Mercer Global Advisors Inc. ADV Has $3.50 Million Stock Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Mercer Global Advisors Inc. ADV boosted its position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVAGet Rating) by 43.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 582,128 shares of the bank’s stock after acquiring an additional 177,107 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Banco Bilbao Vizcaya Argentaria were worth $3,499,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ronald Blue Trust Inc. raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 217.2% in the fourth quarter. Ronald Blue Trust Inc. now owns 5,681 shares of the bank’s stock worth $26,000 after purchasing an additional 3,890 shares during the last quarter. Brown Brothers Harriman & Co. grew its holdings in Banco Bilbao Vizcaya Argentaria by 124.8% during the first quarter. Brown Brothers Harriman & Co. now owns 6,859 shares of the bank’s stock worth $39,000 after buying an additional 3,808 shares in the last quarter. CWM LLC grew its holdings in Banco Bilbao Vizcaya Argentaria by 29.6% during the fourth quarter. CWM LLC now owns 7,036 shares of the bank’s stock worth $42,000 after buying an additional 1,608 shares in the last quarter. Lindbrook Capital LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 53.4% in the 4th quarter. Lindbrook Capital LLC now owns 8,036 shares of the bank’s stock worth $48,000 after acquiring an additional 2,799 shares in the last quarter. Finally, Penserra Capital Management LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria during the third quarter valued at about $38,000. Institutional investors own 2.51% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Stock Performance

Banco Bilbao Vizcaya Argentaria stock opened at $7.14 on Monday. The firm’s fifty day moving average price is $7.13 and its 200-day moving average price is $6.64. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.02 and a current ratio of 1.02. The stock has a market cap of $45.60 billion, a P/E ratio of 6.43 and a beta of 1.25. Banco Bilbao Vizcaya Argentaria, S.A. has a fifty-two week low of $3.93 and a fifty-two week high of $7.93.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Thursday, April 20th. Investors of record on Tuesday, April 4th were paid a $0.3333 dividend. This represents a yield of 4%. The ex-dividend date of this dividend was Monday, April 3rd. This is a boost from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.12. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is currently 48.65%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on BBVA shares. Keefe, Bruyette & Woods upgraded shares of Banco Bilbao Vizcaya Argentaria from an “underperform” rating to a “market perform” rating in a research note on Friday, March 31st. HSBC upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Friday, April 28th. Societe Generale lowered shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Tuesday, January 24th. Finally, StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “strong-buy” rating in a research note on Monday, May 8th. Three research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $6.38.

Banco Bilbao Vizcaya Argentaria Profile

(Get Rating)

Banco Bilbao Vizcaya Argentaria SA engages in the traditional banking businesses of retail banking, asset management, private banking, and wholesale banking. It operates through the following segments: Spain, the United States, Mexico, Turkey, South America, and Rest of Eurasia. The Spain segment includes mainly the banking and insurance business that the group carries out in Spain.

Featured Articles

Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria (NYSE:BBVA)

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.