Cwm LLC Increases Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Cwm LLC increased its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 15.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,676 shares of the bank’s stock after purchasing an additional 1,743 shares during the quarter. Cwm LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $115,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of BBVA. QRG Capital Management Inc. bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 3rd quarter worth approximately $7,802,000. UBS Group AG raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 56.9% in the 3rd quarter. UBS Group AG now owns 998,161 shares of the bank’s stock worth $8,035,000 after purchasing an additional 362,073 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 9.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,710,950 shares of the bank’s stock worth $29,873,000 after purchasing an additional 309,327 shares during the period. O Shaughnessy Asset Management LLC raised its holdings in Banco Bilbao Vizcaya Argentaria by 25.8% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 1,293,271 shares of the bank’s stock valued at $10,411,000 after acquiring an additional 265,431 shares during the period. Finally, American Century Companies Inc. raised its holdings in Banco Bilbao Vizcaya Argentaria by 10.0% during the 3rd quarter. American Century Companies Inc. now owns 1,497,485 shares of the bank’s stock valued at $12,055,000 after acquiring an additional 136,314 shares during the period. Institutional investors own 2.96% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Barclays cut shares of Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a report on Monday, March 25th.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of BBVA stock opened at $10.93 on Tuesday. The company’s fifty day simple moving average is $11.10 and its two-hundred day simple moving average is $9.76. Banco Bilbao Vizcaya Argentaria, S.A. has a 1 year low of $6.47 and a 1 year high of $12.20. The stock has a market capitalization of $65.17 billion, a price-to-earnings ratio of 7.43, a PEG ratio of 0.56 and a beta of 1.33.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently declared a semi-annual dividend, which was paid on Thursday, April 25th. Stockholders of record on Tuesday, April 9th were issued a $0.1695 dividend. The ex-dividend date was Monday, April 8th. This represents a dividend yield of 4.3%. 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 is presently 46.26%.

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.