Transamerica Financial Advisors Inc. Cuts Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Transamerica Financial Advisors Inc. reduced its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 6.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,766 shares of the bank’s stock after selling 911 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $134,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of BBVA. Brooklyn Investment Group lifted its holdings 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 acquiring an additional 1,936 shares during the period. Avion Wealth acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 4th quarter valued at approximately $39,000. Barclays PLC purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth approximately $41,000. Sierra Ocean LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter worth approximately $49,000. Finally, IFP Advisors Inc increased its stake in Banco Bilbao Vizcaya Argentaria by 20.7% in the 4th quarter. IFP Advisors Inc now owns 5,420 shares of the bank’s stock valued at $53,000 after purchasing an additional 930 shares in the last quarter. 2.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

BBVA has been the topic of a number of research analyst reports. StockNews.com downgraded Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Friday. Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research report on Thursday, February 27th. Finally, Hsbc Global Res upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Friday, January 31st. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Banco Bilbao Vizcaya Argentaria currently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

Banco Bilbao Vizcaya Argentaria stock opened at $13.73 on Friday. 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 fifty-two week low of $9.23 and a fifty-two week high of $14.84. The stock has a fifty day moving average of $12.86 and a two-hundred day moving average of $11.03. The company has a market capitalization of $80.13 billion, a price-to-earnings ratio of 7.58, a PEG ratio of 0.80 and a beta of 1.26.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a net margin of 28.10% and a return on equity of 17.49%. On average, analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Friday, April 25th. Investors of record on Wednesday, April 9th will be paid a dividend of $0.4439 per share. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.11. The ex-dividend date is Wednesday, April 9th. This represents a dividend yield of 4.3%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is presently 39.23%.

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.