Banco Bilbao Viscaya Argentaria S.A. $BBVA Shares Sold by Pitcairn Co.

Pitcairn Co. lowered its holdings in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 24.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 79,541 shares of the bank’s stock after selling 25,780 shares during the quarter. Pitcairn Co.’s holdings in Banco Bilbao Viscaya Argentaria were worth $1,531,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. AQR Capital Management LLC boosted its position in shares of Banco Bilbao Viscaya Argentaria by 103.0% in the 1st quarter. AQR Capital Management LLC now owns 125,927 shares of the bank’s stock worth $1,715,000 after buying an additional 63,880 shares in the last quarter. Jane Street Group LLC raised its position in Banco Bilbao Viscaya Argentaria by 104.6% during the first quarter. Jane Street Group LLC now owns 181,639 shares of the bank’s stock worth $2,474,000 after acquiring an additional 92,843 shares during the last quarter. Focus Partners Wealth lifted its holdings in shares of Banco Bilbao Viscaya Argentaria by 4.3% in the first quarter. Focus Partners Wealth now owns 17,923 shares of the bank’s stock valued at $244,000 after purchasing an additional 732 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of Banco Bilbao Viscaya Argentaria by 9.5% in the second quarter. Sivia Capital Partners LLC now owns 24,063 shares of the bank’s stock valued at $370,000 after purchasing an additional 2,090 shares in the last quarter. Finally, Bank of Montreal Can grew its position in shares of Banco Bilbao Viscaya Argentaria by 6.2% in the second quarter. Bank of Montreal Can now owns 231,105 shares of the bank’s stock valued at $3,552,000 after purchasing an additional 13,483 shares during the last quarter. 2.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Wall Street Zen raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Royal Bank Of Canada cut Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 28th. Weiss Ratings reissued a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, December 29th. Finally, Zacks Research upgraded shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Stock Down 0.9%

BBVA stock opened at $21.34 on Friday. The company has a market cap of $122.99 billion, a price-to-earnings ratio of 10.83, a PEG ratio of 0.56 and a beta of 0.80. The business has a fifty day simple moving average of $23.87 and a 200-day simple moving average of $21.44. Banco Bilbao Viscaya Argentaria S.A. has a 52 week low of $11.59 and a 52 week high of $26.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its quarterly earnings results on Thursday, February 5th. The bank reported $0.50 earnings per share (EPS) for the quarter, meeting 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 firm had revenue of $11.49 billion during the quarter, compared to the consensus estimate of $10.74 billion. As a group, analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current fiscal year.

Banco Bilbao Viscaya Argentaria Dividend Announcement

The firm also recently announced a dividend, which will be paid on Monday, April 27th. Stockholders of record on Thursday, April 9th will be paid a $0.7084 dividend. This represents a dividend yield of 678.0%. The ex-dividend date of this dividend is Thursday, April 9th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is currently 30.46%.

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.