754,426 Shares in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 754,426 shares of the bank's stock, valued at approximately $7,333,000.

Several other hedge funds have also modified their holdings of BBVA. Brooklyn Investment Group raised its stake in Banco Bilbao Vizcaya Argentaria by 120.7% in the fourth quarter. Brooklyn Investment Group now owns 3,540 shares of the bank's stock valued at $34,000 after buying an additional 1,936 shares in the last quarter. Huntington National Bank raised its stake in Banco Bilbao Vizcaya Argentaria by 96.7% in the fourth quarter. Huntington National Bank now owns 3,616 shares of the bank's stock valued at $35,000 after buying an additional 1,778 shares in the last quarter. Avion Wealth acquired a new stake in Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at $39,000. Barclays PLC acquired a new stake in Banco Bilbao Vizcaya Argentaria in the third quarter valued at $41,000. Finally, Sierra Ocean LLC acquired a new stake in Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at $49,000. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Banco Bilbao Vizcaya Argentaria Trading Down 2.1 %

NYSE:BBVA traded down $0.30 during mid-day trading on Tuesday, reaching $14.07. The company's stock had a trading volume of 336,923 shares, compared to its average volume of 1,862,798. The company's fifty day simple moving average is $13.54 and its two-hundred day simple moving average is $11.47. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 0.27. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $9.23 and a twelve month high of $14.84. The stock has a market cap of $82.15 billion, a P/E ratio of 7.77, a P/E/G ratio of 0.80 and a beta of 1.00.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a net margin of 28.10% and a return on equity of 17.49%. On average, equities analysts predict that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current 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. This represents a yield of 4.3%. This is an increase from Banco Bilbao Vizcaya Argentaria's previous semi-annual dividend of $0.11. The ex-dividend date was Wednesday, April 9th. Banco Bilbao Vizcaya Argentaria's dividend payout ratio is 40.88%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on BBVA shares. Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 31st. 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, StockNews.com upgraded Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "buy" rating in a research note on Wednesday, April 9th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus 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.