Northern Trust Corp Grows Stock Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Northern Trust Corp increased its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 48.6% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 7,418,877 shares of the bank's stock after acquiring an additional 2,424,880 shares during the period. Northern Trust Corp owned approximately 0.13% of Banco Bilbao Vizcaya Argentaria worth $72,111,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its position in Banco Bilbao Vizcaya Argentaria by 1.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 11,481,085 shares of the bank's stock valued at $111,596,000 after buying an additional 163,044 shares during the last quarter. Symmetry Investments LP purchased a new stake in Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at approximately $27,647,000. American Century Companies Inc. lifted its stake in 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 worth $21,645,000 after purchasing an additional 156,006 shares in the last quarter. QRG Capital Management Inc. grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 4.0% in the fourth quarter. QRG Capital Management Inc. now owns 1,043,054 shares of the bank's stock valued at $10,138,000 after buying an additional 40,352 shares in the last quarter. Finally, Wells Fargo & Company MN raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 14.2% in the 4th quarter. Wells Fargo & Company MN now owns 961,610 shares of the bank's stock valued at $9,347,000 after buying an additional 119,551 shares during the period. Hedge funds and other institutional investors own 2.96% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on BBVA shares. StockNews.com raised shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "buy" rating in a research note on Wednesday, April 9th. Kepler Capital Markets upgraded Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a research note on Thursday, February 27th. Finally, Hsbc Global Res raised Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 31st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Banco Bilbao Vizcaya Argentaria has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Stock Performance

NYSE:BBVA opened at $14.04 on Tuesday. The business's fifty day moving average price is $13.63 and its 200 day moving average price is $11.60. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 0.27. The firm has a market capitalization of $81.96 billion, a PE ratio of 7.76, a price-to-earnings-growth ratio of 0.80 and a beta of 1.05. Banco Bilbao Vizcaya Argentaria, S.A. has a 12 month low of $9.23 and a 12 month high of $14.84.

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 for the quarter, hitting analysts' consensus estimates of $0.47. The firm had revenue of $10.61 billion during 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%. On average, sell-side 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 business also recently disclosed a semi-annual dividend, which was paid on Friday, April 25th. Shareholders of record on Wednesday, April 9th were paid a dividend of $0.4439 per share. The ex-dividend date was Wednesday, April 9th. This is an increase 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 is currently 39.15%.

About Banco Bilbao Vizcaya Argentaria

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.

Want to see what other hedge funds are holding BBVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.