International Assets Investment Management LLC Purchases New Shares in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

International Assets Investment Management LLC acquired a new position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 13,446 shares of the bank’s stock, valued at approximately $122,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wellington Management Group LLP boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 2.0% during the 3rd quarter. Wellington Management Group LLP now owns 6,312,586 shares of the bank’s stock valued at $50,816,000 after buying an additional 122,652 shares during the last quarter. FMR LLC increased its position in shares of Banco Bilbao Vizcaya Argentaria by 1.7% in the 3rd quarter. FMR LLC now owns 5,763,182 shares of the bank’s stock worth $46,394,000 after purchasing an additional 95,671 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 9.1% during the third quarter. Envestnet Asset Management Inc. now owns 3,710,950 shares of the bank’s stock worth $29,873,000 after purchasing an additional 309,327 shares during the last quarter. American Century Companies Inc. grew its stake in Banco Bilbao Vizcaya Argentaria by 10.0% in the third quarter. American Century Companies Inc. now owns 1,497,485 shares of the bank’s stock worth $12,055,000 after purchasing an additional 136,314 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC raised its stake in Banco Bilbao Vizcaya Argentaria by 25.8% during 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 in the last quarter. 2.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Barclays lowered Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a research report on Monday, March 25th.

Banco Bilbao Vizcaya Argentaria Trading Up 1.3 %

Banco Bilbao Vizcaya Argentaria stock opened at $11.74 on Tuesday. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.03 and a current ratio of 1.03. Banco Bilbao Vizcaya Argentaria, S.A. has a 1 year low of $6.47 and a 1 year high of $12.20. The firm’s 50-day moving average is $11.05 and its 200-day moving average is $9.67. The company has a market cap of $70.00 billion, a P/E ratio of 8.44, a PEG ratio of 0.59 and a beta of 1.33.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its earnings results on Monday, January 29th. The bank reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.02. The company 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%. On average, equities analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.53 earnings per share for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Thursday, April 25th. Investors of record on Tuesday, April 9th were given a dividend of $0.1695 per share. The ex-dividend date was Monday, April 8th. This represents a yield of 4.3%. This is a positive change from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.17. Banco Bilbao Vizcaya Argentaria’s payout ratio is currently 48.20%.

Banco Bilbao Vizcaya Argentaria 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.