Laird Norton Wetherby Wealth Management LLC Sells 6,240 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Laird Norton Wetherby Wealth Management LLC cut its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 9.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 56,645 shares of the bank’s stock after selling 6,240 shares during the period. Laird Norton Wetherby Wealth Management LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $551,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Brooklyn Investment Group lifted its stake in Banco Bilbao Vizcaya Argentaria by 120.7% in the fourth quarter. Brooklyn Investment Group now owns 3,540 shares of the bank’s stock valued at $34,000 after buying an additional 1,936 shares during the period. Huntington National Bank raised its position in shares of Banco Bilbao Vizcaya Argentaria by 96.7% during the fourth quarter. Huntington National Bank now owns 3,616 shares of the bank’s stock worth $35,000 after purchasing an additional 1,778 shares during the period. Avion Wealth acquired a new position in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter worth approximately $39,000. Barclays PLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria during the third quarter worth approximately $41,000. Finally, Sierra Ocean LLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter worth approximately $49,000. 2.96% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. StockNews.com lowered Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Friday, May 9th. Hsbc Global Res raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. Finally, Kepler Capital Markets raised Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Banco Bilbao Vizcaya Argentaria currently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Trading Down 0.2%

NYSE BBVA opened at $14.98 on Friday. The firm has a market capitalization of $87.45 billion, a P/E ratio of 8.28, a PEG ratio of 0.80 and a beta of 1.05. The business has a fifty day simple moving average of $13.78 and a 200 day simple moving average of $11.84. Banco Bilbao Vizcaya Argentaria, S.A. has a 12 month low of $9.23 and a 12 month high of $15.04. 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 (NYSE:BBVA) last released its quarterly earnings results on Tuesday, April 29th. The bank reported $0.47 EPS for the quarter, meeting analysts’ consensus estimates of $0.47. The business had revenue of $10.61 billion during the quarter, compared to analyst estimates of $9.12 billion. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. On average, analysts predict that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Friday, April 25th. Shareholders of record on Wednesday, April 9th were paid a $0.4439 dividend. This represents a yield of 4.3%. The ex-dividend date of this dividend was Wednesday, April 9th. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.11. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is 39.15%.

About Banco Bilbao Vizcaya Argentaria

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.