Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Hits New 52-Week High at $12.19

Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $12.19 and last traded at $12.19, with a volume of 140608 shares trading hands. The stock had previously closed at $11.92.

Analysts Set New Price Targets

Separately, Barclays downgraded shares of Banco Bilbao Vizcaya Argentaria from an "overweight" rating to an "equal weight" rating in a research note on Monday, March 25th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Stock Performance

The company has a debt-to-equity ratio of 1.24, a current ratio of 1.03 and a quick ratio of 1.03. The company's 50-day moving average price is $10.46 and its two-hundred day moving average price is $9.26. The company has a market capitalization of $71.26 billion, a price-to-earnings ratio of 8.76, a PEG ratio of 0.65 and a beta of 1.33.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last posted its quarterly earnings data on Monday, January 29th. The bank reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.02. Banco Bilbao Vizcaya Argentaria had a net margin of 27.15% and a return on equity of 14.85%. The company had revenue of $8.01 billion during the quarter. On average, equities research analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.54 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Thursday, April 25th. Shareholders of record on Tuesday, April 9th will be issued a $0.1695 dividend. This represents a yield of 4.3%. This is a boost from Banco Bilbao Vizcaya Argentaria's previous semi-annual dividend of $0.17. The ex-dividend date of this dividend is Monday, April 8th. Banco Bilbao Vizcaya Argentaria's dividend payout ratio (DPR) is presently 19.42%.

Institutional Investors Weigh In On Banco Bilbao Vizcaya Argentaria

A number of large investors have recently bought and sold shares of the stock. Wellington Management Group LLP lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 2.0% in the third quarter. Wellington Management Group LLP now owns 6,312,586 shares of the bank's stock valued at $50,816,000 after buying an additional 122,652 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 25.8% in the third quarter. O Shaughnessy Asset Management LLC now owns 1,293,271 shares of the bank's stock valued at $10,411,000 after buying an additional 265,431 shares in the last quarter. FMR LLC lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 1.7% in the third quarter. FMR LLC now owns 5,763,182 shares of the bank's stock valued at $46,394,000 after buying an additional 95,671 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 3.1% in the third quarter. Mercer Global Advisors Inc. ADV now owns 743,200 shares of the bank's stock valued at $5,983,000 after buying an additional 22,426 shares in the last quarter. Finally, Citigroup Inc. lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 7.4% in the third quarter. Citigroup Inc. now owns 151,163 shares of the bank's stock valued at $1,217,000 after buying an additional 10,437 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

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.