Whittier Trust Co. of Nevada Inc. Has $1.23 Million Position in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Whittier Trust Co. of Nevada Inc. lifted its position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 56.1% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 79,790 shares of the bank’s stock after purchasing an additional 28,664 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Banco Bilbao Viscaya Argentaria were worth $1,226,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Financial Management Professionals Inc. boosted its position in shares of Banco Bilbao Viscaya Argentaria by 105.9% during the second quarter. Financial Management Professionals Inc. now owns 1,845 shares of the bank’s stock worth $28,000 after buying an additional 949 shares during the period. Alpine Bank Wealth Management acquired a new position in Banco Bilbao Viscaya Argentaria during the first quarter valued at approximately $29,000. Private Trust Co. NA boosted its position in Banco Bilbao Viscaya Argentaria by 224.7% during the first quarter. Private Trust Co. NA now owns 2,607 shares of the bank’s stock valued at $36,000 after purchasing an additional 1,804 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new position in Banco Bilbao Viscaya Argentaria during the first quarter valued at approximately $46,000. Finally, Bessemer Group Inc. boosted its position in Banco Bilbao Viscaya Argentaria by 25.3% during the first quarter. Bessemer Group Inc. now owns 3,901 shares of the bank’s stock valued at $53,000 after purchasing an additional 787 shares during the last quarter. 2.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on BBVA shares. Barclays raised Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a research report on Thursday, August 7th. Morgan Stanley started coverage on Banco Bilbao Viscaya Argentaria in a research report on Tuesday. They set an “equal weight” rating for the company. Weiss Ratings reissued a “buy (b)” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Wednesday, October 8th. Finally, Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Sunday. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Price Performance

NYSE:BBVA opened at $19.65 on Thursday. The firm has a market capitalization of $114.69 billion, a price-to-earnings ratio of 10.34, a P/E/G ratio of 1.03 and a beta of 1.19. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.18. Banco Bilbao Viscaya Argentaria S.A. has a 12-month low of $9.23 and a 12-month high of $20.16. The stock’s 50 day moving average price is $18.86 and its two-hundred day moving average price is $16.31.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its earnings results on Thursday, July 31st. The bank reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.05. The company had revenue of $10.30 billion for 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, analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current year.

Banco Bilbao Viscaya Argentaria Dividend Announcement

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

About Banco Bilbao Viscaya Argentaria

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.