Wells Fargo & Company MN Boosts Stock Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Wells Fargo & Company MN boosted its position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 14.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 961,610 shares of the bank’s stock after acquiring an additional 119,551 shares during the period. Wells Fargo & Company MN’s holdings in Banco Bilbao Vizcaya Argentaria were worth $9,347,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in BBVA. GAMMA Investing LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 19.7% in the fourth quarter. GAMMA Investing LLC now owns 10,866 shares of the bank’s stock worth $106,000 after purchasing an additional 1,792 shares during the period. American Century Companies Inc. increased its stake in Banco Bilbao Vizcaya Argentaria by 7.5% in the 4th quarter. American Century Companies Inc. now owns 2,226,849 shares of the bank’s stock worth $21,645,000 after buying an additional 156,006 shares during the period. Savant Capital LLC lifted its holdings in Banco Bilbao Vizcaya Argentaria by 10.0% during the 4th quarter. Savant Capital LLC now owns 47,217 shares of the bank’s stock valued at $459,000 after buying an additional 4,302 shares in the last quarter. LPL Financial LLC boosted its position in Banco Bilbao Vizcaya Argentaria by 189.4% in the 4th quarter. LPL Financial LLC now owns 397,979 shares of the bank’s stock valued at $3,868,000 after buying an additional 260,472 shares during the period. Finally, HB Wealth Management LLC bought a new position in Banco Bilbao Vizcaya Argentaria in the 4th quarter worth about $124,000. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on BBVA shares. StockNews.com upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Wednesday, April 9th. Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. Finally, Kepler Capital Markets upgraded Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research note on Thursday, February 27th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Trading Up 0.4 %

Shares of BBVA stock opened at $13.45 on Thursday. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $9.23 and a twelve month high of $14.84. The stock has a market cap of $78.52 billion, a price-to-earnings ratio of 7.43, a PEG ratio of 0.80 and a beta of 1.00. The company’s 50-day moving average price is $13.32 and its 200-day moving average price is $11.26. The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share for the quarter, beating 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 predict 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 declared a semi-annual dividend, which will be paid on Friday, April 25th. Investors of record on Wednesday, April 9th will be paid a dividend of $0.4439 per share. The ex-dividend date is Wednesday, April 9th. This represents a yield of 4.3%. This is a boost from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.11. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is currently 39.23%.

Banco Bilbao Vizcaya Argentaria Company 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.