Rhumbline Advisers Cuts Position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA)

Rhumbline Advisers lowered its position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 15.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 94,647 shares of the bank's stock after selling 17,225 shares during the period. Rhumbline Advisers' holdings in Banco Bilbao Viscaya Argentaria were worth $1,289,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 1.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 11,481,085 shares of the bank's stock worth $111,596,000 after purchasing an additional 163,044 shares in the last quarter. Northern Trust Corp lifted its position in Banco Bilbao Viscaya Argentaria by 48.6% in the 4th quarter. Northern Trust Corp now owns 7,418,877 shares of the bank's stock worth $72,111,000 after buying an additional 2,424,880 shares during the last quarter. Bank of America Corp DE lifted its position in Banco Bilbao Viscaya Argentaria by 13.7% in the 4th quarter. Bank of America Corp DE now owns 5,108,410 shares of the bank's stock worth $49,654,000 after buying an additional 613,563 shares during the last quarter. Symmetry Investments LP bought a new stake in Banco Bilbao Viscaya Argentaria in the 4th quarter worth approximately $27,647,000. Finally, American Century Companies Inc. lifted its position in Banco Bilbao Viscaya Argentaria by 7.5% in the 4th quarter. American Century Companies Inc. now owns 2,226,849 shares of the bank's stock worth $21,645,000 after buying an additional 156,006 shares during the last quarter. Hedge funds and other institutional investors own 2.96% of the company's stock.

Analyst Upgrades and Downgrades

BBVA has been the subject of a number of recent research reports. Kepler Capital Markets upgraded Banco Bilbao Viscaya Argentaria from a "reduce" rating to a "hold" rating in a research report on Thursday, February 27th. Wall Street Zen downgraded Banco Bilbao Viscaya Argentaria from a "buy" rating to a "hold" rating in a research report on Friday, May 30th. Two equities research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company's stock. According to MarketBeat, Banco Bilbao Viscaya Argentaria presently has an average rating of "Buy".

Banco Bilbao Viscaya Argentaria Stock Down 1.1%

Shares of NYSE BBVA traded down $0.17 during trading on Friday, reaching $14.91. The company had a trading volume of 1,934,380 shares, compared to its average volume of 1,897,977. Banco Bilbao Viscaya Argentaria S.A. has a 12-month low of $9.23 and a 12-month high of $15.67. The stock has a market cap of $87.01 billion, a PE ratio of 7.89, a P/E/G ratio of 1.55 and a beta of 1.08. The business's 50-day moving average is $14.62 and its 200 day moving average is $12.83.

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

Banco Bilbao Viscaya Argentaria Increases Dividend

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

About Banco Bilbao Viscaya Argentaria

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.