tuesday. Banco Bilbao Viscaya Argentaria S.A. has a 12 month low of $9.23 and a 12 month high of $19.42. The stock has a market cap of $107.11 billion, a PE ratio of 9.66, a price-to-earnings-growth ratio of 0.95 and a beta of 1.19. 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 company's fifty day moving average price is $18.70 and its 200-day moving average price is $16.06.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The bank reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.05. The firm had revenue of $10.30 billion during the quarter, compared to analyst estimates of $10.24 billion. Banco Bilbao Viscaya Argentaria had a return on equity of 17.61% and a net margin of 29.17%. On average, equities analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Viscaya Argentaria Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, November 24th. Stockholders of record on Thursday, November 6th will be given a $0.3736 dividend. This represents a dividend yield of 395.0%. The ex-dividend date of this dividend is Thursday, November 6th. Banco Bilbao Viscaya Argentaria's payout ratio is currently 38.95%.

Analyst Ratings Changes

BBVA has been the topic of several recent analyst reports. Weiss Ratings reiterated a "buy (b)" rating on shares of Banco Bilbao Viscaya Argentaria in a report on Wednesday, October 8th. Barclays upgraded shares of Banco Bilbao Viscaya Argentaria from an "equal weight" rating to an "overweight" rating in a report on Thursday, August 7th. Finally, Wall Street Zen upgraded shares of Banco Bilbao Viscaya Argentaria from a "hold" rating to a "buy" rating in a report on Saturday. 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 stock. Based on data from MarketBeat, Banco Bilbao Viscaya Argentaria presently has a consensus rating of "Buy".

Banco Bilbao Viscaya 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.

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