Vident Advisory LLC Sells 7,305 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Vident Advisory LLC lessened its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 4.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 172,822 shares of the bank’s stock after selling 7,305 shares during the period. Vident Advisory LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $1,680,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Point72 Asset Management L.P. lifted its holdings in Banco Bilbao Vizcaya Argentaria by 122.2% during the fourth quarter. Point72 Asset Management L.P. now owns 307,720 shares of the bank’s stock worth $2,991,000 after buying an additional 169,220 shares during the period. Quantinno Capital Management LP increased its position in shares of Banco Bilbao Vizcaya Argentaria by 70.9% in the 4th quarter. Quantinno Capital Management LP now owns 557,889 shares of the bank’s stock valued at $5,423,000 after acquiring an additional 231,431 shares during the period. Millennium Management LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 514.5% in the fourth quarter. Millennium Management LLC now owns 951,350 shares of the bank’s stock worth $9,247,000 after purchasing an additional 796,526 shares during the last quarter. Focus Partners Wealth raised its position in Banco Bilbao Vizcaya Argentaria by 34.6% during the 4th quarter. Focus Partners Wealth now owns 17,191 shares of the bank’s stock worth $172,000 after buying an additional 4,415 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 21.5% during the fourth quarter. Cetera Investment Advisers now owns 205,919 shares of the bank’s stock worth $2,002,000 after purchasing an additional 36,473 shares during the last quarter. 2.96% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on BBVA. Kepler Capital Markets raised Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a report on Thursday, February 27th. Hsbc Global Res upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. Finally, Wall Street Zen upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Saturday, May 17th. One analyst has rated the stock with a sell rating, one has given a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Price Performance

Banco Bilbao Vizcaya Argentaria stock opened at $15.41 on Friday. The stock has a market capitalization of $89.96 billion, a P/E ratio of 8.51, a P/E/G ratio of 0.80 and a beta of 1.05. The company’s fifty day moving average price is $13.91 and its 200 day moving average price is $12.02. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01. Banco Bilbao Vizcaya Argentaria, S.A. has a 1 year low of $9.23 and a 1 year high of $15.66.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its quarterly earnings data on Tuesday, April 29th. The bank reported $0.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.47. Banco Bilbao Vizcaya Argentaria had a net margin of 28.10% and a return on equity of 17.49%. The business had revenue of $10.61 billion for the quarter, compared to the consensus estimate of $9.12 billion. As a group, equities research analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

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

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.