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Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Shares Bought by Point72 Asset Management L.P.

Banco Bilbao Vizcaya Argentaria logo with Finance background

Point72 Asset Management L.P. grew its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 122.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 307,720 shares of the bank's stock after acquiring an additional 169,220 shares during the period. Point72 Asset Management L.P.'s holdings in Banco Bilbao Vizcaya Argentaria were worth $2,991,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. HighPoint Advisor Group LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 4.3% in the 4th 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 during the period. IFP Advisors Inc increased its stake in Banco Bilbao Vizcaya Argentaria by 20.7% during the 4th quarter. IFP Advisors Inc now owns 5,420 shares of the bank's stock worth $53,000 after buying an additional 930 shares during the period. Seven Mile Advisory increased its stake in Banco Bilbao Vizcaya Argentaria by 4.7% during the 4th quarter. Seven Mile Advisory now owns 20,999 shares of the bank's stock worth $204,000 after buying an additional 950 shares during the period. OneDigital Investment Advisors LLC increased its stake in 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 worth $334,000 after buying an additional 1,227 shares during the period. Finally, Checchi Capital Advisers LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 3.6% during the 4th quarter. Checchi Capital Advisers LLC now owns 38,717 shares of the bank's stock worth $376,000 after buying an additional 1,344 shares during the period. 2.96% of the stock is owned by hedge funds and other institutional investors.

Banco Bilbao Vizcaya Argentaria Stock Down 1.6%

NYSE BBVA traded down $0.24 on Friday, hitting $15.16. 2,041,960 shares of the stock were exchanged, compared to its average volume of 1,783,241. 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, S.A. has a fifty-two week low of $9.23 and a fifty-two week high of $15.66. The company has a market cap of $88.50 billion, a PE ratio of 8.38, a PEG ratio of 0.80 and a beta of 1.05. The company has a 50-day moving average price of $13.91 and a 200-day moving average price of $12.02.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last posted 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 during the quarter, compared to analysts' expectations of $9.12 billion. Sell-side analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently declared a semi-annual dividend, which was paid on Friday, April 25th. Shareholders of record on Wednesday, April 9th were issued a dividend of $0.4439 per share. This represents a 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 payout ratio is 39.15%.

Wall Street Analyst Weigh In

BBVA has been the topic of several recent research reports. Wall Street Zen raised shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "buy" rating in a research note on Saturday, May 17th. Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 31st. Finally, 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. One investment 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. According to data from MarketBeat, Banco Bilbao Vizcaya Argentaria presently has a consensus rating of "Moderate Buy".

Get Our Latest Report on Banco Bilbao Vizcaya Argentaria

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.

Further Reading

Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria (NYSE:BBVA)

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