Park Avenue Securities LLC Trims Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Park Avenue Securities LLC reduced its position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 7.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 222,741 shares of the bank's stock after selling 18,931 shares during the quarter. Park Avenue Securities LLC's holdings in Banco Bilbao Vizcaya Argentaria were worth $3,034,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Huntington National Bank raised its stake in Banco Bilbao Vizcaya Argentaria by 96.7% in the fourth quarter. Huntington National Bank now owns 3,616 shares of the bank's stock worth $35,000 after buying an additional 1,778 shares in the last quarter. Avion Wealth purchased a new position in shares of Banco Bilbao Vizcaya Argentaria during the 4th quarter worth approximately $39,000. Sierra Ocean LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter worth approximately $49,000. IFP Advisors Inc lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 20.7% in the 4th quarter. IFP Advisors Inc now owns 5,420 shares of the bank's stock valued at $53,000 after purchasing an additional 930 shares during the period. Finally, Quinn Opportunity Partners LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at approximately $97,000. Hedge funds and other institutional investors own 2.96% of the company's stock.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of BBVA traded down $0.41 on Friday, reaching $14.91. The company's stock had a trading volume of 497,573 shares, compared to its average volume of 1,840,979. The stock's 50 day simple moving average is $14.30 and its two-hundred day simple moving average is $12.58. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 0.27. The stock has a market capitalization of $87.01 billion, a P/E ratio of 8.24, a PEG ratio of 0.80 and a beta of 1.08. Banco Bilbao Vizcaya Argentaria, S.A. has a 12-month low of $9.23 and a 12-month high of $15.66.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The bank reported $0.47 EPS for the quarter, hitting the consensus estimate of $0.47. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. The firm had revenue of $10.61 billion for the quarter, compared to the consensus estimate of $9.12 billion. Research analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company 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%. This is a boost from Banco Bilbao Vizcaya Argentaria's previous semi-annual dividend of $0.11. The ex-dividend date of this dividend was Wednesday, April 9th. Banco Bilbao Vizcaya Argentaria's dividend payout ratio is 39.15%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on BBVA. Wall Street Zen downgraded shares of Banco Bilbao Vizcaya Argentaria from a "buy" rating to a "hold" rating in a research note on Friday, May 30th. Kepler Capital Markets raised Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a research report on Thursday, February 27th. Two investment analysts have rated the stock with a hold rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Buy".

Banco Bilbao Vizcaya Argentaria 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.