Clark Capital Management Group Inc. reduced its position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 4.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,230,817 shares of the bank's stock after selling 217,869 shares during the quarter. Clark Capital Management Group Inc. owned 0.09% of Banco Bilbao Vizcaya Argentaria worth $50,844,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in BBVA. Dimensional Fund Advisors LP raised its position in Banco Bilbao Vizcaya Argentaria by 1.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 11,481,085 shares of the bank's stock valued at $111,596,000 after purchasing an additional 163,044 shares in the last quarter. Northern Trust Corp increased its position in Banco Bilbao Vizcaya Argentaria by 48.6% during the 4th quarter. Northern Trust Corp now owns 7,418,877 shares of the bank's stock valued at $72,111,000 after purchasing an additional 2,424,880 shares during the period. Bank of America Corp DE raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 13.7% in the 4th quarter. Bank of America Corp DE now owns 5,108,410 shares of the bank's stock valued at $49,654,000 after purchasing an additional 613,563 shares in the last quarter. Symmetry Investments LP purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter worth approximately $27,647,000. Finally, American Century Companies Inc. boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 7.5% during the fourth quarter. American Century Companies Inc. now owns 2,226,849 shares of the bank's stock valued at $21,645,000 after purchasing an additional 156,006 shares in the last quarter. Institutional investors own 2.96% of the company's stock.
Analysts Set New Price Targets
BBVA has been the subject of a number of analyst reports. Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "strong-buy" rating in a report on Friday, January 31st. StockNews.com cut Banco Bilbao Vizcaya Argentaria from a "buy" rating to a "hold" rating in a research note on Friday. 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 equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy".
Check Out Our Latest Report on Banco Bilbao Vizcaya Argentaria
Banco Bilbao Vizcaya Argentaria Stock Up 2.0%
NYSE BBVA traded up $0.29 on Tuesday, hitting $14.77. The stock had a trading volume of 1,131,035 shares, compared to its average volume of 1,801,908. The business's fifty day moving average price is $13.73 and its 200 day moving average price is $11.76. The stock has a market cap of $86.23 billion, a price-to-earnings ratio of 8.16, a price-to-earnings-growth ratio of 0.80 and a beta of 1.05. 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, S.A. has a 52-week low of $9.23 and a 52-week high of $14.84.
Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last announced its earnings results on Tuesday, April 29th. The bank reported $0.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.47. The company had revenue of $10.61 billion for the quarter, compared to analyst estimates of $9.12 billion. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. Equities research analysts anticipate 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 business also recently announced a semi-annual dividend, which was paid on Friday, April 25th. Investors of record on Wednesday, April 9th were paid a $0.4439 dividend. The ex-dividend date was Wednesday, April 9th. This is a boost from Banco Bilbao Vizcaya Argentaria's previous semi-annual dividend of $0.11. This represents a yield of 4.3%. Banco Bilbao Vizcaya Argentaria's dividend payout ratio (DPR) is 39.15%.
About Banco Bilbao Vizcaya Argentaria
(
Free Report)
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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