Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Shares Sold by Ramirez Asset Management Inc.

Ramirez Asset Management Inc. lowered its position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 10.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 174,563 shares of the bank's stock after selling 19,857 shares during the quarter. Ramirez Asset Management Inc.'s holdings in Banco Bilbao Vizcaya Argentaria were worth $1,697,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in BBVA. FMR LLC boosted its stake in Banco Bilbao Vizcaya Argentaria by 5.7% during the 3rd quarter. FMR LLC now owns 6,370,344 shares of the bank's stock worth $69,055,000 after purchasing an additional 344,355 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 7.5% in the fourth quarter. American Century Companies Inc. now owns 2,226,849 shares of the bank's stock worth $21,645,000 after buying an additional 156,006 shares in the last quarter. QRG Capital Management Inc. boosted its position in Banco Bilbao Vizcaya Argentaria by 4.0% during the fourth quarter. QRG Capital Management Inc. now owns 1,043,054 shares of the bank's stock worth $10,138,000 after acquiring an additional 40,352 shares during the last quarter. Altrius Capital Management Inc grew its stake in Banco Bilbao Vizcaya Argentaria by 1.6% during the 4th quarter. Altrius Capital Management Inc now owns 771,981 shares of the bank's stock valued at $7,504,000 after acquiring an additional 12,099 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at about $7,333,000. Hedge funds and other institutional investors own 2.96% of the company's stock.

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Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Kepler Capital Markets upgraded Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a research report on Thursday, February 27th. StockNews.com downgraded Banco Bilbao Vizcaya Argentaria from a "buy" rating to a "hold" rating in a research note on Friday. Finally, Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "strong-buy" rating in a report on Friday, January 31st. One investment 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. According to MarketBeat.com, Banco Bilbao Vizcaya Argentaria has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Trading Up 0.9 %

NYSE:BBVA traded up $0.13 on Tuesday, reaching $13.75. The company's stock had a trading volume of 856,603 shares, compared to its average volume of 1,811,272. The firm has a market cap of $80.24 billion, a price-to-earnings ratio of 7.59, a price-to-earnings-growth ratio of 0.80 and a beta of 1.26. The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16. Banco Bilbao Vizcaya Argentaria, S.A. has a 12-month low of $9.23 and a 12-month high of $14.84. The stock has a 50 day moving average price of $12.91 and a 200 day moving average price of $11.06.

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 (EPS) for the quarter, beating 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 analysts anticipate 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. Investors of record on Wednesday, April 9th will be paid a dividend of $0.4439 per share. 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 payout ratio is presently 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.