Tudor Investment Corp ET AL Acquires Shares of 84,767 Banco Bilbao Viscaya Argentaria S.A. $BBVA

Tudor Investment Corp ET AL bought a new position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 84,767 shares of the bank’s stock, valued at approximately $1,632,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Savvy Advisors Inc. raised its position in shares of Banco Bilbao Viscaya Argentaria by 3.9% in the third quarter. Savvy Advisors Inc. now owns 14,644 shares of the bank’s stock valued at $282,000 after purchasing an additional 544 shares during the period. Baron Wealth Management LLC grew its stake in Banco Bilbao Viscaya Argentaria by 2.5% in the 3rd quarter. Baron Wealth Management LLC now owns 23,039 shares of the bank’s stock valued at $443,000 after buying an additional 553 shares in the last quarter. Savant Capital LLC grew its stake in Banco Bilbao Viscaya Argentaria by 0.7% in the 3rd quarter. Savant Capital LLC now owns 80,109 shares of the bank’s stock valued at $1,542,000 after buying an additional 556 shares in the last quarter. Peapack Gladstone Financial Corp raised its holdings in Banco Bilbao Viscaya Argentaria by 4.1% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 14,304 shares of the bank’s stock valued at $220,000 after acquiring an additional 563 shares during the period. Finally, Leavell Investment Management Inc. lifted its position in shares of Banco Bilbao Viscaya Argentaria by 1.1% during the third quarter. Leavell Investment Management Inc. now owns 57,005 shares of the bank’s stock worth $1,097,000 after acquiring an additional 605 shares in the last quarter. Institutional investors own 2.96% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on BBVA. Wall Street Zen raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Royal Bank Of Canada cut Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a report on Wednesday, January 28th. Zacks Research downgraded Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 10th. Finally, Weiss Ratings raised Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (a-)” rating in a report on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Price Performance

NYSE BBVA opened at $20.43 on Monday. The company’s 50 day simple moving average is $23.06 and its two-hundred day simple moving average is $21.76. Banco Bilbao Viscaya Argentaria S.A. has a 1 year low of $11.59 and a 1 year high of $26.20. The stock has a market capitalization of $117.72 billion, a PE ratio of 10.37, a P/E/G ratio of 0.54 and a beta of 0.80.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last released its quarterly earnings results on Thursday, February 5th. The bank reported $0.50 earnings per share for the quarter, hitting the consensus estimate of $0.50. Banco Bilbao Viscaya Argentaria had a net margin of 28.43% and a return on equity of 17.29%. The firm had revenue of $11.49 billion for the quarter, compared to analysts’ expectations of $10.74 billion. On average, research analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, April 27th. Shareholders of record on Thursday, April 9th will be paid a $0.7084 dividend. This represents a yield of 678.0%. The ex-dividend date is Thursday, April 9th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio is currently 57.87%.

Banco Bilbao Viscaya Argentaria Profile

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) is a Spanish multinational financial services group headquartered in Bilbao, Spain. The bank traces its roots to several historic regional banks and was formed through a series of mergers that consolidated its position as one of Spain’s largest banking groups. BBVA operates as a universal bank offering a broad range of financial services to retail, corporate and institutional clients.

BBVA’s core businesses include retail and commercial banking, corporate and investment banking, private banking and wealth management, asset management, and insurance.