Atlas Capital Advisors Inc. Sells 4,235 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Atlas Capital Advisors Inc. lessened its position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 6.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 58,259 shares of the bank’s stock after selling 4,235 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $566,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. HighPoint Advisor Group LLC raised its position in shares of Banco Bilbao Vizcaya Argentaria by 4.3% during the 4th quarter. HighPoint Advisor Group LLC now owns 20,975 shares of the bank’s stock valued at $204,000 after acquiring an additional 862 shares during the last quarter. IFP Advisors Inc increased its holdings in Banco Bilbao Vizcaya Argentaria by 20.7% in the fourth quarter. IFP Advisors Inc now owns 5,420 shares of the bank’s stock valued at $53,000 after purchasing an additional 930 shares during the last quarter. Seven Mile Advisory lifted its stake in Banco Bilbao Vizcaya Argentaria by 4.7% in the fourth quarter. Seven Mile Advisory now owns 20,999 shares of the bank’s stock valued at $204,000 after buying an additional 950 shares during the period. AdvisorNet Financial Inc boosted its holdings in Banco Bilbao Vizcaya Argentaria by 5.5% during the fourth quarter. AdvisorNet Financial Inc now owns 21,044 shares of the bank’s stock worth $205,000 after buying an additional 1,100 shares during the last quarter. Finally, Chickasaw Capital Management LLC grew its position in shares of Banco Bilbao Vizcaya Argentaria by 2.6% during the 4th quarter. Chickasaw Capital Management LLC now owns 43,769 shares of the bank’s stock worth $425,000 after buying an additional 1,115 shares during the period. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

BBVA has been the topic of several recent analyst reports. Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. Kepler Capital Markets raised shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research report on Thursday, February 27th. Finally, StockNews.com cut shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Friday, March 28th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of BBVA opened at $12.23 on Friday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01. The firm has a market capitalization of $71.37 billion, a PE ratio of 6.75, a P/E/G ratio of 0.80 and a beta of 1.00. The stock has a 50 day simple moving average of $13.10 and a 200 day simple moving average of $11.13. Banco Bilbao Vizcaya Argentaria, S.A. has a 52-week low of $9.23 and a 52-week high of $14.84.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share 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%. Sell-side analysts predict that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Friday, April 25th. Shareholders of record on Wednesday, April 9th will be issued a dividend of $0.4439 per share. This represents a yield of 4.3%. The ex-dividend date is Wednesday, April 9th. 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 39.23%.

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.