O Shaughnessy Asset Management LLC reduced its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA – Free Report) by 0.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,171,403 shares of the bank’s stock after selling 9,185 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $11,386,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Brooklyn Investment Group boosted its stake in Banco Bilbao Vizcaya Argentaria by 120.7% during the 4th quarter. Brooklyn Investment Group now owns 3,540 shares of the bank’s stock valued at $34,000 after purchasing an additional 1,936 shares in the last quarter. Barclays PLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria in the third quarter valued at $41,000. Avion Wealth bought a new position in Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at about $39,000. Sierra Ocean LLC acquired a new position in Banco Bilbao Vizcaya Argentaria during the fourth quarter worth about $49,000. Finally, IFP Advisors Inc raised its position in Banco Bilbao Vizcaya Argentaria by 20.7% in the fourth quarter. IFP Advisors Inc now owns 5,420 shares of the bank’s stock worth $53,000 after acquiring an additional 930 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several brokerages have recently issued reports on BBVA. StockNews.com cut shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research note on Friday. Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research report on Thursday, February 27th. Finally, Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria has an average rating of “Moderate Buy”.
Banco Bilbao Vizcaya Argentaria Price Performance
BBVA stock opened at $13.62 on Tuesday. The firm has a 50-day moving average of $12.91 and a two-hundred day moving average of $11.06. The firm has a market capitalization of $79.48 billion, a PE ratio of 7.52, a P/E/G ratio of 0.80 and a beta of 1.26. The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16. Banco Bilbao Vizcaya Argentaria, S.A. has a one year low of $9.23 and a one year high of $14.84.
Banco Bilbao Vizcaya Argentaria (NYSE:BBVA – Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a net margin of 28.10% and a return on equity of 17.49%. On average, analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current year.
Banco Bilbao Vizcaya Argentaria Increases Dividend
The firm also recently declared a semi-annual dividend, which will be paid on Friday, April 25th. Investors of record on Wednesday, April 9th will be given a dividend of $0.4439 per share. This represents a yield of 4.3%. This is a positive change from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.11. The ex-dividend date of this dividend is Wednesday, April 9th. Banco Bilbao Vizcaya Argentaria’s payout ratio is presently 39.23%.
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.
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