Werba Rubin Papier Wealth Management Buys 1,096 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

Werba Rubin Papier Wealth Management lifted its stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 7.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,241 shares of the bank’s stock after acquiring an additional 1,096 shares during the quarter. Werba Rubin Papier Wealth Management’s holdings in Banco Bilbao Viscaya Argentaria were worth $234,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in BBVA. Goldman Sachs Group Inc. boosted its stake in Banco Bilbao Viscaya Argentaria by 10.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 10,941,273 shares of the bank’s stock valued at $149,020,000 after purchasing an additional 1,014,305 shares during the period. Clark Capital Management Group Inc. boosted its stake in Banco Bilbao Viscaya Argentaria by 6.6% during the 1st quarter. Clark Capital Management Group Inc. now owns 5,578,381 shares of the bank’s stock valued at $75,978,000 after purchasing an additional 347,564 shares during the period. Vident Advisory LLC boosted its stake in Banco Bilbao Viscaya Argentaria by 159.1% during the 1st quarter. Vident Advisory LLC now owns 447,780 shares of the bank’s stock valued at $6,099,000 after purchasing an additional 274,958 shares during the period. Bank of New York Mellon Corp boosted its stake in Banco Bilbao Viscaya Argentaria by 59.9% during the 1st quarter. Bank of New York Mellon Corp now owns 673,748 shares of the bank’s stock valued at $9,176,000 after purchasing an additional 252,492 shares during the period. Finally, New York State Common Retirement Fund bought a new stake in Banco Bilbao Viscaya Argentaria during the 1st quarter valued at approximately $3,081,000. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Price Performance

Shares of BBVA stock opened at $19.50 on Friday. The stock has a 50 day moving average of $18.77 and a two-hundred day moving average of $16.14. The company has a current ratio of 1.01, a quick 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 $20.00. The company has a market capitalization of $113.84 billion, a P/E ratio of 10.26, a P/E/G ratio of 0.88 and a beta of 1.19.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its quarterly earnings data on Thursday, July 31st. The bank reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.05. The company had revenue of $10.30 billion during the quarter, compared to the consensus estimate of $10.24 billion. Banco Bilbao Viscaya Argentaria had a return on equity of 17.61% and a net margin of 29.17%. As a group, equities analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The business also recently announced 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. This represents a dividend yield of 395.0%. The ex-dividend date is Thursday, November 6th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is 38.95%.

Analyst Upgrades and Downgrades

BBVA has been the subject of several recent analyst reports. Barclays upgraded Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a research note on Thursday, August 7th. Wall Street Zen upgraded Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Wednesday, October 8th. One 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 company. According to data from MarketBeat.com, the company presently has an average rating of “Buy”.

Banco Bilbao Viscaya 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.