Welch Group LLC lowered its position in Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) by 7.7% in the 1st quarter, Holdings Channel reports. The firm owned 45,053 shares of the bank’s stock after selling 3,771 shares during the period. Welch Group LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $258,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Rhumbline Advisers bought a new position in Banco Bilbao Vizcaya Argentaria during the third quarter worth about $115,000. Brown Advisory Inc. boosted its position in Banco Bilbao Vizcaya Argentaria by 26.5% during the third quarter. Brown Advisory Inc. now owns 43,886 shares of the bank’s stock worth $276,000 after purchasing an additional 9,192 shares during the period. Hsbc Holdings PLC boosted its position in Banco Bilbao Vizcaya Argentaria by 11.9% during the third quarter. Hsbc Holdings PLC now owns 85,197 shares of the bank’s stock worth $537,000 after purchasing an additional 9,092 shares during the period. Rehmann Capital Advisory Group boosted its position in Banco Bilbao Vizcaya Argentaria by 515.1% during the third quarter. Rehmann Capital Advisory Group now owns 28,060 shares of the bank’s stock worth $4,454,000 after purchasing an additional 23,498 shares during the period. Finally, Scout Investments Inc. boosted its position in Banco Bilbao Vizcaya Argentaria by 8.0% during the fourth quarter. Scout Investments Inc. now owns 624,524 shares of the bank’s stock worth $3,304,000 after purchasing an additional 46,109 shares during the period.

Shares of BBVA stock traded down $0.03 during trading hours on Monday, reaching $6.21. The stock had a trading volume of 1,572,207 shares, compared to its average volume of 3,481,207. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.16. Banco Bilbao Vizcaya Argentaria SA has a 12 month low of $4.99 and a 12 month high of $8.18. The firm has a market capitalization of $39.79 billion, a P/E ratio of 7.05, a price-to-earnings-growth ratio of 3.61 and a beta of 0.95.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Friday, February 1st. The bank reported $0.16 EPS for the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 24.54% and a return on equity of 7.66%. The company had revenue of $5.46 billion during the quarter. Sell-side analysts predict that Banco Bilbao Vizcaya Argentaria SA will post 0.72 EPS for the current year.

The company also recently disclosed a semiannual dividend, which will be paid on Monday, April 29th. Stockholders of record on Tuesday, April 9th will be given a $0.1821 dividend. The ex-dividend date is Monday, April 8th. This represents a dividend yield of 6.02%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is currently 32.95%.

BBVA has been the subject of a number of research reports. Zacks Investment Research lowered shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “sell” rating in a research report on Tuesday, December 18th. ValuEngine upgraded shares of Banco Bilbao Vizcaya Argentaria from a “strong sell” rating to a “sell” rating in a research report on Wednesday, January 2nd. HSBC lowered shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Tuesday, January 15th. Finally, Deutsche Bank upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Monday, April 1st. One analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $6.75.

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Banco Bilbao Vizcaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. The company accepts various deposits, such as current and savings accounts, term deposits, subordinated deposits, and other accounts. It also offers loan products; and foreclosed real-estate assets from residential mortgages and developers, as well as lending to developers.

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

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