Dorsey Wright & Associates Cuts Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Dorsey Wright & Associates cut its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 22.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 282,536 shares of the bank’s stock after selling 80,855 shares during the period. Dorsey Wright & Associates’ holdings in Banco Bilbao Vizcaya Argentaria were worth $2,746,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Brooklyn Investment Group grew its holdings in Banco Bilbao Vizcaya Argentaria by 120.7% during the 4th quarter. Brooklyn Investment Group now owns 3,540 shares of the bank’s stock worth $34,000 after acquiring an additional 1,936 shares in the last quarter. Barclays PLC purchased a new position in Banco Bilbao Vizcaya Argentaria in the third quarter valued at $41,000. Avion Wealth acquired a new stake in Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at $39,000. Sierra Ocean LLC purchased a new stake in Banco Bilbao Vizcaya Argentaria during the 4th quarter worth about $49,000. Finally, IFP Advisors Inc boosted its position 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 acquiring an additional 930 shares in the last quarter. 2.96% of the stock is currently owned by hedge funds and other institutional investors.

Banco Bilbao Vizcaya Argentaria Stock Down 2.9 %

Shares of NYSE BBVA opened at $13.73 on Friday. The stock has a market cap of $80.13 billion, a PE ratio of 7.58, a price-to-earnings-growth ratio of 0.80 and a beta of 1.26. Banco Bilbao Vizcaya Argentaria, S.A. has a 52-week low of $9.23 and a 52-week high of $14.84. The business has a 50-day moving average price of $12.86 and a 200 day moving average price of $11.03. The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, beating the consensus estimate of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a net margin of 28.10% and a return on equity of 17.49%. Equities research analysts forecast 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 disclosed a semi-annual dividend, which will be paid on Friday, April 25th. Shareholders of record on Wednesday, April 9th will be paid a dividend of $0.4439 per share. The ex-dividend date of this dividend is Wednesday, April 9th. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.11. This represents a yield of 4.3%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is currently 39.23%.

Analysts Set New Price Targets

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