Signaturefd LLC Boosts Stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Signaturefd LLC grew its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 15.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 106,550 shares of the bank’s stock after purchasing an additional 14,302 shares during the period. Signaturefd LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $971,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. CWM LLC increased its holdings in Banco Bilbao Vizcaya Argentaria by 30.8% in the 3rd 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. Warren Street Wealth Advisors LLC raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 22.8% in the 3rd quarter. Warren Street Wealth Advisors LLC now owns 16,475 shares of the bank’s stock valued at $133,000 after buying an additional 3,064 shares during the period. PDS Planning Inc raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 8.9% in the 3rd quarter. PDS Planning Inc now owns 25,054 shares of the bank’s stock valued at $202,000 after buying an additional 2,042 shares during the period. Vicus Capital acquired a new position in Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth about $118,000. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in Banco Bilbao Vizcaya Argentaria by 13.4% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 16,781 shares of the bank’s stock valued at $135,000 after acquiring an additional 1,986 shares during the period. 2.96% of the stock is currently owned by hedge funds and other institutional investors.

Banco Bilbao Vizcaya Argentaria Price Performance

BBVA stock opened at $11.08 on Tuesday. The business’s 50-day moving average is $10.88 and its two-hundred day moving average is $9.56. 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 has a market capitalization of $66.07 billion, a P/E ratio of 7.97, a P/E/G ratio of 0.55 and a beta of 1.33. Banco Bilbao Vizcaya Argentaria, S.A. has a 1 year low of $6.47 and a 1 year high of $12.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its earnings results on Monday, January 29th. The bank reported $0.37 earnings per share for the quarter, beating the consensus estimate 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 for the quarter. Analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.53 earnings per share for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Thursday, April 25th. Investors of record on Tuesday, April 9th will be paid a dividend of $0.1695 per share. The ex-dividend date is Monday, April 8th. This represents a dividend yield of 4.3%. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.17. Banco Bilbao Vizcaya Argentaria’s payout ratio is presently 49.64%.

Wall Street Analysts Forecast Growth

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

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.