Invesco Ltd. Acquires 5,076 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Invesco Ltd. grew its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 6.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 83,291 shares of the bank’s stock after purchasing an additional 5,076 shares during the quarter. Invesco Ltd.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $810,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in BBVA. Raymond James Financial Inc. purchased a new stake in Banco Bilbao Vizcaya Argentaria in the 4th quarter worth about $7,333,000. Norges Bank bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at approximately $3,208,000. Summit Global Investments grew its stake in Banco Bilbao Vizcaya Argentaria by 105.5% during the fourth quarter. Summit Global Investments now owns 539,796 shares of the bank’s stock valued at $5,247,000 after acquiring an additional 277,164 shares in the last quarter. LPL Financial LLC boosted its holdings 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 purchasing an additional 260,472 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in Banco Bilbao Vizcaya Argentaria in the 4th quarter worth about $2,046,000. Institutional investors own 2.96% of the company’s stock.

Analyst Ratings Changes

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

Banco Bilbao Vizcaya Argentaria Trading Up 0.9 %

NYSE:BBVA opened at $13.90 on Friday. The company’s 50-day simple moving average is $13.62 and its 200 day simple moving average is $11.55. Banco Bilbao Vizcaya Argentaria, S.A. has a one year low of $9.23 and a one year high of $14.84. The firm has a market capitalization of $81.15 billion, a P/E ratio of 7.68, a PEG ratio of 0.80 and a beta of 1.00. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 0.27.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Tuesday, April 29th. The bank reported $0.47 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.47. The company had revenue of $10.61 billion for the quarter, compared to analysts’ expectations of $9.12 billion. Banco Bilbao Vizcaya Argentaria had a net margin of 28.10% and a return on equity of 17.49%. As a group, analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Friday, April 25th. Stockholders of record on Wednesday, April 9th were issued a dividend of $0.4439 per share. This represents a dividend yield of 4.3%. The ex-dividend date was Wednesday, April 9th. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.11. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is presently 40.88%.

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.