GSA Capital Partners LLP Purchases New Stake in Banco Bilbao Viscaya Argentaria S.A. $BBVA

GSA Capital Partners LLP purchased a new stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 93,359 shares of the bank’s stock, valued at approximately $2,176,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Envestnet Portfolio Solutions Inc. grew its position in Banco Bilbao Viscaya Argentaria by 6.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 34,614 shares of the bank’s stock valued at $807,000 after buying an additional 2,047 shares during the period. Gabelli Funds LLC grew its position in Banco Bilbao Viscaya Argentaria by 5.5% during the fourth quarter. Gabelli Funds LLC now owns 13,220 shares of the bank’s stock valued at $308,000 after buying an additional 690 shares during the period. Abacus Wealth Partners LLC bought a new position in Banco Bilbao Viscaya Argentaria during the fourth quarter valued at about $326,000. May Hill Capital LLC bought a new position in Banco Bilbao Viscaya Argentaria during the fourth quarter valued at about $254,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in Banco Bilbao Viscaya Argentaria by 35.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 117,013 shares of the bank’s stock valued at $2,728,000 after buying an additional 30,836 shares during the period. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Trading Up 0.8%

BBVA stock opened at $22.07 on Tuesday. The firm has a 50 day moving average of $21.87 and a 200-day moving average of $22.50. Banco Bilbao Viscaya Argentaria S.A. has a 12 month low of $14.63 and a 12 month high of $26.20. The firm has a market capitalization of $125.97 billion, a P/E ratio of 10.51, a price-to-earnings-growth ratio of 0.57 and a beta of 0.81.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Tuesday, March 31st. The bank reported $0.59 EPS for the quarter. Banco Bilbao Viscaya Argentaria had a net margin of 28.21% and a return on equity of 17.65%. The company had revenue of $12.33 billion during the quarter. Sell-side analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 2.26 EPS for the current year.

Banco Bilbao Viscaya Argentaria Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, April 27th. Investors of record on Thursday, April 9th were given a $0.7084 dividend. This represents a dividend yield of 626.0%. The ex-dividend date was Thursday, April 9th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio is 54.29%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on BBVA shares. Zacks Research downgraded shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Wall Street Zen downgraded shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Barclays downgraded shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Royal Bank Of Canada downgraded shares of Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a report on Wednesday, January 28th. Finally, Weiss Ratings downgraded shares of Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th. One analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

About Banco Bilbao Viscaya Argentaria

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.