TD Private Client Wealth LLC Sells 1,362 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

TD Private Client Wealth LLC reduced its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 7.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,945 shares of the bank’s stock after selling 1,362 shares during the quarter. TD Private Client Wealth LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $174,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Thrivent Financial for Lutherans bought a new position in shares of Banco Bilbao Vizcaya Argentaria during the 3rd quarter valued at $146,000. Charles Schwab Investment Management Inc. grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 21.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 377,530 shares of the bank’s stock valued at $4,092,000 after purchasing an additional 65,852 shares during the period. Raymond James Trust N.A. purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 3rd quarter valued at about $136,000. Cerity Partners LLC lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 37.3% in the 3rd quarter. Cerity Partners LLC now owns 393,458 shares of the bank’s stock worth $4,265,000 after purchasing an additional 106,869 shares during the period. Finally, Bank of Montreal Can boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 6.8% in the third quarter. Bank of Montreal Can now owns 304,192 shares of the bank’s stock worth $3,367,000 after buying an additional 19,314 shares during the last quarter. 2.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on BBVA shares. StockNews.com downgraded shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, March 15th. Kepler Capital Markets raised Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a report on Thursday, February 27th. Finally, Hsbc Global Res raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Friday, January 31st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Banco Bilbao Vizcaya Argentaria currently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of NYSE BBVA opened at $14.49 on Wednesday. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 0.27. Banco Bilbao Vizcaya Argentaria, S.A. has a 1 year low of $9.23 and a 1 year high of $14.84. The firm has a fifty day moving average price of $12.66 and a 200-day moving average price of $10.95. The stock has a market cap of $84.59 billion, a PE ratio of 8.01, a price-to-earnings-growth ratio of 0.80 and a beta of 1.26.

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

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, April 25th. Shareholders of record on Wednesday, April 9th will be paid a $0.4439 dividend. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous dividend of $0.11. The ex-dividend date of this dividend is Wednesday, April 9th. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is presently 28.18%.

Banco Bilbao Vizcaya Argentaria Company 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.