Banco Bilbao Viscaya Argentaria S.A. $BBVA Shares Acquired by Global Retirement Partners LLC

Global Retirement Partners LLC increased its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 120.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 76,788 shares of the bank’s stock after acquiring an additional 42,026 shares during the quarter. Global Retirement Partners LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $1,790,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Bank of America Corp DE grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 28.0% in the 2nd quarter. Bank of America Corp DE now owns 9,288,196 shares of the bank’s stock worth $142,760,000 after acquiring an additional 2,034,318 shares during the last quarter. Capital International Investors grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 0.6% in the 3rd quarter. Capital International Investors now owns 6,616,619 shares of the bank’s stock worth $125,914,000 after acquiring an additional 40,320 shares during the last quarter. Clark Capital Management Group Inc. grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 2.0% in the 3rd quarter. Clark Capital Management Group Inc. now owns 5,755,246 shares of the bank’s stock worth $110,788,000 after acquiring an additional 113,250 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 6.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,846,150 shares of the bank’s stock worth $93,288,000 after acquiring an additional 297,752 shares during the last quarter. Finally, American Century Companies Inc. grew 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 worth $62,527,000 after acquiring an additional 615,985 shares during the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BBVA has been the topic of a number of recent research reports. Wall Street Zen cut Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings cut Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. UBS Group reaffirmed a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Monday, April 20th. Barclays cut Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 15th. Finally, Zacks Research cut Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 10th. One research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold”.

Banco Bilbao Viscaya Argentaria Stock Down 1.4%

Shares of Banco Bilbao Viscaya Argentaria stock opened at $22.39 on Friday. The stock has a market cap 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. The business has a fifty day simple moving average of $21.93 and a 200-day simple moving average of $22.54. Banco Bilbao Viscaya Argentaria S.A. has a 12 month low of $14.63 and a 12 month high of $26.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its earnings results on Tuesday, March 31st. The bank reported $0.59 EPS for the quarter. The business had revenue of $12.33 billion during the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 17.65% and a net margin of 28.21%. Analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 2.26 EPS for the current fiscal year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, April 27th. Investors of record on Thursday, April 9th were given a dividend of $0.7084 per share. The ex-dividend date of this dividend was Thursday, April 9th. This represents a yield of 626.0%. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is presently 54.29%.

Banco Bilbao Viscaya Argentaria Company 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.