Charles Schwab Investment Management Inc. Raises Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Charles Schwab Investment Management Inc. lifted its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 17.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 444,961 shares of the bank’s stock after purchasing an additional 67,431 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $4,325,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of BBVA. IFP Advisors Inc increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 20.7% during the 4th quarter. IFP Advisors Inc now owns 5,420 shares of the bank’s stock worth $53,000 after purchasing an additional 930 shares in the last quarter. AdvisorNet Financial Inc increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 5.5% during the 4th quarter. AdvisorNet Financial Inc now owns 21,044 shares of the bank’s stock worth $205,000 after buying an additional 1,100 shares during the last quarter. Chickasaw Capital Management LLC grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 2.6% during the 4th quarter. Chickasaw Capital Management LLC now owns 43,769 shares of the bank’s stock worth $425,000 after purchasing an additional 1,115 shares during the period. Checchi Capital Advisers LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 3.6% in the 4th quarter. Checchi Capital Advisers LLC now owns 38,717 shares of the bank’s stock valued at $376,000 after acquiring an additional 1,344 shares during the period. Finally, Perigon Wealth Management LLC lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 8.2% during the fourth quarter. Perigon Wealth Management LLC now owns 21,632 shares of the bank’s stock worth $231,000 after purchasing an additional 1,640 shares in the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Trading Down 1.9 %

Shares of Banco Bilbao Vizcaya Argentaria stock opened at $14.22 on Thursday. The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16. The business has a fifty day simple moving average of $12.73 and a 200-day simple moving average of $10.97. Banco Bilbao Vizcaya Argentaria, S.A. has a fifty-two week low of $9.23 and a fifty-two week high of $14.84. The firm has a market cap of $82.99 billion, a price-to-earnings ratio of 7.85, a price-to-earnings-growth ratio of 0.80 and a beta of 1.26.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. On average, equities analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Friday, April 25th. Stockholders of record on Wednesday, April 9th will be given a $0.4439 dividend. This represents a dividend 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 is Wednesday, April 9th. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is 28.18%.

Wall Street Analyst Weigh In

BBVA has been the topic of a number of recent analyst reports. StockNews.com lowered shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday, March 15th. Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. 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 equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus 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.