UBS Group AG Sells 63,831 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

UBS Group AG lowered its position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 8.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 693,413 shares of the bank’s stock after selling 63,831 shares during the quarter. UBS Group AG’s holdings in Banco Bilbao Viscaya Argentaria were worth $16,163,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in BBVA. Concurrent Investment Advisors LLC increased its stake in Banco Bilbao Viscaya Argentaria by 51.5% during the 4th quarter. Concurrent Investment Advisors LLC now owns 25,198 shares of the bank’s stock worth $587,000 after acquiring an additional 8,562 shares during the period. NBC Securities Inc. bought a new position in Banco Bilbao Viscaya Argentaria during the 4th quarter worth $35,000. HB Wealth Management LLC increased its stake in Banco Bilbao Viscaya Argentaria by 13.9% during the 4th quarter. HB Wealth Management LLC now owns 31,556 shares of the bank’s stock worth $736,000 after acquiring an additional 3,846 shares during the period. SageGuard Financial Group LLC bought a new position in Banco Bilbao Viscaya Argentaria during the 4th quarter worth $222,000. Finally, Evergreen Capital Management LLC increased its stake in Banco Bilbao Viscaya Argentaria by 1.9% during the 4th quarter. Evergreen Capital Management LLC now owns 80,621 shares of the bank’s stock worth $1,879,000 after acquiring an additional 1,486 shares during the period. Institutional investors own 2.96% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on BBVA shares. Weiss Ratings lowered Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Royal Bank Of Canada lowered Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 28th. Zacks Research lowered Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 10th. Barclays lowered Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. Finally, Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday. One research analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Banco Bilbao Viscaya Argentaria presently has a consensus rating of “Hold”.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of BBVA stock opened at $21.83 on Wednesday. The stock’s fifty day moving average price is $21.86 and its two-hundred day moving average price is $22.44. The company has a market cap of $124.63 billion, a PE ratio of 10.40, a P/E/G ratio of 0.57 and a beta of 0.81. Banco Bilbao Viscaya Argentaria S.A. has a fifty-two week low of $14.63 and a fifty-two week high of $26.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its earnings results on Tuesday, March 31st. The bank reported $0.59 earnings per share for the quarter. The firm had revenue of $12.33 billion for the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 17.65% and a net margin of 28.21%. On average, equities analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 2.26 EPS for the current fiscal year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, April 27th. Shareholders of record on Thursday, April 9th were issued a $0.7084 dividend. This represents a dividend yield of 626.0%. The ex-dividend date of this dividend was Thursday, April 9th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is currently 54.29%.

Banco Bilbao Viscaya Argentaria Company 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.