Ellevest Inc. Has $1.03 Million Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Ellevest Inc. cut its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 4.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 106,264 shares of the bank’s stock after selling 4,991 shares during the quarter. Ellevest Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $1,033,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in BBVA. Symmetry Investments LP acquired a new stake in Banco Bilbao Vizcaya Argentaria in the fourth quarter worth about $27,647,000. Northern Trust Corp boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 48.6% in the 4th quarter. Northern Trust Corp now owns 7,418,877 shares of the bank’s stock valued at $72,111,000 after purchasing an additional 2,424,880 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 4th quarter worth approximately $7,333,000. Bank of America Corp DE raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 13.7% during the fourth quarter. Bank of America Corp DE now owns 5,108,410 shares of the bank’s stock worth $49,654,000 after buying an additional 613,563 shares during the last quarter. Finally, Norges Bank acquired a new position in Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at approximately $3,208,000. 2.96% of the stock is owned by institutional investors.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of Banco Bilbao Vizcaya Argentaria stock opened at $14.43 on Friday. The stock’s fifty day simple moving average is $13.69 and its 200 day simple moving average is $11.67. The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $84.22 billion, a PE ratio of 7.97, a PEG ratio of 0.80 and a beta of 1.05. Banco Bilbao Vizcaya Argentaria, S.A. has a 12 month low of $9.23 and a 12 month high of $14.84.

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, hitting analysts’ consensus estimates of $0.47. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. The company had revenue of $10.61 billion for the quarter, compared to analyst estimates of $9.12 billion. On average, research analysts predict that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

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

Analyst Ratings Changes

Several analysts have commented on the stock. StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Wednesday, April 9th. Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Friday, January 31st. Finally, Kepler Capital Markets upgraded Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Banco Bilbao Vizcaya Argentaria currently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Company 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.