Goodman Advisory Group LLC Has $4.42 Million Holdings in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Goodman Advisory Group LLC cut its holdings in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 9.7% during the 3rd quarter, Holdings Channel reports. The firm owned 229,816 shares of the bank’s stock after selling 24,700 shares during the period. Goodman Advisory Group LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $4,424,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Navigoe LLC acquired a new stake in Banco Bilbao Viscaya Argentaria during the third quarter worth approximately $26,000. Twin Peaks Wealth Advisors LLC acquired a new position in Banco Bilbao Viscaya Argentaria in the 2nd quarter valued at $30,000. Cornerstone Planning Group LLC lifted its position in shares of Banco Bilbao Viscaya Argentaria by 183.2% during the 3rd quarter. Cornerstone Planning Group LLC now owns 1,597 shares of the bank’s stock valued at $32,000 after acquiring an additional 1,033 shares during the period. Salomon & Ludwin LLC lifted its position in shares of Banco Bilbao Viscaya Argentaria by 2,989.5% during the 3rd quarter. Salomon & Ludwin LLC now owns 2,348 shares of the bank’s stock valued at $45,000 after acquiring an additional 2,272 shares during the period. Finally, Westside Investment Management Inc. grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 2,316 shares of the bank’s stock worth $45,000 after purchasing an additional 1,158 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on BBVA. Royal Bank Of Canada cut Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 28th. Zacks Research upgraded shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. Weiss Ratings reissued a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, December 29th. Finally, Wall Street Zen upgraded shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Banco Bilbao Viscaya Argentaria has a consensus rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Stock Performance

Banco Bilbao Viscaya Argentaria stock opened at $21.34 on Friday. Banco Bilbao Viscaya Argentaria S.A. has a 52 week low of $11.59 and a 52 week high of $26.20. The stock has a market capitalization of $122.99 billion, a P/E ratio of 10.83, a price-to-earnings-growth ratio of 0.56 and a beta of 0.80. The stock has a fifty day moving average of $23.87 and a 200-day moving average of $21.46.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Thursday, February 5th. The bank reported $0.50 earnings per share for the quarter, meeting the consensus estimate of $0.50. Banco Bilbao Viscaya Argentaria had a return on equity of 17.29% and a net margin of 28.43%.The business had revenue of $11.49 billion for the quarter, compared to analyst estimates of $10.74 billion. On average, research analysts forecast 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 business also recently declared a dividend, which will be paid on Monday, April 27th. Stockholders of record on Thursday, April 9th will be paid a $0.7084 dividend. This represents a dividend yield of 678.0%. The ex-dividend date is Thursday, April 9th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is presently 30.46%.

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.