Prospera Financial Services Inc Purchases 90,514 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

Prospera Financial Services Inc raised its position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 105.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 176,347 shares of the bank’s stock after acquiring an additional 90,514 shares during the period. Prospera Financial Services Inc’s holdings in Banco Bilbao Viscaya Argentaria were worth $4,111,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of BBVA. Bank of America Corp DE lifted its stake in 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 valued at $142,760,000 after acquiring an additional 2,034,318 shares in the last quarter. American Century Companies Inc. lifted its stake in 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 acquiring an additional 615,985 shares in the last quarter. Millennium Management LLC lifted its stake in Banco Bilbao Viscaya Argentaria by 373.4% in the 3rd quarter. Millennium Management LLC now owns 768,243 shares of the bank’s stock valued at $14,789,000 after acquiring an additional 605,947 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in Banco Bilbao Viscaya Argentaria by 53.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,089,572 shares of the bank’s stock valued at $20,974,000 after acquiring an additional 378,554 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake in Banco Bilbao Viscaya Argentaria by 36.8% in the 2nd quarter. Raymond James Financial Inc. now owns 1,212,776 shares of the bank’s stock valued at $18,640,000 after acquiring an additional 326,367 shares in the last quarter. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Trading Up 0.1%

BBVA stock opened at $22.39 on Tuesday. The firm has a market capitalization of $127.80 billion, a PE ratio of 10.66, a PEG ratio of 0.59 and a beta of 0.81. Banco Bilbao Viscaya Argentaria S.A. has a 1-year low of $14.63 and a 1-year high of $26.20. The business’s 50 day simple moving average is $21.96 and its 200 day simple moving average is $22.58.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its earnings results on Tuesday, March 31st. The bank reported $0.59 earnings per share for the quarter. The business had revenue of $12.33 billion for the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 17.65% and a net margin of 28.21%. As a group, sell-side analysts predict 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. Shareholders of record on Thursday, April 9th were issued a $0.7084 dividend. This represents a yield of 626.0%. The ex-dividend date of this dividend was Thursday, April 9th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio is currently 54.29%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on BBVA shares. Wall Street Zen cut Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. 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. UBS Group reiterated a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, April 20th. Barclays cut Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. Finally, Zacks Research cut 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 Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold”.

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.