Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Shares Acquired by Corient Private Wealth LLC

Corient Private Wealth LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 10.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 150,035 shares of the bank’s stock after purchasing an additional 14,024 shares during the quarter. Corient Private Wealth LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $1,458,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. IFP Advisors Inc increased its stake in Banco Bilbao Vizcaya Argentaria by 20.7% during 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. AdvisorNet Financial Inc increased its position in shares of Banco Bilbao Vizcaya Argentaria by 5.5% in the 4th quarter. AdvisorNet Financial Inc now owns 21,044 shares of the bank’s stock valued at $205,000 after acquiring an additional 1,100 shares during the period. Chickasaw Capital Management LLC raised its stake in Banco Bilbao Vizcaya Argentaria by 2.6% in the 4th quarter. Chickasaw Capital Management LLC now owns 43,769 shares of the bank’s stock worth $425,000 after acquiring an additional 1,115 shares during the last quarter. Checchi Capital Advisers LLC lifted its position in Banco Bilbao Vizcaya Argentaria by 3.6% during the 4th quarter. Checchi Capital Advisers LLC now owns 38,717 shares of the bank’s stock worth $376,000 after acquiring an additional 1,344 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in Banco Bilbao Vizcaya Argentaria by 7.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 19,576 shares of the bank’s stock valued at $190,000 after purchasing an additional 1,437 shares during the last quarter. 2.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on BBVA shares. Hsbc Global Res raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a report 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 report on Thursday, February 27th. Finally, StockNews.com downgraded shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday, March 15th. One 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 stock. According to data from MarketBeat, Banco Bilbao Vizcaya Argentaria currently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of BBVA stock opened at $14.49 on Wednesday. Banco Bilbao Vizcaya Argentaria, S.A. has a 52-week low of $9.23 and a 52-week high of $14.84. The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16. The stock has a market cap of $84.59 billion, a PE ratio of 8.01, a price-to-earnings-growth ratio of 0.80 and a beta of 1.26. The business has a 50-day simple moving average of $12.66 and a 200-day simple moving average of $10.95.

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

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, April 25th. Shareholders of record on Wednesday, April 9th will be issued a $0.4439 dividend. This is a positive change from Banco Bilbao Vizcaya Argentaria’s previous dividend of $0.11. The ex-dividend date of this dividend is Wednesday, April 9th. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is presently 28.18%.

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.