Norges Bank Makes New $3.21 Million Investment in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Norges Bank bought a new position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 330,000 shares of the bank's stock, valued at approximately $3,208,000.

A number of other institutional investors have also added to or reduced their stakes in BBVA. GAMMA Investing LLC grew its position in shares of Banco Bilbao Vizcaya Argentaria by 19.7% in the 4th quarter. GAMMA Investing LLC now owns 10,866 shares of the bank's stock worth $106,000 after buying an additional 1,792 shares during the last quarter. American Century Companies Inc. increased its position in Banco Bilbao Vizcaya Argentaria by 7.5% during the 4th quarter. American Century Companies Inc. now owns 2,226,849 shares of the bank's stock valued at $21,645,000 after buying an additional 156,006 shares in the last quarter. Savant Capital LLC raised its stake in Banco Bilbao Vizcaya Argentaria by 10.0% in the fourth quarter. Savant Capital LLC now owns 47,217 shares of the bank's stock valued at $459,000 after buying an additional 4,302 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Banco Bilbao Vizcaya Argentaria by 21.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 377,530 shares of the bank's stock worth $4,092,000 after acquiring an additional 65,852 shares in the last quarter. Finally, HB Wealth Management LLC purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter worth about $124,000. Hedge funds and other institutional investors own 2.96% of the company's stock.

Banco Bilbao Vizcaya Argentaria Stock Performance

NYSE BBVA traded up $0.14 on Tuesday, hitting $13.39. 1,552,949 shares of the company's stock traded hands, compared to its average volume of 2,737,837. The firm's 50-day moving average price is $13.27 and its two-hundred day moving average price is $11.23. The firm has a market capitalization of $78.17 billion, a PE ratio of 7.40, a P/E/G ratio of 0.80 and a beta of 1.00. The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16. 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 posted its 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%. As a group, analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently announced a semi-annual dividend, which will be paid on Friday, April 25th. Investors of record on Wednesday, April 9th will be issued a dividend of $0.4439 per share. This represents a yield of 4.3%. This is a positive change from Banco Bilbao Vizcaya Argentaria's previous semi-annual dividend of $0.11. The ex-dividend date is Wednesday, April 9th. Banco Bilbao Vizcaya Argentaria's dividend payout ratio (DPR) is 39.23%.

Wall Street Analyst Weigh In

BBVA has been the subject of a number of recent analyst reports. Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a research note on Thursday, February 27th. StockNews.com raised shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "buy" rating in a report on Wednesday, April 9th. Finally, Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 31st. One analyst has rated the stock with a sell rating, one has assigned a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy".

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.