Huntington National Bank Boosts Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Huntington National Bank lifted its position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 96.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,616 shares of the bank’s stock after buying an additional 1,778 shares during the quarter. Huntington National Bank’s holdings in Banco Bilbao Vizcaya Argentaria were worth $35,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of BBVA. Charles Schwab Investment Management Inc. grew its position in shares of Banco Bilbao Vizcaya Argentaria by 21.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 377,530 shares of the bank’s stock valued at $4,092,000 after purchasing an additional 65,852 shares in the last quarter. Centiva Capital LP boosted its stake in Banco Bilbao Vizcaya Argentaria by 168.9% during the third quarter. Centiva Capital LP now owns 32,291 shares of the bank’s stock valued at $350,000 after buying an additional 20,281 shares during the period. HighTower Advisors LLC grew its position in Banco Bilbao Vizcaya Argentaria by 6.6% during the third quarter. HighTower Advisors LLC now owns 290,438 shares of the bank’s stock worth $3,148,000 after buying an additional 18,025 shares in the last quarter. Point72 Asset Management L.P. increased its stake in Banco Bilbao Vizcaya Argentaria by 138.2% in the 3rd quarter. Point72 Asset Management L.P. now owns 138,500 shares of the bank’s stock worth $1,501,000 after acquiring an additional 80,364 shares during the last quarter. Finally, Quantinno Capital Management LP raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 17.1% in the 3rd quarter. Quantinno Capital Management LP now owns 326,458 shares of the bank’s stock valued at $3,539,000 after acquiring an additional 47,749 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

BBVA has been the subject of several recent analyst reports. StockNews.com lowered Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Friday, March 28th. Kepler Capital Markets raised shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research note on Thursday, February 27th. Finally, Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of NYSE BBVA opened at $11.93 on Tuesday. The stock has a market cap of $69.62 billion, a price-to-earnings ratio of 6.59, a P/E/G ratio of 0.80 and a beta of 1.00. The stock’s 50-day moving average is $13.11 and its 200 day moving average is $11.15. The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16. Banco Bilbao Vizcaya Argentaria, S.A. has a 1-year low of $9.23 and a 1-year high of $14.84.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates 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%. On average, sell-side analysts anticipate 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 disclosed a semi-annual dividend, which will be paid on Friday, April 25th. Stockholders of record on Wednesday, April 9th will be issued a $0.4439 dividend. The ex-dividend date of this dividend is Wednesday, April 9th. This represents a dividend yield of 4.3%. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.11. Banco Bilbao Vizcaya Argentaria’s payout ratio is currently 39.23%.

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.