SG Americas Securities LLC Has $6.76 Million Holdings in Banco Bilbao Viscaya Argentaria S.A. $BBVA

SG Americas Securities LLC increased its holdings in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 319.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 290,064 shares of the bank’s stock after purchasing an additional 220,892 shares during the quarter. SG Americas Securities LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $6,761,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Diversified Trust Co. increased its stake in Banco Bilbao Viscaya Argentaria by 3.4% in the 4th quarter. Diversified Trust Co. now owns 14,168 shares of the bank’s stock valued at $330,000 after buying an additional 463 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 13.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 46,911 shares of the bank’s stock valued at $1,098,000 after acquiring an additional 5,587 shares in the last quarter. Wedmont Private Capital grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 9.1% in the 4th quarter. Wedmont Private Capital now owns 18,368 shares of the bank’s stock valued at $424,000 after acquiring an additional 1,534 shares in the last quarter. Sagespring Wealth Partners LLC increased its position in shares of Banco Bilbao Viscaya Argentaria by 18.1% in the fourth quarter. Sagespring Wealth Partners LLC now owns 28,870 shares of the bank’s stock valued at $673,000 after acquiring an additional 4,421 shares during the last quarter. Finally, Riversedge Advisors LLC increased its position in shares of Banco Bilbao Viscaya Argentaria by 6.9% in the fourth quarter. Riversedge Advisors LLC now owns 11,734 shares of the bank’s stock valued at $274,000 after acquiring an additional 757 shares during the last quarter. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of NYSE:BBVA opened at $21.64 on Wednesday. Banco Bilbao Viscaya Argentaria S.A. has a 52-week low of $11.59 and a 52-week high of $26.20. The company has a market capitalization of $124.69 billion, a P/E ratio of 10.98, a price-to-earnings-growth ratio of 0.54 and a beta of 0.80. The company has a 50-day simple moving average of $22.93 and a 200 day simple moving average of $21.78.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Thursday, February 5th. The bank reported $0.50 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.50. The firm had revenue of $11.49 billion for the quarter, compared to the consensus estimate of $10.74 billion. Banco Bilbao Viscaya Argentaria had a return on equity of 17.29% and a net margin of 28.43%. As a group, equities analysts forecast that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The firm also recently declared a dividend, which will be paid on Monday, April 27th. Investors of record on Thursday, April 9th will be paid a $0.7084 dividend. This represents a yield of 678.0%. The ex-dividend date is Thursday, April 9th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio is 30.46%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Wall Street Zen raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Royal Bank Of Canada cut Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 28th. Weiss Ratings raised Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (a-)” rating in a report on Thursday, March 12th. Finally, Zacks Research cut shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Banco Bilbao Viscaya Argentaria currently has a consensus rating of “Moderate Buy”.

About Banco Bilbao Viscaya Argentaria

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) is a Spanish multinational financial services group headquartered in Bilbao, Spain. The bank traces its roots to several historic regional banks and was formed through a series of mergers that consolidated its position as one of Spain’s largest banking groups. BBVA operates as a universal bank offering a broad range of financial services to retail, corporate and institutional clients.

BBVA’s core businesses include retail and commercial banking, corporate and investment banking, private banking and wealth management, asset management, and insurance.