Cetera Investment Advisers Raises Stock Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Cetera Investment Advisers grew its position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 21.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 205,919 shares of the bank's stock after buying an additional 36,473 shares during the period. Cetera Investment Advisers' holdings in Banco Bilbao Vizcaya Argentaria were worth $2,002,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Bayesian Capital Management LP purchased a new position in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at approximately $630,000. Bank of America Corp DE raised its position 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 during the last quarter. Ameriprise Financial Inc. raised its position in shares of Banco Bilbao Vizcaya Argentaria by 4.2% in the 4th quarter. Ameriprise Financial Inc. now owns 141,626 shares of the bank's stock valued at $1,377,000 after purchasing an additional 5,651 shares during the last quarter. Jane Street Group LLC purchased a new position in Banco Bilbao Vizcaya Argentaria during the 4th quarter worth approximately $863,000. Finally, Lido Advisors LLC raised its position in Banco Bilbao Vizcaya Argentaria by 42.4% during the 4th quarter. Lido Advisors LLC now owns 17,852 shares of the bank's stock worth $174,000 after buying an additional 5,319 shares during the last quarter. 2.96% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

BBVA has been the subject of a number of recent research reports. Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 31st. Kepler Capital Markets raised 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 raised shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "buy" rating in a report on Saturday, May 17th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Trading Down 1.6%

NYSE BBVA traded down $0.24 during trading hours on Friday, reaching $15.16. The company had a trading volume of 2,041,960 shares, compared to its average volume of 1,786,982. The stock has a 50-day moving average of $13.92 and a 200 day moving average of $12.08. Banco Bilbao Vizcaya Argentaria, S.A. has a 1-year low of $9.23 and a 1-year high of $15.66. The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16. The stock has a market capitalization of $88.50 billion, a P/E ratio of 8.38, a price-to-earnings-growth ratio of 0.80 and a beta of 1.05.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The bank reported $0.47 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.47. The business 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, 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 firm also recently declared a semi-annual dividend, which was paid on Friday, April 25th. Stockholders of record on Wednesday, April 9th were given a dividend of $0.4439 per share. This represents a dividend yield of 4.3%. The ex-dividend date of this dividend was Wednesday, April 9th. 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 39.15%.

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.