Point72 Asset Management L.P. Raises Stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Point72 Asset Management L.P. boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 122.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 307,720 shares of the bank’s stock after acquiring an additional 169,220 shares during the period. Point72 Asset Management L.P.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $2,991,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of BBVA. Dimensional Fund Advisors LP raised its holdings in Banco Bilbao Vizcaya Argentaria by 1.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 11,481,085 shares of the bank’s stock worth $111,596,000 after buying an additional 163,044 shares during the last quarter. Northern Trust Corp raised its holdings in Banco Bilbao Vizcaya Argentaria by 48.6% in the fourth quarter. Northern Trust Corp now owns 7,418,877 shares of the bank’s stock worth $72,111,000 after buying an additional 2,424,880 shares during the last quarter. Bank of America Corp DE raised its holdings in Banco Bilbao Vizcaya Argentaria by 13.7% in the fourth quarter. Bank of America Corp DE now owns 5,108,410 shares of the bank’s stock worth $49,654,000 after buying an additional 613,563 shares during the last quarter. Symmetry Investments LP purchased a new position in Banco Bilbao Vizcaya Argentaria in the fourth quarter worth about $27,647,000. Finally, American Century Companies Inc. raised its holdings in Banco Bilbao Vizcaya Argentaria by 7.5% in the fourth quarter. American Century Companies Inc. now owns 2,226,849 shares of the bank’s stock worth $21,645,000 after buying an additional 156,006 shares during the last quarter. 2.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Friday, January 31st. StockNews.com raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research note on Thursday, February 27th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of BBVA opened at $15.57 on Wednesday. The firm has a fifty day simple moving average of $13.87 and a two-hundred day simple moving average of $11.96. The firm has a market cap of $90.90 billion, a PE ratio of 8.60, a P/E/G ratio of 0.80 and a beta of 1.05. 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, S.A. has a 1-year low of $9.23 and a 1-year high of $15.69.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its quarterly earnings data on Tuesday, April 29th. The bank reported $0.47 EPS for the quarter, hitting the consensus estimate of $0.47. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. The company had revenue of $10.61 billion during the quarter, compared to analyst estimates of $9.12 billion. On average, equities analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Friday, April 25th. Shareholders of record on Wednesday, April 9th were paid a dividend of $0.4439 per share. This represents a yield of 4.3%. This is a positive change from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.11. The ex-dividend date of this dividend was Wednesday, April 9th. Banco Bilbao Vizcaya Argentaria’s payout ratio is presently 39.15%.

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.