Ameriprise Financial Inc. Has $1.80 Million Position in Banco Bilbao Vizcaya Argentaria SA (BBVA)

Ameriprise Financial Inc. grew its stake in shares of Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) by 15.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 214,704 shares of the bank’s stock after purchasing an additional 28,548 shares during the quarter. Ameriprise Financial Inc.’s holdings in Banco Bilbao Vizcaya Argentaria SA were worth $1,796,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in BBVA. Bank of New York Mellon Corp raised its holdings in Banco Bilbao Vizcaya Argentaria SA by 12.5% during the first quarter. Bank of New York Mellon Corp now owns 274,627 shares of the bank’s stock worth $2,090,000 after purchasing an additional 30,443 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Banco Bilbao Vizcaya Argentaria SA by 713.4% during the first quarter. JPMorgan Chase & Co. now owns 574,743 shares of the bank’s stock worth $4,374,000 after purchasing an additional 504,080 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Banco Bilbao Vizcaya Argentaria SA by 0.4% during the first quarter. Dimensional Fund Advisors LP now owns 2,102,891 shares of the bank’s stock worth $16,003,000 after purchasing an additional 7,683 shares in the last quarter. Credit Suisse AG raised its holdings in Banco Bilbao Vizcaya Argentaria SA by 18.6% during the first quarter. Credit Suisse AG now owns 212,800 shares of the bank’s stock worth $1,619,000 after purchasing an additional 33,447 shares in the last quarter. Finally, HighTower Advisors LLC raised its holdings in Banco Bilbao Vizcaya Argentaria SA by 86.8% during the first quarter. HighTower Advisors LLC now owns 88,655 shares of the bank’s stock worth $679,000 after purchasing an additional 41,185 shares in the last quarter.

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A number of research firms have weighed in on BBVA. BidaskClub raised shares of Banco Bilbao Vizcaya Argentaria SA from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 8th. Zacks Investment Research raised shares of Banco Bilbao Vizcaya Argentaria SA from a “hold” rating to a “buy” rating and set a $10.00 price objective on the stock in a report on Monday, August 28th. Finally, ValuEngine cut shares of Banco Bilbao Vizcaya Argentaria SA from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Four research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $9.75.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) last released its earnings results on Friday, October 27th. The bank reported $0.19 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.19. The company had revenue of $7.27 billion during the quarter. Banco Bilbao Vizcaya Argentaria SA had a return on equity of 9.26% and a net margin of 17.53%.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 25th. Stockholders of record on Monday, October 9th were paid a dividend of $0.1061 per share. This is a boost from Banco Bilbao Vizcaya Argentaria SA’s previous quarterly dividend of $0.08. This represents a $0.42 annualized dividend and a dividend yield of Infinity. The ex-dividend date of this dividend was Thursday, October 5th.

Banco Bilbao Vizcaya Argentaria SA Profile

Banco Bilbao Vizcaya Argentaria, SA (BBVA) is a diversified financial company engaged in retail banking, wholesale banking, asset management and private banking. Its segments include Banking Activity in Spain, Real Estate Activity in Spain, the United States Turkey, Mexico, South America and Rest of Eurasia.

Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA)

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