Brighton Jones LLC Decreases Stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Brighton Jones LLC lessened its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 3.3% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,029 shares of the bank’s stock after selling 1,113 shares during the period. Brighton Jones LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $358,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Kathmere Capital Management LLC boosted its position in Banco Bilbao Vizcaya Argentaria by 5.8% in the first quarter. Kathmere Capital Management LLC now owns 41,902 shares of the bank’s stock worth $496,000 after purchasing an additional 2,302 shares during the last quarter. Financial Management Professionals Inc. grew its position in Banco Bilbao Vizcaya Argentaria by 295.3% during the first quarter. Financial Management Professionals Inc. now owns 4,076 shares of the bank’s stock valued at $48,000 after buying an additional 3,045 shares during the period. Vicus Capital purchased a new stake in Banco Bilbao Vizcaya Argentaria during the first quarter worth about $131,000. Claro Advisors LLC raised its position in Banco Bilbao Vizcaya Argentaria by 36.7% in the first quarter. Claro Advisors LLC now owns 33,452 shares of the bank’s stock worth $396,000 after acquiring an additional 8,987 shares during the period. Finally, Allspring Global Investments Holdings LLC purchased a new position in Banco Bilbao Vizcaya Argentaria in the first quarter valued at about $133,000. 2.96% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Royal Bank of Canada raised shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a report on Wednesday, July 31st. Citigroup upgraded Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research note on Friday, August 9th. One analyst has rated the stock with a sell rating, one has issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Down 1.1 %

Shares of NYSE:BBVA opened at $9.72 on Friday. The firm has a market capitalization of $56.72 billion, a PE ratio of 6.61, a P/E/G ratio of 1.10 and a beta of 1.30. The company has a 50-day moving average price of $10.35 and a two-hundred day moving average price of $10.47. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $7.76 and a twelve month high of $12.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Thursday, August 1st. The bank reported $0.51 EPS for the quarter, topping the consensus estimate of $0.48 by $0.03. Banco Bilbao Vizcaya Argentaria had a net margin of 27.55% and a return on equity of 16.40%. The company had revenue of $9.93 billion during the quarter. During the same period last year, the business posted $0.36 earnings per share. Analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.75 earnings per share for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Friday, October 25th. Stockholders of record on Wednesday, October 9th were given a $0.3244 dividend. The ex-dividend date of this dividend was Wednesday, October 9th. This is a boost from Banco Bilbao Vizcaya Argentaria’s previous Semi-Annual dividend of $0.11. This represents a dividend yield of 5.6%. Banco Bilbao Vizcaya Argentaria’s payout ratio is 34.69%.

Banco Bilbao Vizcaya 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.