Banco Bilbao Viscaya Argentaria S.A. $BBVA Shares Purchased by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. grew its holdings in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 23.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 244,885 shares of the bank’s stock after buying an additional 46,812 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Banco Bilbao Viscaya Argentaria were worth $5,708,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Bank of America Corp DE boosted its stake in Banco Bilbao Viscaya Argentaria by 28.0% during the 2nd quarter. Bank of America Corp DE now owns 9,288,196 shares of the bank’s stock valued at $142,760,000 after acquiring an additional 2,034,318 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 23.4% in the 3rd quarter. American Century Companies Inc. now owns 3,248,176 shares of the bank’s stock valued at $62,527,000 after buying an additional 615,985 shares during the period. Millennium Management LLC grew its position in shares of Banco Bilbao Viscaya Argentaria by 373.4% during the 3rd quarter. Millennium Management LLC now owns 768,243 shares of the bank’s stock valued at $14,789,000 after buying an additional 605,947 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Banco Bilbao Viscaya Argentaria by 11.4% during the second quarter. JPMorgan Chase & Co. now owns 4,548,398 shares of the bank’s stock worth $69,909,000 after acquiring an additional 467,226 shares during the period. Finally, Osaic Holdings Inc. lifted its holdings in Banco Bilbao Viscaya Argentaria by 612.4% in the second quarter. Osaic Holdings Inc. now owns 515,444 shares of the bank’s stock worth $7,922,000 after acquiring an additional 443,092 shares during the last quarter. Institutional investors own 2.96% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on BBVA shares. Weiss Ratings upgraded Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Thursday, March 12th. Royal Bank Of Canada cut Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 28th. Wall Street Zen upgraded shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Finally, Zacks Research lowered shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Price Performance

BBVA opened at $20.43 on Monday. The stock’s 50 day moving average price is $23.06 and its 200 day moving average price is $21.76. The stock has a market cap of $117.72 billion, a P/E ratio of 10.37, a P/E/G ratio of 0.54 and a beta of 0.80. Banco Bilbao Viscaya Argentaria S.A. has a 12 month low of $11.59 and a 12 month high of $26.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Thursday, February 5th. The bank reported $0.50 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.50. Banco Bilbao Viscaya Argentaria had a return on equity of 17.29% and a net margin of 28.43%.The company had revenue of $11.49 billion during the quarter, compared to analyst estimates of $10.74 billion. Equities analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current year.

Banco Bilbao Viscaya Argentaria Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Monday, April 27th. Investors of record on Thursday, April 9th will be issued a $0.7084 dividend. The ex-dividend date of this dividend is Thursday, April 9th. This represents a yield of 678.0%. Banco Bilbao Viscaya Argentaria’s dividend payout ratio is presently 57.87%.

Banco Bilbao Viscaya Argentaria Profile

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.