Northwestern Mutual Wealth Management Co. Buys 30,836 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

Northwestern Mutual Wealth Management Co. increased its stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 35.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 117,013 shares of the bank’s stock after buying an additional 30,836 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Banco Bilbao Viscaya Argentaria were worth $2,728,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of BBVA. AQR Capital Management LLC lifted its position in shares of Banco Bilbao Viscaya Argentaria by 103.0% during 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 during the period. Jane Street Group LLC increased its holdings in Banco Bilbao Viscaya Argentaria by 104.6% during the 1st quarter. Jane Street Group LLC now owns 181,639 shares of the bank’s stock valued at $2,474,000 after purchasing an additional 92,843 shares in the last quarter. Focus Partners Wealth increased its holdings in Banco Bilbao Viscaya Argentaria by 4.3% during the 1st 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 increased its holdings in Banco Bilbao Viscaya Argentaria by 9.5% during the 2nd 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, Russell Investments Group Ltd. increased its holdings in Banco Bilbao Viscaya Argentaria by 44.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 72,881 shares of the bank’s stock valued at $1,120,000 after purchasing an additional 22,284 shares in the last quarter. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Stock Performance

NYSE BBVA opened at $22.39 on Tuesday. The stock has a fifty day moving average of $21.96 and a 200-day moving average of $22.58. The stock has a market capitalization of $127.80 billion, a P/E ratio of 10.66, a price-to-earnings-growth ratio of 0.59 and a beta of 0.81. Banco Bilbao Viscaya Argentaria S.A. has a 52 week low of $14.63 and a 52 week high of $26.20.

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

Banco Bilbao Viscaya Argentaria Dividend Announcement

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

Analyst Upgrades and Downgrades

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

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.