94,143 Banco Bilbao Viscaya Argentaria S.A. $BBVA Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. reduced its position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA – Free Report) by 7.6% in the third quarter, HoldingsChannel.com reports. The firm owned 1,150,565 shares of the bank’s stock after selling 94,143 shares during the period. Crossmark Global Holdings Inc.’s holdings in Banco Bilbao Viscaya Argentaria were worth $32,066,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. QP Wealth Management LLC purchased a new position in Banco Bilbao Viscaya Argentaria during the 3rd quarter valued at about $382,000. Quadrant Capital Group LLC raised its position in Banco Bilbao Viscaya Argentaria by 0.4% during the 3rd quarter. Quadrant Capital Group LLC now owns 280,745 shares of the bank’s stock valued at $7,420,000 after purchasing an additional 1,113 shares during the last quarter. Diversify Advisory Services LLC raised its position in Banco Bilbao Viscaya Argentaria by 5.7% during the 3rd quarter. Diversify Advisory Services LLC now owns 196,815 shares of the bank’s stock valued at $5,107,000 after purchasing an additional 10,579 shares during the last quarter. 55 North Private Wealth LLC raised its position in Banco Bilbao Viscaya Argentaria by 2.9% during the 3rd quarter. 55 North Private Wealth LLC now owns 18,914 shares of the bank’s stock valued at $527,000 after purchasing an additional 538 shares during the last quarter. Finally, Tanager Wealth Management LLP purchased a new stake in Banco Bilbao Viscaya Argentaria in the 3rd quarter worth approximately $268,000. 2.96% of the stock is owned by institutional investors.

Banco Bilbao Viscaya Argentaria Trading Up 1.1%

Shares of BBVA opened at $25.77 on Thursday. The firm’s 50-day moving average price is $28.05 and its 200-day moving average price is $25.49. The firm has a market capitalization of $143.85 billion, a price-to-earnings ratio of 11.72, a PEG ratio of 0.67 and a beta of 0.82. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.77. Banco Bilbao Viscaya Argentaria S.A. has a 1-year low of $19.44 and a 1-year high of $29.64.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA – Get Free Report) last announced its quarterly earnings results on Tuesday, June 30th. The bank reported $0.62 earnings per share (EPS) for the quarter. Banco Bilbao Viscaya Argentaria had a net margin of 27.75% and a return on equity of 18.05%. The company had revenue of $11.99 billion for the quarter. Sell-side analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 2.42 EPS for the current year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, October 30th. Shareholders of record on Wednesday, October 14th will be given a dividend of $0.4168 per share. This represents a yield of 324.0%. The ex-dividend date of this dividend is Wednesday, October 14th. Banco Bilbao Viscaya Argentaria’s payout ratio is presently 30.91%.

Wall Street Analyst Weigh In

BBVA has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Wednesday, August 5th. Barclays reissued a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Tuesday, July 14th. JPMorgan Chase & Co. restated a “buy” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Thursday, September 24th. Keefe, Bruyette & Woods lowered Banco Bilbao Viscaya Argentaria from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, August 12th. Finally, UBS Group reaffirmed a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Thursday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Banco Bilbao Viscaya Argentaria has a consensus rating of “Hold”.

View Our Latest Analysis on BBVA

Banco Bilbao Viscaya Argentaria Company Profile

(Free Report)

Banco Bilbao Vizcaya Argentaria, SA (NYSE: BBVA) is a global financial services group headquartered in Bilbao, Spain. The bank traces its origins to Banco de Bilbao, founded in 1857, and adopted the BBVA name in 1999 following the merger of Banco Bilbao Vizcaya and Argentaria.

BBVA provides retail and commercial banking services, including checking and savings accounts, consumer and mortgage lending, credit cards, payments, and digital banking. It also serves businesses and institutions through corporate and investment banking, transaction banking, capital markets, and advisory services.

Recommended Stories

Want to see what other hedge funds are holding BBVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA – Free Report).

Institutional Ownership by Quarter for Banco Bilbao Viscaya Argentaria (NYSE:BBVA)

Receive News & Ratings for Banco Bilbao Viscaya Argentaria Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Bilbao Viscaya Argentaria and related companies with MarketBeat.com's FREE daily email newsletter.