OLD Mission Capital LLC Makes New Investment in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

OLD Mission Capital LLC purchased a new position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 200,619 shares of the bank's stock, valued at approximately $1,950,000.

A number of other hedge funds have also bought and sold shares of BBVA. HighPoint Advisor Group LLC raised its stake in Banco Bilbao Vizcaya Argentaria by 4.3% during the fourth quarter. HighPoint Advisor Group LLC now owns 20,975 shares of the bank's stock worth $204,000 after acquiring an additional 862 shares during the period. IFP Advisors Inc raised its position in shares of Banco Bilbao Vizcaya Argentaria by 20.7% during the 4th quarter. IFP Advisors Inc now owns 5,420 shares of the bank's stock worth $53,000 after purchasing an additional 930 shares during the period. Seven Mile Advisory lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 4.7% in the 4th quarter. Seven Mile Advisory now owns 20,999 shares of the bank's stock worth $204,000 after purchasing an additional 950 shares during the last quarter. AdvisorNet Financial Inc boosted its position in Banco Bilbao Vizcaya Argentaria by 5.5% during the 4th quarter. AdvisorNet Financial Inc now owns 21,044 shares of the bank's stock valued at $205,000 after purchasing an additional 1,100 shares during the period. Finally, Chickasaw Capital Management LLC grew its stake in Banco Bilbao Vizcaya Argentaria by 2.6% during the 4th quarter. Chickasaw Capital Management LLC now owns 43,769 shares of the bank's stock worth $425,000 after buying an additional 1,115 shares during the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Kepler Capital Markets raised shares of Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a report on Thursday, February 27th. StockNews.com lowered shares of Banco Bilbao Vizcaya Argentaria from a "buy" rating to a "hold" rating in a research note on Friday, March 28th. Finally, 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. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria currently has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Price Performance

Banco Bilbao Vizcaya Argentaria stock traded down $0.40 during trading hours on Monday, hitting $11.82. 2,589,144 shares of the company traded hands, compared to its average volume of 1,837,739. The firm's 50-day simple moving average is $13.10 and its two-hundred day simple moving average is $11.14. The firm has a market cap of $69.01 billion, a P/E ratio of 6.51, a P/E/G ratio of 0.80 and a beta of 1.00. Banco Bilbao Vizcaya Argentaria, S.A. has a 1-year low of $9.23 and a 1-year high of $14.84. 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 (NYSE:BBVA - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 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 forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share 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 of this dividend is Wednesday, April 9th. This represents a yield of 4.3%. This is a boost from Banco Bilbao Vizcaya Argentaria's previous semi-annual dividend of $0.11. Banco Bilbao Vizcaya Argentaria's dividend payout ratio (DPR) is currently 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.