Versant Capital Management Inc Acquires 30,590 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Versant Capital Management Inc increased its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 552.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,124 shares of the bank's stock after buying an additional 30,590 shares during the quarter. Versant Capital Management Inc's holdings in Banco Bilbao Vizcaya Argentaria were worth $492,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of BBVA. American Century Companies Inc. grew its stake in Banco Bilbao Vizcaya Argentaria by 7.5% in 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. Savant Capital LLC grew its stake in Banco Bilbao Vizcaya Argentaria by 10.0% in the fourth quarter. Savant Capital LLC now owns 47,217 shares of the bank's stock valued at $459,000 after purchasing an additional 4,302 shares in the last quarter. LPL Financial LLC grew its stake in Banco Bilbao Vizcaya Argentaria by 189.4% in the fourth quarter. LPL Financial LLC now owns 397,979 shares of the bank's stock valued at $3,868,000 after purchasing an additional 260,472 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Banco Bilbao Vizcaya Argentaria by 17.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 444,961 shares of the bank's stock valued at $4,325,000 after purchasing an additional 67,431 shares in the last quarter. Finally, Strategic Financial Concepts LLC purchased a new position in Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at about $161,000. Hedge funds and other institutional investors own 2.96% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on BBVA. Wall Street Zen downgraded Banco Bilbao Vizcaya Argentaria from a "buy" rating to a "hold" rating in a research note on Friday. 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 investment 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 stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Stock Up 1.1%

Shares of BBVA traded up $0.17 during trading hours on Monday, hitting $15.21. 1,736,018 shares of the company were exchanged, compared to its average volume of 1,793,585. The company has a market cap of $88.77 billion, a PE ratio of 8.40, a PEG ratio of 0.80 and a beta of 1.05. The firm's 50 day moving average is $14.00 and its 200-day moving average is $12.28. Banco Bilbao Vizcaya Argentaria, S.A. has a 52 week low of $9.23 and a 52 week high of $15.66. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last released 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 company had revenue of $10.61 billion during the quarter, compared to the consensus estimate of $9.12 billion. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. On average, equities research analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Friday, April 25th. Investors of record on Wednesday, April 9th were paid a dividend of $0.4439 per share. This is an increase from Banco Bilbao Vizcaya Argentaria's previous semi-annual dividend of $0.11. The ex-dividend date of this dividend was Wednesday, April 9th. This represents a yield of 4.3%. Banco Bilbao Vizcaya Argentaria's dividend payout ratio is presently 39.15%.

Banco Bilbao Vizcaya Argentaria 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.