SG Americas Securities LLC Has $1.47 Million Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

SG Americas Securities LLC lessened its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 24.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 108,025 shares of the bank’s stock after selling 34,091 shares during the period. SG Americas Securities LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $1,471,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BBVA. Huntington National Bank boosted its holdings in shares of 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 period. Sierra Ocean LLC acquired a new position in Banco Bilbao Vizcaya Argentaria during the 4th quarter worth $49,000. IFP Advisors Inc grew its position in shares of Banco Bilbao Vizcaya Argentaria by 20.7% in the fourth quarter. IFP Advisors Inc now owns 5,420 shares of the bank’s stock valued at $53,000 after purchasing an additional 930 shares during the last quarter. Quinn Opportunity Partners LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the fourth quarter worth about $97,000. Finally, Venturi Wealth Management LLC increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 901.1% in the fourth quarter. Venturi Wealth Management LLC now owns 10,061 shares of the bank’s stock worth $98,000 after purchasing an additional 9,056 shares during the period. Institutional investors and hedge funds own 2.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on BBVA. Wall Street Zen downgraded Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research note on Friday, May 30th. Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research note on Thursday, February 27th. Two equities research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Banco Bilbao Vizcaya Argentaria currently has an average rating of “Buy”.

Banco Bilbao Vizcaya Argentaria Stock Down 1.7%

BBVA stock opened at $15.06 on Monday. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $9.23 and a twelve month high of $15.66. The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16. The company has a market cap of $87.90 billion, a PE ratio of 8.32, a price-to-earnings-growth ratio of 0.80 and a beta of 1.08. The business’s 50-day simple moving average is $14.36 and its 200 day simple moving average is $12.66.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings data on Tuesday, April 29th. The bank reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. The company had revenue of $10.61 billion for the quarter, compared to analyst estimates of $9.12 billion. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. On average, research analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Friday, April 25th. Stockholders of record on Wednesday, April 9th were issued a dividend of $0.4439 per share. This represents a dividend yield of 4.3%. This is an increase 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 (DPR) is presently 39.15%.

Banco Bilbao Vizcaya Argentaria 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.