Millennium Management LLC Buys 796,526 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Millennium Management LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 514.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 951,350 shares of the bank's stock after acquiring an additional 796,526 shares during the quarter. Millennium Management LLC's holdings in Banco Bilbao Vizcaya Argentaria were worth $9,247,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. HighPoint Advisor Group LLC increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 4.3% during the fourth quarter. HighPoint Advisor Group LLC now owns 20,975 shares of the bank's stock valued at $204,000 after acquiring an additional 862 shares in the last quarter. IFP Advisors Inc boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 20.7% during the fourth quarter. IFP Advisors Inc now owns 5,420 shares of the bank's stock valued at $53,000 after buying an additional 930 shares during the last quarter. Seven Mile Advisory boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 4.7% during the fourth quarter. Seven Mile Advisory now owns 20,999 shares of the bank's stock valued at $204,000 after buying an additional 950 shares during the last quarter. OneDigital Investment Advisors LLC boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 3.7% during the 4th quarter. OneDigital Investment Advisors LLC now owns 34,383 shares of the bank's stock valued at $334,000 after acquiring an additional 1,227 shares during the last quarter. Finally, Checchi Capital Advisers LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 3.6% in the fourth quarter. Checchi Capital Advisers LLC now owns 38,717 shares of the bank's stock worth $376,000 after acquiring an additional 1,344 shares during the period. 2.96% of the stock is currently owned by institutional investors.

Banco Bilbao Vizcaya Argentaria Stock Performance

BBVA stock traded down $0.46 during trading on Wednesday, reaching $14.96. The stock had a trading volume of 1,600,047 shares, compared to its average volume of 1,784,143. Banco Bilbao Vizcaya Argentaria, S.A. has a 52 week low of $9.23 and a 52 week high of $15.66. The stock's 50 day moving average is $13.95 and its two-hundred day moving average is $12.14. 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 firm has a market cap of $87.34 billion, a PE ratio of 8.27, a PEG ratio of 0.80 and a beta of 1.05.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last posted its earnings results on Tuesday, April 29th. The bank reported $0.47 earnings per share for the quarter, meeting analysts' consensus estimates 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. As a group, equities 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 disclosed a semi-annual dividend, which was paid on Friday, April 25th. Stockholders of record on Wednesday, April 9th were paid a $0.4439 dividend. The ex-dividend date of this dividend was Wednesday, April 9th. This represents a dividend yield of 4.3%. 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%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. 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. Wall Street Zen raised Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "buy" rating in a report on Saturday, May 17th. Finally, Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 31st. One research analyst has rated the stock with a sell rating, one has issued a hold rating, one has given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Banco Bilbao Vizcaya Argentaria currently has an average rating of "Moderate Buy".

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.