SG Americas Securities LLC Sells 34,091 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

SG Americas Securities LLC lessened its position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 24.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 108,025 shares of the bank's stock after selling 34,091 shares during the period. SG Americas Securities LLC's holdings in Banco Bilbao Vizcaya Argentaria were worth $1,471,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Huntington National Bank lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 96.7% in the fourth quarter. Huntington National Bank now owns 3,616 shares of the bank's stock valued at $35,000 after buying an additional 1,778 shares during the period. Sierra Ocean LLC bought a new stake in Banco Bilbao Vizcaya Argentaria in the fourth quarter worth about $49,000. IFP Advisors Inc lifted its holdings in 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 acquiring an additional 930 shares during the last quarter. Quinn Opportunity Partners LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter worth approximately $97,000. Finally, Venturi Wealth Management LLC raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 901.1% in the 4th quarter. Venturi Wealth Management LLC now owns 10,061 shares of the bank's stock worth $98,000 after purchasing an additional 9,056 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors.

Banco Bilbao Vizcaya Argentaria Stock Up 3.3%

NYSE BBVA traded up $0.50 on Monday, reaching $15.58. The stock had a trading volume of 6,305,899 shares, compared to its average volume of 1,875,659. The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16. Banco Bilbao Vizcaya Argentaria, S.A. has a 1 year low of $9.23 and a 1 year high of $15.67. The business has a 50 day moving average price of $14.36 and a 200 day moving average price of $12.66. The company has a market capitalization of $90.97 billion, a price-to-earnings ratio of 8.61, a P/E/G ratio of 0.80 and a beta of 1.08.

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

Banco Bilbao Vizcaya Argentaria Increases Dividend

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

Analyst Ratings Changes

BBVA has been the subject of several analyst reports. Wall Street Zen downgraded Banco Bilbao Vizcaya Argentaria from a "buy" rating to a "hold" rating in a report on Friday, May 30th. Kepler Capital Markets raised shares of Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a research 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 company. According to MarketBeat, the stock presently has a consensus rating of "Buy".

Banco Bilbao Vizcaya 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.