Insigneo Advisory Services LLC Trims Stock Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Insigneo Advisory Services LLC lessened its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 26.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,790 shares of the bank’s stock after selling 4,890 shares during the quarter. Insigneo Advisory Services LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $134,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Raymond James Financial Inc. purchased a new position in shares of Banco Bilbao Vizcaya Argentaria during the 4th quarter worth approximately $7,333,000. Norges Bank purchased a new position in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter worth $3,208,000. Summit Global Investments grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 105.5% in the fourth quarter. Summit Global Investments now owns 539,796 shares of the bank’s stock valued at $5,247,000 after buying an additional 277,164 shares in the last quarter. LPL Financial LLC raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 189.4% in the 4th quarter. LPL Financial LLC now owns 397,979 shares of the bank’s stock valued at $3,868,000 after buying an additional 260,472 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in Banco Bilbao Vizcaya Argentaria during the 4th quarter worth about $2,046,000. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of Banco Bilbao Vizcaya Argentaria stock opened at $13.47 on Friday. The business has a 50-day simple moving average of $13.38 and a 200-day simple moving average of $11.31. 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 one year low of $9.23 and a one year high of $14.84. The company has a market cap of $78.61 billion, a PE ratio of 7.44, a P/E/G ratio of 0.80 and a beta of 1.00.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, topping 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, equities research analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Friday, April 25th. Shareholders of record on Wednesday, April 9th will be paid a $0.4439 dividend. The ex-dividend date of this dividend is Wednesday, April 9th. This is a boost from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.11. This represents a yield of 4.3%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is currently 39.23%.

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.