Arrowstreet Capital Limited Partnership lowered its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 8.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,842,841 shares of the bank's stock after selling 651,032 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.12% of Banco Bilbao Vizcaya Argentaria worth $66,512,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. Raymond James Financial Inc. bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at about $7,333,000. FMR LLC lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 5.7% in the 3rd quarter. FMR LLC now owns 6,370,344 shares of the bank's stock valued at $69,055,000 after purchasing an additional 344,355 shares during the last quarter. Norges Bank purchased a new position in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter worth approximately $3,208,000. Summit Global Investments increased its position in shares of Banco Bilbao Vizcaya Argentaria by 105.5% during the 4th quarter. Summit Global Investments now owns 539,796 shares of the bank's stock valued at $5,247,000 after purchasing an additional 277,164 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in Banco Bilbao Vizcaya Argentaria by 189.4% during the 4th quarter. LPL Financial LLC now owns 397,979 shares of the bank's stock valued at $3,868,000 after buying an additional 260,472 shares during the period. 2.96% of the stock is owned by hedge funds and other institutional investors.
Banco Bilbao Vizcaya Argentaria Trading Down 10.5 %
BBVA stock traded down $1.44 during midday trading on Friday, reaching $12.23. The company's stock had a trading volume of 3,421,293 shares, compared to its average volume of 1,834,498. Banco Bilbao Vizcaya Argentaria, S.A. has a 1 year low of $9.23 and a 1 year high of $14.84. The firm has a market capitalization of $71.37 billion, a price-to-earnings ratio of 6.75, a PEG ratio of 0.80 and a beta of 1.00. The stock has a fifty day simple moving average of $13.10 and a two-hundred day simple moving average of $11.14. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01.
Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last issued its earnings results on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, topping analysts' consensus estimates 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%. On average, equities research analysts predict that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current 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 given a dividend of $0.4439 per share. This is an increase from Banco Bilbao Vizcaya Argentaria's previous semi-annual dividend of $0.11. The ex-dividend date of this dividend is Wednesday, April 9th. This represents a dividend yield of 4.3%. Banco Bilbao Vizcaya Argentaria's dividend payout ratio is presently 39.23%.
Wall Street Analyst Weigh In
A number of research analysts have 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 report on Friday, January 31st. Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a report on Thursday, February 27th. Finally, StockNews.com downgraded shares of Banco Bilbao Vizcaya Argentaria from a "buy" rating to a "hold" rating in a research note on Friday, March 28th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy".
Read Our Latest Research Report on Banco Bilbao Vizcaya Argentaria
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.
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