Franklin Resources Inc. Reduces Stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

featured-image

Franklin Resources Inc. lowered its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA – Free Report) by 2.8% in the 4th quarter, HoldingsChannel reports. The firm owned 146,003 shares of the bank’s stock after selling 4,245 shares during the quarter. Franklin Resources Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $1,419,000 as [...]

Franklin Resources Inc. lowered its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A.

( NYSE:BBVA – Free Report ) by 2.8% in the 4th quarter, HoldingsChannel reports. The firm owned 146,003 shares of the bank’s stock after selling 4,245 shares during the quarter.



Franklin Resources Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $1,419,000 as of its most recent filing with the Securities & Exchange Commission. A number of other hedge funds also recently modified their holdings of the stock.

Stifel Financial Corp increased its position in Banco Bilbao Vizcaya Argentaria by 10.0% in the third quarter. Stifel Financial Corp now owns 348,248 shares of the bank’s stock worth $3,775,000 after buying an additional 31,600 shares during the last quarter.

MML Investors Services LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 52.4% during the 3rd quarter. MML Investors Services LLC now owns 233,503 shares of the bank’s stock worth $2,531,000 after acquiring an additional 80,267 shares during the period.

Public Employees Retirement System of Ohio purchased a new stake in Banco Bilbao Vizcaya Argentaria in the 3rd quarter worth about $639,000. Barclays PLC bought a new stake in Banco Bilbao Vizcaya Argentaria in the 3rd quarter valued at about $41,000. Finally, M&T Bank Corp lifted its holdings in Banco Bilbao Vizcaya Argentaria by 16.

6% during the third quarter. M&T Bank Corp now owns 29,366 shares of the bank’s stock valued at $318,000 after purchasing an additional 4,190 shares during the last quarter. Institutional investors own 2.

96% of the company’s stock. Analyst Ratings Changes Several equities analysts have recently weighed in on BBVA shares. Hsbc Global Res upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st.

StockNews.com raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Wednesday, April 9th. Finally, Kepler Capital Markets raised shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a report on Thursday, February 27th.

One research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Up 1.7 % Shares of NYSE BBVA opened at $13.25 on Tuesday.

The business has a 50-day simple moving average of $13.27 and a two-hundred day simple moving average of $11.23.

Banco Bilbao Vizcaya Argentaria, S.A. has a 52 week low of $9.

23 and a 52 week high of $14.84. The company has a market cap of $77.

35 billion, a P/E ratio of 7.32, a P/E/G ratio of 0.80 and a beta of 1.

00. The company has a quick ratio of 0.27, a current ratio of 1.

01 and a debt-to-equity ratio of 1.16. Banco Bilbao Vizcaya Argentaria ( NYSE:BBVA – Get Free Report ) last issued its quarterly earnings data on Tuesday, February 4th.

The bank reported $0.44 EPS for the quarter, beating the consensus estimate of $0.40 by $0.

04. Banco Bilbao Vizcaya Argentaria had a net margin of 28.10% and a return on equity of 17.

49%. Research 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 company also recently declared a semi-annual dividend, which will be paid on Friday, April 25th.

Stockholders of record on Wednesday, April 9th will be issued a $0.4439 dividend. The ex-dividend date of this dividend is Wednesday, April 9th.

This represents a dividend yield of 4.3%. This is a boost from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.

11. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is presently 39.23%.

Banco Bilbao Vizcaya Argentaria Profile ( Free Report ) 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. Recommended Stories Want to see what other hedge funds are holding BBVA? Visit HoldingsChannel.

com to get the latest 13F filings and insider trades for Banco Bilbao Vizcaya Argentaria, S.A. ( NYSE:BBVA – Free Report ).

Receive News & Ratings for Banco Bilbao Vizcaya Argentaria Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Bilbao Vizcaya Argentaria and related companies with MarketBeat.com's FREE daily email newsletter ..