Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) is Altrius Capital Management Inc’s 4th Largest Position

Altrius Capital Management Inc lowered its position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 11.8% 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 680,861 shares of the bank’s stock after selling 91,120 shares during the period. Banco Bilbao Viscaya Argentaria accounts for about 2.3% of Altrius Capital Management Inc’s holdings, making the stock its 4th biggest position. Altrius Capital Management Inc’s holdings in Banco Bilbao Viscaya Argentaria were worth $9,273,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. HighPoint Advisor Group LLC grew its stake in Banco Bilbao Viscaya Argentaria by 4.3% in the 4th quarter. HighPoint Advisor Group LLC now owns 20,975 shares of the bank’s stock worth $204,000 after buying an additional 862 shares in the last quarter. IFP Advisors Inc grew its stake in Banco Bilbao Viscaya Argentaria by 20.7% in the 4th quarter. IFP Advisors Inc now owns 5,420 shares of the bank’s stock worth $53,000 after buying an additional 930 shares in the last quarter. Seven Mile Advisory grew its stake in Banco Bilbao Viscaya Argentaria by 4.7% in the 4th quarter. Seven Mile Advisory now owns 20,999 shares of the bank’s stock worth $204,000 after buying an additional 950 shares in the last quarter. First Affirmative Financial Network grew its stake in Banco Bilbao Viscaya Argentaria by 6.2% in the 1st quarter. First Affirmative Financial Network now owns 16,881 shares of the bank’s stock worth $230,000 after buying an additional 979 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in Banco Bilbao Viscaya Argentaria by 3.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,767 shares of the bank’s stock worth $474,000 after buying an additional 1,222 shares in the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of Banco Bilbao Viscaya Argentaria stock opened at $14.91 on Friday. Banco Bilbao Viscaya Argentaria S.A. has a 52-week low of $9.23 and a 52-week high of $15.67. The stock has a market capitalization of $87.01 billion, a price-to-earnings ratio of 7.89, a price-to-earnings-growth ratio of 1.55 and a beta of 1.08. The company has a fifty day moving average of $14.62 and a 200-day moving average of $12.83.

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

Banco Bilbao Viscaya Argentaria Increases Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Kepler Capital Markets raised shares of Banco Bilbao Viscaya Argentaria from a “reduce” rating to a “hold” rating in a research note on Thursday, February 27th. Wall Street Zen cut shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Friday, May 30th. Two investment analysts have rated the stock with a hold rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Banco Bilbao Viscaya Argentaria presently has a consensus rating of “Buy”.

Banco Bilbao Viscaya Argentaria 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.