Prospera Financial Services Inc raised its position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA – Free Report) by 105.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 176,347 shares of the bank’s stock after buying an additional 90,514 shares during the quarter. Prospera Financial Services Inc’s holdings in Banco Bilbao Viscaya Argentaria were worth $4,111,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. grew its holdings in Banco Bilbao Viscaya Argentaria by 50.9% in the 4th quarter. TD Waterhouse Canada Inc. now owns 1,304 shares of the bank’s stock valued at $30,000 after buying an additional 440 shares in the last quarter. Cornerstone Planning Group LLC grew its holdings in Banco Bilbao Viscaya Argentaria by 183.2% in the 3rd quarter. Cornerstone Planning Group LLC now owns 1,597 shares of the bank’s stock valued at $32,000 after buying an additional 1,033 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in Banco Bilbao Viscaya Argentaria by 45.6% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,456 shares of the bank’s stock valued at $34,000 after buying an additional 456 shares in the last quarter. NBC Securities Inc. acquired a new position in Banco Bilbao Viscaya Argentaria in the 4th quarter valued at $35,000. Finally, Sound Income Strategies LLC grew its holdings in Banco Bilbao Viscaya Argentaria by 187.3% in the 4th quarter. Sound Income Strategies LLC now owns 1,557 shares of the bank’s stock valued at $38,000 after buying an additional 1,015 shares in the last quarter. 2.96% of the stock is owned by institutional investors and hedge funds.
Banco Bilbao Viscaya Argentaria Stock Up 0.1%
NYSE:BBVA opened at $22.39 on Tuesday. The firm has a market capitalization of $127.80 billion, a PE ratio of 10.66, a price-to-earnings-growth ratio of 0.59 and a beta of 0.81. Banco Bilbao Viscaya Argentaria S.A. has a twelve month low of $14.63 and a twelve month high of $26.20. The stock’s 50-day simple moving average is $21.96 and its 200 day simple moving average is $22.58.
Banco Bilbao Viscaya Argentaria Announces Dividend
The company also recently announced a dividend, which was paid on Monday, April 27th. Shareholders of record on Thursday, April 9th were given a $0.7084 dividend. The ex-dividend date was Thursday, April 9th. This represents a yield of 626.0%. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is currently 54.29%.
Wall Street Analyst Weigh In
BBVA has been the topic of several analyst reports. Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Barclays lowered Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Zacks Research lowered Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. UBS Group reissued a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, April 20th. Finally, Weiss Ratings lowered Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Banco Bilbao Viscaya Argentaria currently has a consensus rating of “Hold”.
Read Our Latest Analysis on Banco Bilbao Viscaya Argentaria
About Banco Bilbao Viscaya Argentaria
Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) is a Spanish multinational financial services group headquartered in Bilbao, Spain. The bank traces its roots to several historic regional banks and was formed through a series of mergers that consolidated its position as one of Spain’s largest banking groups. BBVA operates as a universal bank offering a broad range of financial services to retail, corporate and institutional clients.
BBVA’s core businesses include retail and commercial banking, corporate and investment banking, private banking and wealth management, asset management, and insurance.
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