Fisher Asset Management LLC Sells 1,462,800 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Fisher Asset Management LLC trimmed its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 2.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,540,410 shares of the bank's stock after selling 1,462,800 shares during the quarter. Fisher Asset Management LLC owned 0.91% of Banco Bilbao Vizcaya Argentaria worth $496,863,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. BSW Wealth Partners grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 6.2% in the 4th quarter. BSW Wealth Partners now owns 22,235 shares of the bank's stock valued at $203,000 after purchasing an additional 1,289 shares during the last quarter. Checchi Capital Advisers LLC increased its holdings in Banco Bilbao Vizcaya Argentaria by 4.1% in the third quarter. Checchi Capital Advisers LLC now owns 37,866 shares of the bank's stock valued at $305,000 after buying an additional 1,505 shares in the last quarter. CWM LLC boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 15.9% during the 4th quarter. CWM LLC now owns 12,676 shares of the bank's stock worth $115,000 after acquiring an additional 1,743 shares in the last quarter. Janiczek Wealth Management LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 7.8% in the 4th quarter. Janiczek Wealth Management LLC now owns 24,377 shares of the bank's stock valued at $222,000 after purchasing an additional 1,768 shares in the last quarter. Finally, Fifth Third Bancorp raised its holdings in Banco Bilbao Vizcaya Argentaria by 0.6% during the third quarter. Fifth Third Bancorp now owns 326,787 shares of the bank's stock worth $2,631,000 after purchasing an additional 1,942 shares during the last quarter. Institutional investors and hedge funds own 2.96% of the company's stock.

Banco Bilbao Vizcaya Argentaria Trading Up 1.5 %

Banco Bilbao Vizcaya Argentaria stock traded up $0.15 during trading on Friday, hitting $10.58. The company's stock had a trading volume of 3,617,295 shares, compared to its average volume of 1,626,033. The stock's fifty day moving average is $11.08 and its 200 day moving average is $9.70. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.03 and a current ratio of 1.02. Banco Bilbao Vizcaya Argentaria, S.A. has a 1-year low of $6.47 and a 1-year high of $12.20. The stock has a market capitalization of $63.08 billion, a price-to-earnings ratio of 7.20, a P/E/G ratio of 0.55 and a beta of 1.33.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last released its quarterly earnings results on Monday, January 29th. The bank reported $0.37 EPS for the quarter, topping the consensus estimate of $0.35 by $0.02. Banco Bilbao Vizcaya Argentaria had a return on equity of 15.34% and a net margin of 26.90%. The business had revenue of $8.01 billion for the quarter. As a group, equities research analysts predict that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.54 EPS for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Thursday, April 25th. Investors of record on Tuesday, April 9th were paid a $0.1695 dividend. This represents a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, April 8th. This is a positive change from Banco Bilbao Vizcaya Argentaria's previous semi-annual dividend of $0.17. Banco Bilbao Vizcaya Argentaria's payout ratio is 46.26%.

Wall Street Analyst Weigh In

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.

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.