Checchi Capital Advisers LLC Acquires 3,702 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Checchi Capital Advisers LLC grew its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 11.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 36,361 shares of the bank’s stock after acquiring an additional 3,702 shares during the period. Checchi Capital Advisers LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $279,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Tucker Asset Management LLC bought a new position in Banco Bilbao Vizcaya Argentaria during the first quarter worth $27,000. Brown Brothers Harriman & Co. raised its stake in Banco Bilbao Vizcaya Argentaria by 124.8% during the first quarter. Brown Brothers Harriman & Co. now owns 6,859 shares of the bank’s stock worth $39,000 after buying an additional 3,808 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in Banco Bilbao Vizcaya Argentaria by 120.9% during the third quarter. Tower Research Capital LLC TRC now owns 11,037 shares of the bank’s stock worth $49,000 after buying an additional 6,040 shares during the last quarter. Savant Capital LLC bought a new position in Banco Bilbao Vizcaya Argentaria during the fourth quarter worth $58,000. Finally, CWM LLC raised its stake in Banco Bilbao Vizcaya Argentaria by 24.4% during the second quarter. CWM LLC now owns 8,357 shares of the bank’s stock worth $64,000 after buying an additional 1,641 shares during the last quarter. Institutional investors own 2.83% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. StockNews.com assumed coverage on shares of Banco Bilbao Vizcaya Argentaria in a research note on Thursday, October 5th. They set a “buy” rating for the company. Morgan Stanley cut shares of Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a report on Tuesday, September 5th. Finally, Barclays upgraded shares of Banco Bilbao Vizcaya Argentaria from an “equal weight” rating to an “overweight” rating in a report on Thursday, October 19th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Trading Up 1.6 %

NYSE:BBVA opened at $9.01 on Friday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.22. The stock has a market capitalization of $53.75 billion, a price-to-earnings ratio of 7.04, a PEG ratio of 0.45 and a beta of 1.28. The firm has a fifty day simple moving average of $8.06 and a two-hundred day simple moving average of $7.67. Banco Bilbao Vizcaya Argentaria, S.A. has a 12 month low of $5.55 and a 12 month high of $9.02.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its quarterly earnings results on Wednesday, November 1st. The bank reported $0.36 EPS for the quarter, hitting analysts’ consensus estimates of $0.36. The business had revenue of $8.66 billion during the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 26.36% and a return on equity of 14.46%. During the same quarter in the previous year, the business posted $0.29 earnings per share. Analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.35 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Cuts Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Thursday, October 26th. Stockholders of record on Tuesday, October 10th were issued a dividend of $0.1685 per share. This represents a dividend yield of 5.1%. The ex-dividend date was Friday, October 6th. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is currently 21.09%.

Banco Bilbao Vizcaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail banking, wholesale banking, and asset management services. It offers current accounts; and demand, savings, overnight, time, term, and subordinated deposits. The company also provides loan products; deals in securities; leasing, factoring, brokerage, and asset management services; and manages pension and investment funds.