Capital Wealth Planning LLC Has $9.22 Million Stock Position in Banco Bilbao Viscaya Argentaria S.A. $BBVA

Capital Wealth Planning LLC lowered its stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 5.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 479,089 shares of the bank’s stock after selling 26,331 shares during the quarter. Capital Wealth Planning LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $9,222,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of BBVA. Dynasty Wealth Management LLC acquired a new stake in shares of Banco Bilbao Viscaya Argentaria during the third quarter valued at approximately $876,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Banco Bilbao Viscaya Argentaria in the 3rd quarter worth approximately $2,478,000. JPMorgan Chase & Co. boosted its stake in Banco Bilbao Viscaya Argentaria by 6.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,846,150 shares of the bank’s stock worth $93,288,000 after purchasing an additional 297,752 shares during the period. Osaic Holdings Inc. grew its position in Banco Bilbao Viscaya Argentaria by 612.4% during the 2nd quarter. Osaic Holdings Inc. now owns 515,444 shares of the bank’s stock worth $7,922,000 after purchasing an additional 443,092 shares in the last quarter. Finally, Caprock Group LLC acquired a new stake in Banco Bilbao Viscaya Argentaria during the 3rd quarter valued at $3,114,000. Institutional investors and hedge funds own 2.96% of the company’s stock.

Wall Street Analysts Forecast Growth

BBVA has been the subject of a number of research analyst reports. Royal Bank Of Canada lowered Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a report on Wednesday, January 28th. Wall Street Zen raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Zacks Research downgraded Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Banco Bilbao Viscaya Argentaria Stock Down 1.8%

BBVA stock opened at $20.44 on Friday. The company has a 50 day moving average of $23.66 and a two-hundred day moving average of $21.52. The company has a market cap of $117.77 billion, a price-to-earnings ratio of 10.37, a PEG ratio of 0.55 and a beta of 0.80. Banco Bilbao Viscaya Argentaria S.A. has a 12-month low of $11.59 and a 12-month high of $26.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its quarterly earnings results on Thursday, February 5th. The bank reported $0.50 EPS for the quarter, meeting the consensus estimate of $0.50. Banco Bilbao Viscaya Argentaria had a net margin of 28.43% and a return on equity of 17.29%. The business had revenue of $11.49 billion for the quarter, compared to analysts’ expectations of $10.74 billion. On average, research analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current year.

Banco Bilbao Viscaya Argentaria Dividend Announcement

The company also recently announced a dividend, which will be paid on Monday, April 27th. Shareholders of record on Thursday, April 9th will be paid a $0.7084 dividend. The ex-dividend date is Thursday, April 9th. This represents a yield of 678.0%. Banco Bilbao Viscaya Argentaria’s payout ratio is 30.46%.

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.