Jane Street Group LLC purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 88,796 shares of the bank’s stock, valued at approximately $863,000.
A number of other large investors have also made changes to their positions in the company. Lido Advisors LLC raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 42.4% during the fourth quarter. Lido Advisors LLC now owns 17,852 shares of the bank’s stock valued at $174,000 after acquiring an additional 5,319 shares during the period. Northern Trust Corp increased its stake in Banco Bilbao Vizcaya Argentaria by 48.6% in the 4th quarter. Northern Trust Corp now owns 7,418,877 shares of the bank’s stock valued at $72,111,000 after buying an additional 2,424,880 shares during the period. Aquatic Capital Management LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 213.4% in the 4th quarter. Aquatic Capital Management LLC now owns 201,534 shares of the bank’s stock valued at $1,959,000 after buying an additional 137,234 shares during the period. Syon Capital LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 3.3% in the 4th quarter. Syon Capital LLC now owns 78,423 shares of the bank’s stock valued at $762,000 after buying an additional 2,538 shares during the period. Finally, Symmetry Investments LP acquired a new position in Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at approximately $27,647,000. Institutional investors and hedge funds own 2.96% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on the stock. Hsbc Global Res upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research note on Thursday, February 27th. Finally, Wall Street Zen upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Saturday, May 17th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.
Banco Bilbao Vizcaya Argentaria Stock Performance
Shares of BBVA opened at $15.16 on Friday. The company’s fifty day moving average is $13.92 and its 200-day moving average is $12.05. Banco Bilbao Vizcaya Argentaria, S.A. has a 12 month low of $9.23 and a 12 month high of $15.66. The firm has a market cap of $88.50 billion, a price-to-earnings ratio of 8.38, a price-to-earnings-growth ratio of 0.80 and a beta of 1.05. The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16.
Banco Bilbao Vizcaya Argentaria (NYSE:BBVA – Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The bank reported $0.47 EPS for the quarter, hitting the consensus estimate of $0.47. Banco Bilbao Vizcaya Argentaria had a net margin of 28.10% and a return on equity of 17.49%. The company had revenue of $10.61 billion for the quarter, compared to analyst estimates of $9.12 billion. Equities analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current fiscal year.
Banco Bilbao Vizcaya Argentaria Increases Dividend
The firm also recently declared a semi-annual dividend, which was paid on Friday, April 25th. Stockholders of record on Wednesday, April 9th were paid a dividend of $0.4439 per share. This is a positive change from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.11. The ex-dividend date was Wednesday, April 9th. This represents a dividend yield of 4.3%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is 39.15%.
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.
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