Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Shares Purchased by Summitry LLC

Summitry LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 22.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 30,288 shares of the bank’s stock after purchasing an additional 5,628 shares during the quarter. Summitry LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $294,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Brooklyn Investment Group grew its stake in Banco Bilbao Vizcaya Argentaria by 120.7% in the fourth quarter. Brooklyn Investment Group now owns 3,540 shares of the bank’s stock worth $34,000 after purchasing an additional 1,936 shares in the last quarter. Avion Wealth acquired a new position in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter worth approximately $39,000. Barclays PLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria in the 3rd quarter worth approximately $41,000. Sierra Ocean LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at approximately $49,000. Finally, 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 valued at $53,000 after acquiring an additional 930 shares in the last quarter. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of BBVA opened at $14.49 on Wednesday. The firm has a fifty day moving average of $12.66 and a 200-day moving average of $10.95. The company has a market cap of $84.59 billion, a price-to-earnings ratio of 8.01, a price-to-earnings-growth ratio of 0.80 and a beta of 1.26. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01. Banco Bilbao Vizcaya Argentaria, S.A. has a 1 year low of $9.23 and a 1 year high of $14.84.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its earnings results on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, topping the consensus estimate 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, equities analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, April 25th. Shareholders 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 is an increase from Banco Bilbao Vizcaya Argentaria’s previous dividend of $0.11. Banco Bilbao Vizcaya Argentaria’s payout ratio is presently 28.18%.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Hsbc Global Res upgraded shares of 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 report on Thursday, February 27th. Finally, StockNews.com cut shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday, March 15th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

About Banco Bilbao Vizcaya Argentaria

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.