Cetera Investment Advisers Grows Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Cetera Investment Advisers boosted its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 21.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 205,919 shares of the bank’s stock after purchasing an additional 36,473 shares during the quarter. Cetera Investment Advisers’ holdings in Banco Bilbao Vizcaya Argentaria were worth $2,002,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brooklyn Investment Group raised its position in Banco Bilbao Vizcaya Argentaria by 120.7% during the 4th quarter. Brooklyn Investment Group now owns 3,540 shares of the bank’s stock worth $34,000 after buying an additional 1,936 shares during the last quarter. Huntington National Bank raised its position in Banco Bilbao Vizcaya Argentaria by 96.7% during the 4th quarter. Huntington National Bank now owns 3,616 shares of the bank’s stock worth $35,000 after buying an additional 1,778 shares during the last quarter. Avion Wealth purchased a new position in Banco Bilbao Vizcaya Argentaria during the 4th quarter worth $39,000. Barclays PLC purchased a new position in Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth $41,000. Finally, Sierra Ocean LLC purchased a new position in Banco Bilbao Vizcaya Argentaria during the 4th quarter worth $49,000. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on BBVA. Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research report on Thursday, February 27th. StockNews.com raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. One research analyst has rated the stock with a sell rating, one has issued a hold rating, one has issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

NYSE:BBVA opened at $15.24 on Tuesday. The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16. Banco Bilbao Vizcaya Argentaria, S.A. has a fifty-two week low of $9.23 and a fifty-two week high of $15.25. The stock has a market cap of $88.97 billion, a PE ratio of 8.42, a price-to-earnings-growth ratio of 0.80 and a beta of 1.05. The firm’s fifty day simple moving average is $13.84 and its 200-day simple moving average is $11.94.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its quarterly earnings data on Tuesday, April 29th. The bank reported $0.47 EPS for the quarter, meeting analysts’ consensus estimates of $0.47. The firm had revenue of $10.61 billion for the quarter, compared to analysts’ expectations of $9.12 billion. Banco Bilbao Vizcaya Argentaria had a net margin of 28.10% and a return on equity of 17.49%. Analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Friday, April 25th. Investors of record on Wednesday, April 9th were paid a $0.4439 dividend. This represents a yield of 4.3%. This is a boost from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.11. The ex-dividend date was Wednesday, April 9th. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is presently 39.15%.

Banco Bilbao Vizcaya Argentaria Company Profile

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.