Bank of America Corp DE Increases Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Bank of America Corp DE boosted its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 13.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,108,410 shares of the bank's stock after purchasing an additional 613,563 shares during the period. Bank of America Corp DE owned approximately 0.09% of Banco Bilbao Vizcaya Argentaria worth $49,654,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. American Century Companies Inc. grew its position in shares of Banco Bilbao Vizcaya Argentaria by 7.5% during the 4th quarter. American Century Companies Inc. now owns 2,226,849 shares of the bank's stock valued at $21,645,000 after acquiring an additional 156,006 shares during the period. Savant Capital LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria by 10.0% in the 4th quarter. Savant Capital LLC now owns 47,217 shares of the bank's stock worth $459,000 after buying an additional 4,302 shares during the period. 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 worth $3,868,000 after buying an additional 260,472 shares during the period. HB Wealth Management LLC bought a new position in Banco Bilbao Vizcaya Argentaria in the 4th quarter worth $124,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Banco Bilbao Vizcaya Argentaria by 17.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 444,961 shares of the bank's stock worth $4,325,000 after buying an additional 67,431 shares during the period. Institutional investors own 2.96% of the company's stock.

Banco Bilbao Vizcaya Argentaria Stock Up 0.5%

Banco Bilbao Vizcaya Argentaria stock traded up $0.08 during mid-day trading on Friday, reaching $15.04. 1,138,763 shares of the company were exchanged, compared to its average volume of 1,785,118. Banco Bilbao Vizcaya Argentaria, S.A. has a 12-month low of $9.23 and a 12-month high of $15.06. The business has a fifty day moving average of $13.81 and a 200 day moving average of $11.87. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01. The firm has a market cap of $87.77 billion, a P/E ratio of 8.31, a PEG ratio of 0.80 and a beta of 1.05.

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

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently announced a semi-annual dividend, which was paid on Friday, April 25th. Investors of record on Wednesday, April 9th were issued a $0.4439 dividend. This represents a 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 39.15%.

Analyst Ratings Changes

Several analysts have commented 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. StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "buy" rating in a research note on Saturday. Finally, Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a research report on Thursday, February 27th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Banco Bilbao Vizcaya Argentaria has a consensus rating of "Moderate Buy".

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.