Boston Partners Sells 22,951 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

Boston Partners trimmed its holdings in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 17.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 110,859 shares of the bank’s stock after selling 22,951 shares during the quarter. Boston Partners’ holdings in Banco Bilbao Viscaya Argentaria were worth $1,704,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Goldman Sachs Group Inc. grew its stake in Banco Bilbao Viscaya Argentaria by 10.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 10,941,273 shares of the bank’s stock valued at $149,020,000 after purchasing an additional 1,014,305 shares during the period. Clark Capital Management Group Inc. boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 6.6% in the 1st quarter. Clark Capital Management Group Inc. now owns 5,578,381 shares of the bank’s stock worth $75,978,000 after buying an additional 347,564 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 11.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,548,398 shares of the bank’s stock worth $69,909,000 after buying an additional 467,226 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Banco Bilbao Viscaya Argentaria by 17.1% during the second quarter. Envestnet Asset Management Inc. now owns 4,375,294 shares of the bank’s stock valued at $67,247,000 after buying an additional 637,519 shares during the period. Finally, American Century Companies Inc. increased its holdings in Banco Bilbao Viscaya Argentaria by 11.3% during the second quarter. American Century Companies Inc. now owns 2,632,191 shares of the bank’s stock worth $40,457,000 after buying an additional 267,740 shares during the last quarter. 2.96% of the stock is currently owned by institutional investors.

Banco Bilbao Viscaya Argentaria Price Performance

Shares of NYSE BBVA opened at $21.58 on Monday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.01 and a current ratio of 1.01. Banco Bilbao Viscaya Argentaria S.A. has a fifty-two week low of $9.28 and a fifty-two week high of $22.09. The stock has a market cap of $125.98 billion, a PE ratio of 11.36, a price-to-earnings-growth ratio of 1.07 and a beta of 1.21. The stock has a fifty day moving average of $19.89 and a 200-day moving average of $17.70.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its earnings results on Thursday, October 30th. The bank reported $0.49 EPS for the quarter, topping the consensus estimate of $0.48 by $0.01. The business had revenue of $10.59 billion during the quarter, compared to the consensus estimate of $10.47 billion. Banco Bilbao Viscaya Argentaria had a return on equity of 17.61% and a net margin of 29.17%. Equities research analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, November 24th. Stockholders of record on Thursday, November 6th were given a $0.3736 dividend. This represents a dividend yield of 361.0%. The ex-dividend date was Thursday, November 6th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is 30.89%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on BBVA shares. Zacks Research downgraded shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Wall Street Zen cut shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Friday. Morgan Stanley started coverage on Banco Bilbao Viscaya Argentaria in a report on Tuesday, October 21st. They set an “equal weight” rating for the company. Weiss Ratings reissued a “buy (a-)” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Tuesday, November 25th. Finally, Barclays raised Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a research report on Thursday, August 7th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

About Banco Bilbao Viscaya 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.