Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Position Raised by Syon Capital LLC

Syon Capital LLC lifted its position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 20.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 79,167 shares of the bank’s stock after acquiring an additional 13,620 shares during the period. Syon Capital LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $721,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC bought a new position in Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at about $44,000. Paradigm Asset Management Co. LLC lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 66.7% in the third quarter. Paradigm Asset Management Co. LLC now owns 7,000 shares of the bank’s stock worth $56,000 after purchasing an additional 2,800 shares in the last quarter. Cable Hill Partners LLC purchased a new stake in Banco Bilbao Vizcaya Argentaria in the 3rd quarter worth approximately $84,000. Trust Point Inc. purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter worth $97,000. Finally, CWM LLC boosted its position in Banco Bilbao Vizcaya Argentaria by 30.8% during the third quarter. CWM LLC now owns 10,933 shares of the bank’s stock valued at $88,000 after purchasing an additional 2,576 shares during the last quarter. 2.96% of the stock is currently owned by institutional investors.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of BBVA stock traded up $0.33 during trading on Friday, reaching $11.58. The company had a trading volume of 5,679,454 shares, compared to its average volume of 1,452,865. Banco Bilbao Vizcaya Argentaria, S.A. has a one year low of $6.47 and a one year high of $12.20. The company has a market capitalization of $69.08 billion, a PE ratio of 8.09, a PEG ratio of 0.57 and a beta of 1.33. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.03 and a quick ratio of 1.03. The firm’s 50 day simple moving average is $10.97 and its two-hundred day simple moving average is $9.60.

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

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently announced 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 was Monday, April 8th. This is a boost from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.17. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is presently 48.92%.

Analyst Ratings Changes

Separately, Barclays lowered Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a report on Monday, March 25th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

About Banco Bilbao Vizcaya Argentaria

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.