Lindbrook Capital LLC Acquires 3,062 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Lindbrook Capital LLC raised its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 34.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 11,886 shares of the bank’s stock after acquiring an additional 3,062 shares during the period. Lindbrook Capital LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $108,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in BBVA. Wellington Management Group LLP grew its holdings in Banco Bilbao Vizcaya Argentaria by 2.0% during the third quarter. Wellington Management Group LLP now owns 6,312,586 shares of the bank’s stock valued at $50,816,000 after purchasing an additional 122,652 shares during the period. O Shaughnessy Asset Management LLC boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 25.8% in the third quarter. O Shaughnessy Asset Management LLC now owns 1,293,271 shares of the bank’s stock valued at $10,411,000 after buying an additional 265,431 shares during the period. FMR LLC increased its position in shares of Banco Bilbao Vizcaya Argentaria by 1.7% during the third quarter. FMR LLC now owns 5,763,182 shares of the bank’s stock worth $46,394,000 after acquiring an additional 95,671 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 3.1% during the third quarter. Mercer Global Advisors Inc. ADV now owns 743,200 shares of the bank’s stock worth $5,983,000 after acquiring an additional 22,426 shares during the period. Finally, Citigroup Inc. increased its holdings in Banco Bilbao Vizcaya Argentaria by 7.4% during the 3rd quarter. Citigroup Inc. now owns 151,163 shares of the bank’s stock worth $1,217,000 after purchasing an additional 10,437 shares in the last quarter. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of BBVA opened at $11.26 on Thursday. The firm has a fifty day simple moving average of $10.94 and a 200 day simple moving average of $9.59. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.24. Banco Bilbao Vizcaya Argentaria, S.A. has a 12 month low of $6.47 and a 12 month high of $12.20. The stock has a market capitalization of $67.17 billion, a price-to-earnings ratio of 8.10, a PEG ratio of 0.56 and a beta of 1.33.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its quarterly earnings results on Monday, January 29th. The bank reported $0.37 EPS for the quarter, beating the consensus estimate of $0.35 by $0.02. The firm had revenue of $8.01 billion during the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 14.85% and a net margin of 27.15%. Research analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.53 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Thursday, April 25th. Shareholders of record on Tuesday, April 9th will be paid a $0.1695 dividend. The ex-dividend date is Monday, April 8th. This represents a yield of 4.3%. This is a boost from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.17. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is currently 48.20%.

Analyst Upgrades and Downgrades

Separately, Barclays cut Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a research report on Monday, March 25th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria currently 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.