Dorsey Wright & Associates Sells 80,855 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Dorsey Wright & Associates lowered its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 22.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 282,536 shares of the bank's stock after selling 80,855 shares during the period. Dorsey Wright & Associates' holdings in Banco Bilbao Vizcaya Argentaria were worth $2,746,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Brooklyn Investment Group lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 120.7% in the 4th quarter. Brooklyn Investment Group now owns 3,540 shares of the bank's stock worth $34,000 after acquiring an additional 1,936 shares during the last quarter. Barclays PLC bought a new stake in Banco Bilbao Vizcaya Argentaria in the third quarter worth $41,000. Avion Wealth bought a new position in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at about $39,000. Sierra Ocean LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at about $49,000. Finally, IFP Advisors Inc increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 20.7% in the fourth quarter. IFP Advisors Inc now owns 5,420 shares of the bank's stock worth $53,000 after buying an additional 930 shares during the period. Hedge funds and other institutional investors own 2.96% of the company's stock.

Banco Bilbao Vizcaya Argentaria Trading Down 0.1 %

Shares of BBVA traded down $0.01 during mid-day trading on Thursday, hitting $13.83. 1,530,847 shares of the company's stock traded hands, compared to its average volume of 1,820,089. The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $80.74 billion, a P/E ratio of 7.64, a PEG ratio of 0.80 and a beta of 1.00. The business's 50-day moving average price is $13.03 and its 200-day moving average price is $11.10. Banco Bilbao Vizcaya Argentaria, S.A. has a 1 year low of $9.23 and a 1 year high of $14.84.

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Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) 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 return on equity of 17.49% and a net margin of 28.10%. As a group, sell-side analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Friday, April 25th. Investors of record on Wednesday, April 9th will be paid a $0.4439 dividend. The ex-dividend date is Wednesday, April 9th. This represents a dividend yield of 4.3%. This is an increase 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%.

Wall Street Analysts Forecast Growth

BBVA has been the topic of a number of analyst reports. Hsbc Global Res raised 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 note 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 assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria 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.