Capital Research Global Investors Acquires Shares of 149,568 Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Capital Research Global Investors bought a new position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVAFree Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 149,568 shares of the bank’s stock, valued at approximately $1,349,000.

Several other institutional investors also recently modified their holdings of BBVA. Dimensional Fund Advisors LP increased its position in Banco Bilbao Vizcaya Argentaria by 2.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 10,355,974 shares of the bank’s stock valued at $94,342,000 after buying an additional 290,673 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Banco Bilbao Vizcaya Argentaria by 2.0% in the 3rd quarter. Wellington Management Group LLP now owns 6,312,586 shares of the bank’s stock worth $50,816,000 after purchasing an additional 122,652 shares during the last quarter. FMR LLC raised its position in shares of Banco Bilbao Vizcaya Argentaria by 1.7% in the 3rd quarter. FMR LLC now owns 5,763,182 shares of the bank’s stock worth $46,394,000 after purchasing an additional 95,671 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Banco Bilbao Vizcaya Argentaria by 9.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,710,950 shares of the bank’s stock valued at $29,873,000 after purchasing an additional 309,327 shares during the last quarter. Finally, American Century Companies Inc. grew its position 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 purchasing an additional 136,314 shares during the last quarter. 2.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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.

Get Our Latest Stock Analysis on BBVA

Banco Bilbao Vizcaya Argentaria Price Performance

BBVA stock opened at $10.63 on Friday. The stock has a market capitalization of $63.38 billion, a P/E ratio of 7.23, a P/E/G ratio of 0.88 and a beta of 1.31. Banco Bilbao Vizcaya Argentaria, S.A. has a 1-year low of $6.99 and a 1-year high of $12.20. The business has a fifty day moving average price of $10.94 and a 200-day moving average price of $10.15.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVAGet Free Report) last posted its earnings results on Monday, April 29th. The bank reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.05. Banco Bilbao Vizcaya Argentaria had a net margin of 26.90% and a return on equity of 15.34%. The business had revenue of $8.92 billion for the quarter. As a group, analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 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. Shareholders of record on Tuesday, April 9th were given a $0.1695 dividend. This represents a yield of 4.3%. The ex-dividend date was Monday, April 8th. 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 45.58%.

Banco Bilbao Vizcaya Argentaria Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria (NYSE:BBVA)

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