Raymond James Financial Inc. bought a new position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 754,426 shares of the bank's stock, valued at approximately $7,333,000.
A number of other institutional investors also recently bought and sold shares of BBVA. Thrivent Financial for Lutherans acquired a new position in Banco Bilbao Vizcaya Argentaria in the third quarter valued at about $146,000. Charles Schwab Investment Management Inc. increased its holdings in Banco Bilbao Vizcaya Argentaria by 21.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 377,530 shares of the bank's stock valued at $4,092,000 after purchasing an additional 65,852 shares during the last quarter. Raymond James Trust N.A. purchased a new stake in Banco Bilbao Vizcaya Argentaria in the third quarter valued at approximately $136,000. Cerity Partners LLC lifted its stake in Banco Bilbao Vizcaya Argentaria by 37.3% during the third quarter. Cerity Partners LLC now owns 393,458 shares of the bank's stock worth $4,265,000 after purchasing an additional 106,869 shares in the last quarter. Finally, Bank of Montreal Can boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 6.8% during the third quarter. Bank of Montreal Can now owns 304,192 shares of the bank's stock worth $3,367,000 after buying an additional 19,314 shares during the period. 2.96% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
BBVA has been the topic of several research 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. StockNews.com cut shares of Banco Bilbao Vizcaya Argentaria from a "buy" rating to a "hold" rating in a report on Saturday, March 15th. Finally, 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. One 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 company's stock. According to MarketBeat, Banco Bilbao Vizcaya Argentaria currently has a consensus rating of "Moderate Buy".
View Our Latest Stock Analysis on Banco Bilbao Vizcaya Argentaria
Banco Bilbao Vizcaya Argentaria Stock Down 0.5 %
BBVA stock traded down $0.08 during mid-day trading on Thursday, reaching $14.15. The company had a trading volume of 1,652,612 shares, compared to its average volume of 2,692,727. Banco Bilbao Vizcaya Argentaria, S.A. has a fifty-two week low of $9.23 and a fifty-two week high of $14.84. The firm has a fifty day simple moving average of $12.73 and a 200 day simple moving average of $10.97. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01. The company has a market capitalization of $82.58 billion, a price-to-earnings ratio of 7.81, a price-to-earnings-growth ratio of 0.80 and a beta of 1.26.
Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last announced 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%. 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 firm also recently declared a semi-annual dividend, which will be paid on Friday, April 25th. Shareholders of record on Wednesday, April 9th will be paid a $0.4439 dividend. The ex-dividend date is Wednesday, April 9th. This is a boost from Banco Bilbao Vizcaya Argentaria's previous semi-annual dividend of $0.11. This represents a yield of 4.3%. Banco Bilbao Vizcaya Argentaria's dividend payout ratio (DPR) is currently 28.18%.
About Banco Bilbao Vizcaya Argentaria
(
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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