Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Position Cut by Sei Investments Co.

Sei Investments Co. lowered its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 0.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 290,790 shares of the bank’s stock after selling 1,796 shares during the period. Sei Investments Co.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $2,826,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in BBVA. Brooklyn Investment Group lifted its holdings in Banco Bilbao Vizcaya Argentaria by 120.7% in the fourth quarter. Brooklyn Investment Group now owns 3,540 shares of the bank’s stock worth $34,000 after purchasing an additional 1,936 shares during the period. Barclays PLC bought a new stake in Banco Bilbao Vizcaya Argentaria during the third quarter worth approximately $41,000. Avion Wealth acquired a new stake in Banco Bilbao Vizcaya Argentaria in the fourth quarter worth approximately $39,000. Sierra Ocean LLC bought a new position in Banco Bilbao Vizcaya Argentaria during the 4th quarter valued at $49,000. Finally, IFP Advisors Inc increased its position in shares of Banco Bilbao Vizcaya Argentaria by 20.7% during 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. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Trading Down 10.5 %

Shares of NYSE BBVA opened at $12.23 on Friday. The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16. Banco Bilbao Vizcaya Argentaria, S.A. has a 12 month low of $9.23 and a 12 month high of $14.84. The company has a market cap of $71.37 billion, a price-to-earnings ratio of 6.75, a P/E/G ratio of 0.80 and a beta of 1.00. The business has a fifty day simple moving average of $13.10 and a 200-day simple moving average of $11.13.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a net margin of 28.10% and a return on equity of 17.49%. Sell-side analysts predict that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Friday, April 25th. Investors of record on Wednesday, April 9th will be issued a dividend of $0.4439 per share. This is a boost from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.11. This represents a dividend yield of 4.3%. The ex-dividend date of this dividend is Wednesday, April 9th. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is currently 39.23%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on BBVA. Hsbc Global Res raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research report on Thursday, February 27th. Finally, StockNews.com lowered shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research note on Friday, March 28th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

About Banco Bilbao Vizcaya 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.