Oakworth Capital Inc. Has $560,000 Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Oakworth Capital Inc. grew its position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 224.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 61,447 shares of the bank’s stock after purchasing an additional 42,491 shares during the period. Oakworth Capital Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $560,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. SVB Wealth LLC increased 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 acquiring an additional 5,264 shares in the last quarter. NewEdge Wealth LLC boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 22.3% during the fourth quarter. NewEdge Wealth LLC now owns 363,386 shares of the bank’s stock worth $3,310,000 after buying an additional 66,209 shares during the period. Sapient Capital LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter worth about $158,000. Janiczek Wealth Management LLC raised its position in Banco Bilbao Vizcaya Argentaria by 7.8% in the 4th quarter. Janiczek Wealth Management LLC now owns 24,377 shares of the bank’s stock valued at $222,000 after buying an additional 1,768 shares during the last quarter. Finally, Cerity Partners LLC lifted its stake in Banco Bilbao Vizcaya Argentaria by 51.6% in the 4th quarter. Cerity Partners LLC now owns 191,485 shares of the bank’s stock valued at $1,744,000 after acquiring an additional 65,164 shares in the last quarter. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Stock Up 3.3 %

Shares of Banco Bilbao Vizcaya Argentaria stock traded up $0.35 on Wednesday, reaching $10.85. 758,950 shares of the company were exchanged, compared to its average volume of 1,381,650. 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 current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.24. The company has a 50-day moving average of $10.79 and a 200 day moving average of $9.47. The company has a market capitalization of $64.73 billion, a price-to-earnings ratio of 7.80, a PEG ratio of 0.59 and a beta of 1.33.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Monday, January 29th. The bank reported $0.37 EPS for the quarter, beating 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 firm had revenue of $8.01 billion during the quarter. On average, equities research analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.54 earnings per share 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. Investors of record on Tuesday, April 9th will be issued a dividend of $0.1695 per share. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.17. The ex-dividend date is Monday, April 8th. This represents a dividend yield of 4.3%. Banco Bilbao Vizcaya Argentaria’s payout ratio is presently 49.64%.

Analysts Set New Price Targets

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