Cerity Partners LLC Reduces Stock Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Cerity Partners LLC decreased its position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 0.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 390,515 shares of the bank’s stock after selling 2,943 shares during the quarter. Cerity Partners LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $4,022,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Stifel Financial Corp boosted its position in Banco Bilbao Vizcaya Argentaria by 10.0% during the third quarter. Stifel Financial Corp now owns 348,248 shares of the bank’s stock worth $3,775,000 after purchasing an additional 31,600 shares in the last quarter. MML Investors Services LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 52.4% during the 3rd quarter. MML Investors Services LLC now owns 233,503 shares of the bank’s stock worth $2,531,000 after buying an additional 80,267 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 3rd quarter worth about $639,000. Barclays PLC acquired a new stake in Banco Bilbao Vizcaya Argentaria in the 3rd quarter valued at about $41,000. Finally, M&T Bank Corp increased its holdings in Banco Bilbao Vizcaya Argentaria by 16.6% during the 3rd quarter. M&T Bank Corp now owns 29,366 shares of the bank’s stock valued at $318,000 after acquiring an additional 4,190 shares in the last quarter. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Stock Performance

NYSE:BBVA opened at $13.05 on Monday. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 0.27. The firm has a market cap of $76.16 billion, a PE ratio of 7.21, a P/E/G ratio of 0.80 and a beta of 1.00. The firm has a 50 day simple moving average of $13.23 and a 200-day simple moving average of $11.21. Banco Bilbao Vizcaya Argentaria, S.A. has a 1-year low of $9.23 and a 1-year high of $14.84.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. On average, equities analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Friday, April 25th. Investors of record on Wednesday, April 9th will be given a dividend of $0.4439 per share. The ex-dividend date of this dividend is Wednesday, April 9th. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.11. This represents a yield of 4.3%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is 39.23%.

Analyst Upgrades and Downgrades

BBVA has been the topic of several recent research reports. Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Friday, January 31st. Kepler Capital Markets upgraded Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a report on Thursday, February 27th. Finally, StockNews.com raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Wednesday, April 9th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Banco Bilbao Vizcaya Argentaria currently has an average rating of “Moderate Buy”.

About Banco Bilbao Vizcaya Argentaria

Banco Bilbao Vizcaya Argentaria, SA provides retail banking, wholesale banking, and asset management services in the United States, Spain, Mexico, Turkey, South America, and internationally. The company offers savings account, demand deposits, and time deposits; and loan products, such as residential mortgages, other households, credit card loans, loans to enterprises and public sector, as well as consumer finance.