Sequoia Financial Advisors LLC Has $1.94 Million Stock Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Sequoia Financial Advisors LLC increased its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 176.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 212,999 shares of the bank's stock after purchasing an additional 135,886 shares during the period. Sequoia Financial Advisors LLC's holdings in Banco Bilbao Vizcaya Argentaria were worth $1,940,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Raymond James & Associates raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 21.4% in the first quarter. Raymond James & Associates now owns 733,348 shares of the bank's stock valued at $4,173,000 after acquiring an additional 129,165 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 6.9% in the first quarter. Bank of New York Mellon Corp now owns 643,708 shares of the bank's stock valued at $3,664,000 after acquiring an additional 41,706 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 4.0% in the first quarter. American Century Companies Inc. now owns 393,935 shares of the bank's stock valued at $2,241,000 after acquiring an additional 15,070 shares during the last quarter. HighTower Advisors LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 32.6% in the first quarter. HighTower Advisors LLC now owns 35,093 shares of the bank's stock valued at $196,000 after acquiring an additional 8,633 shares during the last quarter. Finally, Private Advisor Group LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 24.6% in the first quarter. Private Advisor Group LLC now owns 18,972 shares of the bank's stock valued at $108,000 after acquiring an additional 3,749 shares during the last quarter. Institutional investors and hedge funds own 2.96% of the company's stock.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of Banco Bilbao Vizcaya Argentaria stock traded down $0.26 during midday trading on Friday, reaching $10.55. The company had a trading volume of 1,753,181 shares, compared to its average volume of 1,215,167. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.24. The company has a market capitalization of $62.94 billion, a price-to-earnings ratio of 7.59, a price-to-earnings-growth ratio of 0.59 and a beta of 1.33. The stock has a fifty day simple moving average of $10.76 and a 200 day simple moving average of $9.43. Banco Bilbao Vizcaya Argentaria, S.A. has a 1-year low of $6.47 and a 1-year high of $12.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last issued its quarterly earnings results on Monday, January 29th. The bank reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.35 by $0.02. The business had revenue of $8.01 billion during the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 27.15% and a return on equity of 14.85%. As a group, equities research analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.54 earnings per share for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Thursday, April 25th. Investors of record on Tuesday, April 9th will be issued a $0.1695 dividend. The ex-dividend date of this dividend is Monday, April 8th. This represents a dividend yield of 4.3%. This is a positive change from Banco Bilbao Vizcaya Argentaria's previous semi-annual dividend of $0.17. Banco Bilbao Vizcaya Argentaria's dividend payout ratio (DPR) is currently 49.64%.

Analyst Ratings Changes

Separately, Barclays cut 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 assigned a buy rating to the company's stock. According to data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria 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.