OLD Mission Capital LLC Buys New Stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

OLD Mission Capital LLC purchased a new position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 200,619 shares of the bank’s stock, valued at approximately $1,950,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. HighPoint Advisor Group LLC raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 4.3% during the 4th quarter. HighPoint Advisor Group LLC now owns 20,975 shares of the bank’s stock worth $204,000 after acquiring an additional 862 shares in the last quarter. Seven Mile Advisory increased its position in Banco Bilbao Vizcaya Argentaria by 4.7% in the fourth quarter. Seven Mile Advisory now owns 20,999 shares of the bank’s stock worth $204,000 after purchasing an additional 950 shares during the last quarter. Norges Bank purchased a new stake in Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at $3,208,000. Summitry LLC lifted its position in Banco Bilbao Vizcaya Argentaria by 22.8% during the fourth quarter. Summitry LLC now owns 30,288 shares of the bank’s stock valued at $294,000 after purchasing an additional 5,628 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 189.4% in the 4th quarter. LPL Financial LLC now owns 397,979 shares of the bank’s stock worth $3,868,000 after buying an additional 260,472 shares in the last quarter. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Price Performance

BBVA stock opened at $13.82 on Thursday. The stock has a market cap of $80.68 billion, a PE ratio of 7.64, a P/E/G ratio of 0.80 and a beta of 1.00. Banco Bilbao Vizcaya Argentaria, S.A. has a 12 month low of $9.23 and a 12 month high of $14.84. The company has a 50-day moving average price of $13.03 and a 200 day moving average price of $11.10. The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. Equities research analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Friday, April 25th. Shareholders of record on Wednesday, April 9th will be paid a $0.4439 dividend. This is a positive change from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.11. The ex-dividend date is Wednesday, April 9th. This represents a yield of 4.3%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is presently 39.23%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on BBVA shares. StockNews.com cut shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Friday, March 28th. 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. Finally, Kepler Capital Markets upgraded Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a report on Thursday, February 27th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria 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.