SG Americas Securities LLC Buys 220,892 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

SG Americas Securities LLC increased its stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 319.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 290,064 shares of the bank’s stock after buying an additional 220,892 shares during the period. SG Americas Securities LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $6,761,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Navigoe LLC bought a new position in Banco Bilbao Viscaya Argentaria in the 3rd quarter valued at about $26,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Banco Bilbao Viscaya Argentaria during the second quarter worth approximately $30,000. Cornerstone Planning Group LLC grew its position in shares of Banco Bilbao Viscaya Argentaria by 183.2% in the third quarter. Cornerstone Planning Group LLC now owns 1,597 shares of the bank’s stock valued at $32,000 after purchasing an additional 1,033 shares during the last quarter. Salomon & Ludwin LLC grew its position in shares of Banco Bilbao Viscaya Argentaria by 2,989.5% in the third quarter. Salomon & Ludwin LLC now owns 2,348 shares of the bank’s stock valued at $45,000 after purchasing an additional 2,272 shares during the last quarter. Finally, Westside Investment Management Inc. increased its stake in shares of Banco Bilbao Viscaya Argentaria by 100.0% during the third 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 during the period. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Trading Up 6.4%

Shares of BBVA opened at $21.64 on Wednesday. Banco Bilbao Viscaya Argentaria S.A. has a 12 month low of $11.59 and a 12 month high of $26.20. The firm’s 50 day moving average is $22.93 and its 200-day moving average is $21.78. The stock has a market capitalization of $124.69 billion, a PE ratio of 10.98, a P/E/G ratio of 0.54 and a beta of 0.80.

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

Banco Bilbao Viscaya Argentaria Announces Dividend

The business also recently announced a dividend, which will be paid on Monday, April 27th. Stockholders of record on Thursday, April 9th will be given a dividend of $0.7084 per share. This represents a dividend yield of 678.0%. The ex-dividend date is Thursday, April 9th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio is presently 30.46%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on BBVA shares. Zacks Research cut Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Weiss Ratings upgraded Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Thursday, March 12th. 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. Finally, Wall Street Zen raised shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Banco Bilbao Viscaya Argentaria 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.