GAMMA Investing LLC Invests $44,000 in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

GAMMA Investing LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,758 shares of the bank’s stock, valued at approximately $44,000.

A number of other hedge funds have also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. boosted its stake in Banco Bilbao Vizcaya Argentaria by 13.4% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 16,781 shares of the bank’s stock worth $135,000 after buying an additional 1,986 shares during the last quarter. Advisor Partners II LLC boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 4.8% in the third quarter. Advisor Partners II LLC now owns 315,832 shares of the bank’s stock worth $2,542,000 after acquiring an additional 14,549 shares during the last quarter. Whittier Trust Co. grew its holdings in Banco Bilbao Vizcaya Argentaria by 12.8% in the third quarter. Whittier Trust Co. now owns 53,629 shares of the bank’s stock valued at $432,000 after purchasing an additional 6,087 shares during the period. Cable Hill Partners LLC acquired a new position in Banco Bilbao Vizcaya Argentaria during the third quarter worth approximately $84,000. Finally, Hennion & Walsh Asset Management Inc. acquired a new position in shares of Banco Bilbao Vizcaya Argentaria in the 3rd quarter valued at $560,000. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Stock Up 1.5 %

Shares of NYSE:BBVA opened at $10.58 on Friday. The stock has a 50-day simple moving average of $11.08 and a 200-day simple moving average of $9.70. The stock has a market capitalization of $63.08 billion, a P/E ratio of 7.19, a PEG ratio of 0.55 and a beta of 1.33. Banco Bilbao Vizcaya Argentaria, S.A. has a 1 year low of $6.47 and a 1 year high of $12.20. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.03 and a current ratio of 1.02.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Monday, January 29th. The bank reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.02. Banco Bilbao Vizcaya Argentaria had a net margin of 26.90% and a return on equity of 15.34%. The company had revenue of $8.01 billion during the quarter. Equities analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.54 earnings per share for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently declared 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. This represents a yield of 4.3%. This is a boost from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.17. The ex-dividend date was Monday, April 8th. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is 46.26%.

Wall Street Analyst Weigh In

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

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.