Oppenheimer Asset Management Inc. Sells 56,347 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Oppenheimer Asset Management Inc. decreased its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVAGet Rating) by 8.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 639,516 shares of the bank’s stock after selling 56,347 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $3,753,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fisher Asset Management LLC raised its stake in Banco Bilbao Vizcaya Argentaria by 4.8% in the 3rd quarter. Fisher Asset Management LLC now owns 44,544,651 shares of the bank’s stock worth $293,549,000 after purchasing an additional 2,051,178 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 5.5% during the 3rd quarter. Goldman Sachs Group Inc. now owns 5,600,595 shares of the bank’s stock valued at $36,908,000 after purchasing an additional 292,246 shares during the last quarter. Credit Suisse AG grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 9.6% during the 3rd quarter. Credit Suisse AG now owns 3,675,213 shares of the bank’s stock valued at $24,220,000 after purchasing an additional 322,864 shares during the last quarter. BlackRock Inc. grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 5.2% during the 3rd quarter. BlackRock Inc. now owns 2,828,103 shares of the bank’s stock valued at $18,637,000 after purchasing an additional 140,799 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 3rd quarter valued at approximately $9,370,000. Institutional investors and hedge funds own 9.59% of the company’s stock.

Shares of NYSE:BBVA opened at $5.40 on Monday. The company has a quick ratio of 1.01, a current ratio of 1.03 and a debt-to-equity ratio of 1.14. The firm has a market capitalization of $36.01 billion, a PE ratio of 6.70 and a beta of 1.49. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $4.76 and a twelve month high of $7.26. The company has a 50-day moving average price of $5.97 and a two-hundred day moving average price of $6.19.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVAGet Rating) last released its quarterly earnings data on Thursday, February 3rd. The bank reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.05. Banco Bilbao Vizcaya Argentaria had a net margin of 22.03% and a return on equity of 8.63%. The company had revenue of $6.26 billion during the quarter. Analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 0.75 earnings per share for the current fiscal year.

The company also recently disclosed a semi-annual dividend, which will be paid on Monday, April 25th. Stockholders of record on Thursday, April 7th will be given a $0.2611 dividend. This is a positive change from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.09. This represents a dividend yield of 4.4%. The ex-dividend date is Wednesday, April 6th. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is 53.17%.

Several equities research analysts recently issued reports on the stock. Morgan Stanley lifted their price target on shares of Banco Bilbao Vizcaya Argentaria from €7.00 ($7.69) to €7.30 ($8.02) and gave the company an “overweight” rating in a report on Tuesday, February 15th. Credit Suisse Group upped their price objective on shares of Banco Bilbao Vizcaya Argentaria from €5.20 ($5.71) to €5.40 ($5.93) and gave the stock a “neutral” rating in a report on Friday, February 4th. JPMorgan Chase & Co. downgraded shares of Banco Bilbao Vizcaya Argentaria from an “overweight” rating to a “neutral” rating and lowered their target price for the company from €7.30 ($8.02) to €6.20 ($6.81) in a report on Monday, March 14th. UBS Group increased their price target on shares of Banco Bilbao Vizcaya Argentaria from €6.20 ($6.81) to €6.30 ($6.92) and gave the company a “neutral” rating in a research report on Thursday, January 27th. Finally, StockNews.com initiated coverage on shares of Banco Bilbao Vizcaya Argentaria in a research report on Thursday, March 31st. They set a “buy” rating for the company. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria presently has an average rating of “Hold” and a consensus price target of $6.61.

Banco Bilbao Vizcaya Argentaria Profile (Get Rating)

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail banking, wholesale banking, and asset management services. It offers current accounts; and demand, savings, overnight, time, term, and subordinated deposits. The company also provides loan products; deals in securities; and manages pension and investment funds.

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Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria (NYSE:BBVA)

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