Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Stock Position Raised by Lesa Sroufe & Co

Lesa Sroufe & Co grew its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 2.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 343,276 shares of the bank’s stock after acquiring an additional 8,452 shares during the period. Banco Bilbao Vizcaya Argentaria accounts for 3.2% of Lesa Sroufe & Co’s portfolio, making the stock its 9th biggest position. Lesa Sroufe & Co’s holdings in Banco Bilbao Vizcaya Argentaria were worth $3,127,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in BBVA. CWM LLC raised its holdings in Banco Bilbao Vizcaya Argentaria by 15.9% in the fourth quarter. CWM LLC now owns 12,676 shares of the bank’s stock valued at $115,000 after acquiring an additional 1,743 shares in the last quarter. Signaturefd LLC grew its holdings in Banco Bilbao Vizcaya Argentaria by 15.5% during the 4th quarter. Signaturefd LLC now owns 106,550 shares of the bank’s stock worth $971,000 after acquiring an additional 14,302 shares in the last quarter. Lindbrook Capital LLC increased its position in shares of Banco Bilbao Vizcaya Argentaria by 34.7% in the 4th quarter. Lindbrook Capital LLC now owns 11,886 shares of the bank’s stock worth $108,000 after purchasing an additional 3,062 shares during the last quarter. Oakworth Capital Inc. raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 224.2% in the 4th quarter. Oakworth Capital Inc. now owns 61,447 shares of the bank’s stock valued at $560,000 after purchasing an additional 42,491 shares in the last quarter. Finally, SVB Wealth LLC lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 8.7% during the fourth quarter. SVB Wealth LLC now owns 65,629 shares of the bank’s stock worth $598,000 after purchasing an additional 5,264 shares during the last quarter. Institutional investors and hedge funds own 2.96% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Barclays downgraded Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a research note on Monday, March 25th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of BBVA opened at $11.40 on Wednesday. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.03 and a quick ratio of 1.03. Banco Bilbao Vizcaya Argentaria, S.A. has a 12-month low of $6.47 and a 12-month high of $12.20. The business’s fifty day moving average price is $10.91 and its 200 day moving average price is $9.58. The stock has a market capitalization of $67.98 billion, a PE ratio of 8.20, a price-to-earnings-growth ratio of 0.56 and a beta of 1.33.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its quarterly earnings results on Monday, January 29th. The bank reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.02. Banco Bilbao Vizcaya Argentaria had a net margin of 27.15% and a return on equity of 14.85%. The company had revenue of $8.01 billion for the quarter. Equities research analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.53 EPS for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently announced a semi-annual dividend, which will be paid on Thursday, April 25th. Shareholders of record on Tuesday, April 9th will be paid a $0.1695 dividend. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.17. This represents a yield of 4.3%. The ex-dividend date is Monday, April 8th. Banco Bilbao Vizcaya Argentaria’s payout ratio is presently 48.92%.

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.