Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp decreased its holdings in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 46.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 126,947 shares of the bank's stock after selling 108,955 shares during the period. Fifth Third Bancorp's holdings in Banco Bilbao Viscaya Argentaria were worth $1,729,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Dimensional Fund Advisors LP lifted its holdings in shares of Banco Bilbao Viscaya Argentaria by 1.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 11,481,085 shares of the bank's stock worth $111,596,000 after buying an additional 163,044 shares during the period. Northern Trust Corp raised its holdings in shares of Banco Bilbao Viscaya Argentaria by 48.6% in the fourth quarter. Northern Trust Corp now owns 7,418,877 shares of the bank's stock valued at $72,111,000 after acquiring an additional 2,424,880 shares in the last quarter. Bank of America Corp DE lifted its stake in Banco Bilbao Viscaya Argentaria by 13.7% in the fourth quarter. Bank of America Corp DE now owns 5,108,410 shares of the bank's stock worth $49,654,000 after acquiring an additional 613,563 shares during the period. Symmetry Investments LP purchased a new stake in Banco Bilbao Viscaya Argentaria in the fourth quarter worth about $27,647,000. Finally, American Century Companies Inc. grew its holdings in Banco Bilbao Viscaya Argentaria by 7.5% during the 4th quarter. American Century Companies Inc. now owns 2,226,849 shares of the bank's stock worth $21,645,000 after acquiring an additional 156,006 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors.

Banco Bilbao Viscaya Argentaria Stock Performance

BBVA stock traded down $0.69 during trading on Tuesday, reaching $14.86. 5,449,320 shares of the company traded hands, compared to its average volume of 1,889,897. The business has a 50 day simple moving average of $14.44 and a 200 day simple moving average of $12.70. Banco Bilbao Viscaya Argentaria S.A. has a 12 month low of $9.23 and a 12 month high of $15.67. The company has a market capitalization of $86.72 billion, a price-to-earnings ratio of 8.18, a price-to-earnings-growth ratio of 1.61 and a beta of 1.08.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The bank reported $0.47 earnings per share for the quarter, meeting analysts' consensus estimates of $0.47. The business had revenue of $10.61 billion for the quarter, compared to analysts' expectations of $9.12 billion. Banco Bilbao Viscaya Argentaria had a net margin of 28.85% and a return on equity of 17.97%. As a group, research analysts forecast that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current year.

Banco Bilbao Viscaya Argentaria Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Friday, April 25th. Stockholders of record on Wednesday, April 9th were issued a dividend of $0.4439 per share. This represents a dividend yield of 4.3%. The ex-dividend date was Wednesday, April 9th. This is a positive change from Banco Bilbao Viscaya Argentaria's previous semi-annual dividend of $0.11. Banco Bilbao Viscaya Argentaria's dividend payout ratio is currently 39.15%.

Analyst Upgrades and Downgrades

BBVA has been the subject of several recent research reports. Wall Street Zen lowered shares of Banco Bilbao Viscaya Argentaria from a "buy" rating to a "hold" rating in a report on Friday, May 30th. Kepler Capital Markets raised shares of Banco Bilbao Viscaya Argentaria from a "reduce" rating to a "hold" rating in a report on Thursday, February 27th. Two analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Banco Bilbao Viscaya Argentaria presently has a consensus rating of "Buy".

Banco Bilbao Viscaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA provides retail banking, wholesale banking, and asset management services in the United States, Spain, Mexico, Turkey, South America, and internationally. The company offers savings account, demand deposits, and time deposits; and loan products, such as residential mortgages, other households, credit card loans, loans to enterprises and public sector, as well as consumer finance.