OLD Mission Capital LLC Takes $1.95 Million Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

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

A number of other hedge funds have also bought and sold shares of the business. Raymond James Financial Inc. purchased a new position in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter worth $7,333,000. FMR LLC boosted its position in Banco Bilbao Vizcaya Argentaria by 5.7% in the third quarter. FMR LLC now owns 6,370,344 shares of the bank’s stock worth $69,055,000 after purchasing an additional 344,355 shares during the last quarter. Norges Bank bought a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 4th quarter valued at about $3,208,000. Summit Global Investments grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 105.5% during the 4th quarter. Summit Global Investments now owns 539,796 shares of the bank’s stock valued at $5,247,000 after purchasing an additional 277,164 shares during the period. Finally, LPL Financial LLC increased its position in shares of Banco Bilbao Vizcaya Argentaria by 189.4% during the 4th quarter. LPL Financial LLC now owns 397,979 shares of the bank’s stock valued at $3,868,000 after purchasing an additional 260,472 shares during the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Stock Performance

BBVA opened at $13.82 on Thursday. The company has a 50 day simple moving average of $13.03 and a two-hundred day simple moving average of $11.10. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 0.27. The firm has a market cap of $80.68 billion, a P/E ratio of 7.64, a PEG ratio of 0.80 and a beta of 1.00. Banco Bilbao Vizcaya Argentaria, S.A. has a 1-year low of $9.23 and a 1-year high of $14.84.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share 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%. Equities analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

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

Analyst Upgrades and Downgrades

BBVA has been the subject of several recent research reports. StockNews.com lowered 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 raised shares of 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 raised Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a report on Thursday, February 27th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Banco Bilbao Vizcaya Argentaria currently has a consensus 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.