Dorsey Wright & Associates Sells 3,905 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Dorsey Wright & Associates cut its position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 1.2% in the second quarter, Holdings Channel.com reports. The institutional investor owned 323,588 shares of the bank’s stock after selling 3,905 shares during the period. Dorsey Wright & Associates’ holdings in Banco Bilbao Vizcaya Argentaria were worth $3,246,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Rothschild Investment LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 2nd quarter valued at approximately $40,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 2nd quarter valued at approximately $43,000. Financial Management Professionals Inc. lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 295.3% in the 1st quarter. Financial Management Professionals Inc. now owns 4,076 shares of the bank’s stock valued at $48,000 after purchasing an additional 3,045 shares during the last quarter. Benjamin F. Edwards & Company Inc. lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 67.8% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank’s stock valued at $49,000 after purchasing an additional 1,990 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 567.5% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 4,646 shares of the bank’s stock valued at $55,000 after purchasing an additional 3,950 shares during the last quarter. 2.96% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Citigroup raised Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research note on Friday, August 9th. Royal Bank of Canada raised Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research note on Wednesday, July 31st. Finally, BNP Paribas lowered Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research note on Wednesday, June 12th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of BBVA stock opened at $11.07 on Friday. Banco Bilbao Vizcaya Argentaria, S.A. has a 52-week low of $7.76 and a 52-week high of $12.20. The firm has a market capitalization of $64.60 billion, a P/E ratio of 7.53, a P/E/G ratio of 1.03 and a beta of 1.30. The stock has a 50 day moving average price of $10.37 and a 200 day moving average price of $10.65.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its quarterly earnings results on Thursday, August 1st. The bank reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.03. Banco Bilbao Vizcaya Argentaria had a return on equity of 16.40% and a net margin of 27.55%. The firm had revenue of $9.93 billion during the quarter. During the same period in the prior year, the business posted $0.36 earnings per share. As a group, sell-side analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.75 EPS for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, October 25th. Shareholders of record on Wednesday, October 9th will be issued a dividend of $0.3244 per share. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous dividend of $0.11. The ex-dividend date of this dividend is Wednesday, October 9th. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is presently 45.58%.

Banco Bilbao Vizcaya 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.