Tudor Investment Corp ET AL Acquires Shares of 84,767 Banco Bilbao Viscaya Argentaria S.A. $BBVA

Tudor Investment Corp ET AL acquired a new position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 84,767 shares of the bank’s stock, valued at approximately $1,632,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Savvy Advisors Inc. lifted its position in shares of Banco Bilbao Viscaya Argentaria by 3.9% during the third quarter. Savvy Advisors Inc. now owns 14,644 shares of the bank’s stock valued at $282,000 after purchasing an additional 544 shares in the last quarter. Baron Wealth Management LLC grew its position in Banco Bilbao Viscaya Argentaria by 2.5% in the 3rd quarter. Baron Wealth Management LLC now owns 23,039 shares of the bank’s stock worth $443,000 after purchasing an additional 553 shares in the last quarter. Savant Capital LLC increased its stake in Banco Bilbao Viscaya Argentaria by 0.7% in the 3rd quarter. Savant Capital LLC now owns 80,109 shares of the bank’s stock valued at $1,542,000 after buying an additional 556 shares during the last quarter. Peapack Gladstone Financial Corp increased its stake in Banco Bilbao Viscaya Argentaria by 4.1% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 14,304 shares of the bank’s stock valued at $220,000 after buying an additional 563 shares during the last quarter. Finally, Leavell Investment Management Inc. lifted its position in shares of Banco Bilbao Viscaya Argentaria by 1.1% during the 3rd quarter. Leavell Investment Management Inc. now owns 57,005 shares of the bank’s stock worth $1,097,000 after buying an additional 605 shares in the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Stock Up 0.0%

Banco Bilbao Viscaya Argentaria stock opened at $20.43 on Monday. Banco Bilbao Viscaya Argentaria S.A. has a twelve month low of $11.59 and a twelve month high of $26.20. The firm has a 50 day moving average price of $23.06 and a 200-day moving average price of $21.76. The company has a market capitalization of $117.72 billion, a P/E ratio of 10.37, a P/E/G ratio of 0.54 and a beta of 0.80.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its quarterly earnings results on Thursday, February 5th. The bank reported $0.50 EPS for the quarter, hitting analysts’ consensus estimates of $0.50. Banco Bilbao Viscaya Argentaria had a net margin of 28.43% and a return on equity of 17.29%. The company had revenue of $11.49 billion for the quarter, compared to analysts’ expectations of $10.74 billion. Equities analysts expect that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The company also recently announced a dividend, which will be paid on Monday, April 27th. Shareholders of record on Thursday, April 9th will be paid a $0.7084 dividend. The ex-dividend date is Thursday, April 9th. This represents a dividend yield of 678.0%. Banco Bilbao Viscaya Argentaria’s payout ratio is presently 57.87%.

Analyst Upgrades and Downgrades

BBVA has been the subject of several recent analyst reports. Zacks Research lowered Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Wall Street Zen upgraded Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Weiss Ratings raised Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Thursday, March 12th. Finally, Royal Bank Of Canada downgraded Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) is a Spanish multinational financial services group headquartered in Bilbao, Spain. The bank traces its roots to several historic regional banks and was formed through a series of mergers that consolidated its position as one of Spain’s largest banking groups. BBVA operates as a universal bank offering a broad range of financial services to retail, corporate and institutional clients.

BBVA’s core businesses include retail and commercial banking, corporate and investment banking, private banking and wealth management, asset management, and insurance.