Echo45 Advisors LLC Lowers Stock Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Echo45 Advisors LLC trimmed its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 11.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,556 shares of the bank’s stock after selling 1,632 shares during the period. Echo45 Advisors LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $114,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. boosted its position in Banco Bilbao Vizcaya Argentaria by 124.8% during the 1st quarter. Brown Brothers Harriman & Co. now owns 6,859 shares of the bank’s stock worth $39,000 after purchasing an additional 3,808 shares during the period. Tower Research Capital LLC TRC boosted its position in Banco Bilbao Vizcaya Argentaria by 120.9% in the 3rd quarter. Tower Research Capital LLC TRC now owns 11,037 shares of the bank’s stock valued at $49,000 after buying an additional 6,040 shares during the last quarter. Paradigm Asset Management Co. LLC boosted its position in Banco Bilbao Vizcaya Argentaria by 66.7% in the 3rd quarter. Paradigm Asset Management Co. LLC now owns 7,000 shares of the bank’s stock valued at $56,000 after buying an additional 2,800 shares during the last quarter. Savant Capital LLC purchased a new position in Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at about $58,000. Finally, Gamco Investors INC. ET AL purchased a new position in Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at about $68,000. 2.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Barclays cut shares of Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a research report on Monday, March 25th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Banco Bilbao Vizcaya Argentaria has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Up 1.3 %

Shares of Banco Bilbao Vizcaya Argentaria stock traded up $0.14 during trading on Thursday, reaching $10.97. The company had a trading volume of 1,618,806 shares, compared to its average volume of 1,387,069. The company has a market cap of $65.44 billion, a price-to-earnings ratio of 7.90, a price-to-earnings-growth ratio of 0.53 and a beta of 1.33. The firm’s fifty day moving average is $10.82 and its 200-day moving average is $9.48. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.03 and a current ratio of 1.03. Banco Bilbao Vizcaya Argentaria, S.A. has a fifty-two week low of $6.47 and a fifty-two week high of $12.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its earnings results on Monday, January 29th. The bank reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.02. The business had revenue of $8.01 billion for the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 27.15% and a return on equity of 14.85%. On average, analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.54 EPS for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Thursday, April 25th. Investors of record on Tuesday, April 9th will be paid a dividend of $0.1695 per share. This is a positive change from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.17. The ex-dividend date is Monday, April 8th. This represents a yield of 4.3%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is 49.64%.

About Banco Bilbao Vizcaya Argentaria

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.