140,991 Shares in Banco Bilbao Viscaya Argentaria S.A. $BBVA Bought by Archford Capital Strategies LLC

Key Points

• Archford Capital Strategies established a new position of 140,991 BBVA shares (~$3.29 million) in Q4, joining other funds that have increased stakes; institutional investors own about 2.96% of the company.
• BBVA's latest quarter delivered $0.50 EPS (in line with estimates) and $11.49 billion in revenue (above expectations), with a net margin of 28.43% and ROE of 17.29%; analysts forecast roughly $1.59 EPS for the current fiscal year.
• The bank declared a $0.7084 dividend payable April 27 (ex-dividend April 9); the stock opened at $21.64 (up 6.4%), with a market cap of about $124.7 billion and a PE ratio near 10.98.

Archford Capital Strategies LLC bought a new position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 140,991 shares of the bank's stock, valued at approximately $3,286,000.

A number of other large investors have also recently modified their holdings of the business. AQR Capital Management LLC raised its position in Banco Bilbao Viscaya Argentaria by 103.0% during the first quarter. AQR Capital Management LLC now owns 125,927 shares of the bank's stock valued at $1,715,000 after purchasing an additional 63,880 shares in the last quarter. Jane Street Group LLC boosted its stake in Banco Bilbao Viscaya Argentaria by 104.6% in the first quarter. Jane Street Group LLC now owns 181,639 shares of the bank's stock worth $2,474,000 after buying an additional 92,843 shares in the last quarter. Focus Partners Wealth boosted its stake in Banco Bilbao Viscaya Argentaria by 4.3% in the first quarter. Focus Partners Wealth now owns 17,923 shares of the bank's stock worth $244,000 after buying an additional 732 shares in the last quarter. Sivia Capital Partners LLC boosted its position in Banco Bilbao Viscaya Argentaria by 9.5% during the second quarter. Sivia Capital Partners LLC now owns 24,063 shares of the bank's stock valued at $370,000 after buying an additional 2,090 shares during the period. Finally, Franklin Resources Inc. grew its stake in shares of Banco Bilbao Viscaya Argentaria by 2.8% during the second quarter. Franklin Resources Inc. now owns 133,578 shares of the bank's stock valued at $2,053,000 after buying an additional 3,593 shares during the last quarter. Institutional investors own 2.96% of the company's stock.

Banco Bilbao Viscaya Argentaria Stock Up 6.4%

BBVA stock opened at $21.64 on Wednesday. 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 market cap of $124.69 billion, a PE ratio of 10.98, a price-to-earnings-growth ratio of 0.54 and a beta of 0.80. The business has a 50 day moving average of $22.93 and a 200 day moving average of $21.78.

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

Banco Bilbao Viscaya Argentaria Dividend Announcement

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. The ex-dividend date is Thursday, April 9th. This represents a dividend yield of 678.0%. Banco Bilbao Viscaya Argentaria's payout ratio is currently 30.46%.

Analyst Ratings Changes

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

About Banco Bilbao Viscaya Argentaria

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.

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