Banco Bilbao Viscaya Argentaria S.A. $BBVA Stock Holdings Increased by Rathbones Group PLC

Key Points

• Rathbones Group PLC boosted its stake in Banco Bilbao Vizcaya Argentaria by 250.8% in Q3, adding 175,976 shares to hold 246,151 shares worth about $4.74 million after the purchase.
• BBVA reported Q4 results showing $0.50 EPS (in line with estimates) and $11.49 billion revenue (above estimates), announced a $0.7084 dividend payable April 27 with record date April 9, and posts strong metrics including a 17.29% ROE and a market cap near $123 billion.
• Analyst sentiment is mixed but positive overall — the consensus rating is a “Moderate Buy” (1 Strong Buy, 2 Buy, 2 Hold) amid recent actions like an RBC downgrade to sector perform and upgrades from Zacks and Wall Street Zen.

Rathbones Group PLC increased its stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 250.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 246,151 shares of the bank's stock after purchasing an additional 175,976 shares during the quarter. Rathbones Group PLC's holdings in Banco Bilbao Viscaya Argentaria were worth $4,738,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BBVA. Dynasty Wealth Management LLC acquired a new stake in shares of Banco Bilbao Viscaya Argentaria during the 3rd quarter valued at $876,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the third quarter worth $2,478,000. JPMorgan Chase & Co. raised its holdings in shares of Banco Bilbao Viscaya Argentaria by 6.5% during the third quarter. JPMorgan Chase & Co. now owns 4,846,150 shares of the bank's stock worth $93,288,000 after acquiring an additional 297,752 shares in the last quarter. Osaic Holdings Inc. boosted its position in Banco Bilbao Viscaya Argentaria by 612.4% during the second quarter. Osaic Holdings Inc. now owns 515,444 shares of the bank's stock valued at $7,922,000 after purchasing an additional 443,092 shares during the last quarter. Finally, Beck Bode LLC acquired a new stake in Banco Bilbao Viscaya Argentaria during the second quarter valued at $1,342,000. 2.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. 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. Weiss Ratings reaffirmed a "buy (b+)" rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, December 29th. Wall Street Zen raised Banco Bilbao Viscaya Argentaria from a "hold" rating to a "buy" rating in a research note on Saturday, February 21st. Finally, Zacks Research upgraded Banco Bilbao Viscaya Argentaria from a "hold" rating to a "strong-buy" rating in a report on Wednesday, January 21st. One investment 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 company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy".

Banco Bilbao Viscaya Argentaria Price Performance

Banco Bilbao Viscaya Argentaria stock opened at $21.34 on Monday. The company has a market capitalization of $122.99 billion, a price-to-earnings ratio of 10.83, a PEG ratio of 0.56 and a beta of 0.80. Banco Bilbao Viscaya Argentaria S.A. has a one year low of $11.59 and a one year high of $26.20. The company's fifty day moving average price is $23.87 and its two-hundred day moving average price is $21.48.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last posted its earnings results on Thursday, February 5th. The bank reported $0.50 earnings per share for the quarter, meeting the consensus estimate of $0.50. The company had revenue of $11.49 billion for the quarter, compared to analyst estimates of $10.74 billion. Banco Bilbao Viscaya Argentaria had a return on equity of 17.29% and a net margin of 28.43%. As a group, sell-side analysts anticipate 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 disclosed a dividend, which will be paid on Monday, April 27th. Investors 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 of this dividend is Thursday, April 9th. Banco Bilbao Viscaya Argentaria's dividend payout ratio (DPR) is presently 30.46%.

Banco Bilbao Viscaya Argentaria 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.

Want to see what other hedge funds are holding BBVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.