First Trust Advisors LP Has $2.52 Million Position in Banco Bilbao Vizcaya Argentaria SA (BBVA)

First Trust Advisors LP trimmed its stake in shares of Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) by 10.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 475,413 shares of the bank’s stock after selling 57,827 shares during the quarter. First Trust Advisors LP’s holdings in Banco Bilbao Vizcaya Argentaria were worth $2,515,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in BBVA. Legacy Financial Advisors Inc. raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 123.9% during the 4th quarter. Legacy Financial Advisors Inc. now owns 8,658 shares of the bank’s stock valued at $46,000 after purchasing an additional 4,791 shares during the period. WealthTrust Arizona LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 28.1% during the 4th quarter. WealthTrust Arizona LLC now owns 9,220 shares of the bank’s stock valued at $49,000 after purchasing an additional 2,024 shares during the period. Janney Montgomery Scott LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 4th quarter valued at $60,000. Rhumbline Advisers bought a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 3rd quarter valued at $115,000. Finally, Reliance Trust Co. of Delaware raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 14.2% during the 4th quarter. Reliance Trust Co. of Delaware now owns 24,267 shares of the bank’s stock valued at $128,000 after purchasing an additional 3,010 shares during the period. Institutional investors own 2.67% of the company’s stock.

A number of equities analysts have weighed in on the company. ValuEngine lowered Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “strong sell” rating in a research note on Friday, March 1st. Zacks Investment Research upgraded Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “hold” rating in a research note on Tuesday, January 29th. Finally, HSBC lowered Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research note on Tuesday, January 15th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. Banco Bilbao Vizcaya Argentaria has a consensus rating of “Hold” and a consensus price target of $7.02.

Shares of NYSE BBVA opened at $6.08 on Friday. The stock has a market capitalization of $39.93 billion, a price-to-earnings ratio of 6.91, a price-to-earnings-growth ratio of 3.50 and a beta of 0.97. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.25 and a current ratio of 1.09. Banco Bilbao Vizcaya Argentaria SA has a twelve month low of $4.99 and a twelve month high of $8.18.

The firm also recently announced a semiannual dividend, which will be paid on Monday, April 29th. Shareholders of record on Tuesday, April 9th will be paid a $0.1821 dividend. The ex-dividend date of this dividend is Monday, April 8th. This represents a yield of 6.02%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is currently 21.59%.

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Banco Bilbao Vizcaya Argentaria Profile

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. The company accepts various deposits, such as current and savings accounts, fixed-term deposits, subordinated deposits, and other accounts. It also offers loan products; and foreclosed real-estate assets from residential mortgages and developers, as well as lending to developers.

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Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria (NYSE:BBVA)

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