Todd Asset Management LLC Sells 10,100 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Todd Asset Management LLC reduced its position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 2.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 370,100 shares of the bank’s stock after selling 10,100 shares during the period. Todd Asset Management LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $3,372,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. grew its position in shares of Banco Bilbao Vizcaya Argentaria by 13.4% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 16,781 shares of the bank’s stock valued at $135,000 after buying an additional 1,986 shares during the last quarter. Advisor Partners II LLC increased its position in Banco Bilbao Vizcaya Argentaria by 4.8% during the 3rd quarter. Advisor Partners II LLC now owns 315,832 shares of the bank’s stock valued at $2,542,000 after purchasing an additional 14,549 shares during the period. Whittier Trust Co. raised its holdings in Banco Bilbao Vizcaya Argentaria by 12.8% during the 3rd quarter. Whittier Trust Co. now owns 53,629 shares of the bank’s stock worth $432,000 after purchasing an additional 6,087 shares during the last quarter. Cable Hill Partners LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 3rd quarter valued at $84,000. Finally, Hennion & Walsh Asset Management Inc. acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the third quarter worth $560,000. Institutional investors and hedge funds own 2.96% of the company’s stock.

Analyst Ratings Changes

Separately, Barclays cut shares of Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a research report on Monday, March 25th.

Banco Bilbao Vizcaya Argentaria Stock Up 1.6 %

BBVA stock traded up $0.17 during midday trading on Friday, reaching $10.59. 3,617,295 shares of the company’s stock traded hands, compared to its average volume of 2,346,371. Banco Bilbao Vizcaya Argentaria, S.A. has a 52 week low of $6.47 and a 52 week high of $12.20. The company has a market cap of $63.17 billion, a price-to-earnings ratio of 7.20, a P/E/G ratio of 0.55 and a beta of 1.33. The firm’s fifty day moving average price is $11.09 and its 200-day moving average price is $9.72.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its earnings results on Monday, January 29th. The bank reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.02. The company had revenue of $8.01 billion for the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 26.90% and a return on equity of 15.34%. Analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.54 earnings per share for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Thursday, April 25th. Investors of record on Tuesday, April 9th were issued a dividend of $0.1695 per share. The ex-dividend date was Monday, April 8th. This represents a yield of 4.3%. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.17. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is 45.58%.

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.