Cerity Partners LLC Reduces Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Cerity Partners LLC reduced its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 0.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 390,515 shares of the bank’s stock after selling 2,943 shares during the quarter. Cerity Partners LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $4,022,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Brooklyn Investment Group lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 120.7% in the 4th quarter. Brooklyn Investment Group now owns 3,540 shares of the bank’s stock valued at $34,000 after purchasing an additional 1,936 shares during the last quarter. Huntington National Bank lifted its stake in Banco Bilbao Vizcaya Argentaria by 96.7% in the fourth quarter. Huntington National Bank now owns 3,616 shares of the bank’s stock valued at $35,000 after buying an additional 1,778 shares during the last quarter. Avion Wealth acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at approximately $39,000. Barclays PLC purchased a new position in shares of Banco Bilbao Vizcaya Argentaria during the third quarter worth approximately $41,000. Finally, Sierra Ocean LLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at $49,000. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Stock Up 4.0 %

Shares of Banco Bilbao Vizcaya Argentaria stock opened at $13.05 on Monday. Banco Bilbao Vizcaya Argentaria, S.A. has a one year low of $9.23 and a one year high of $14.84. The company has a market cap of $76.16 billion, a P/E ratio of 7.21, a PEG ratio of 0.80 and a beta of 1.00. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01. The firm has a fifty day moving average of $13.23 and a two-hundred day moving average of $11.21.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, beating analysts’ consensus estimates 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 forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

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

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on BBVA. Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research note on Thursday, February 27th. StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Wednesday, April 9th. Finally, Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. One analyst has rated the stock with a sell rating, one has assigned a hold rating, one has issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock presently has an average 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.