Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Hits New 1-Year High at $12.19

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $12.19 and last traded at $12.19, with a volume of 140608 shares. The stock had previously closed at $11.92.

Analyst Upgrades and Downgrades

Separately, Barclays lowered Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a research report on Monday, March 25th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Price Performance

The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.24. The firm has a market cap of $72.66 billion, a price-to-earnings ratio of 8.76, a price-to-earnings-growth ratio of 0.65 and a beta of 1.33. The stock has a 50-day moving average of $10.46 and a two-hundred day moving average of $9.26.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings results on Monday, January 29th. The bank reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.02. Banco Bilbao Vizcaya Argentaria had a return on equity of 14.85% and a net margin of 27.15%. The business had revenue of $8.01 billion during the quarter. On average, analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.54 EPS for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Thursday, April 25th. Shareholders of record on Tuesday, April 9th will be given a dividend of $0.1695 per share. The ex-dividend date is Monday, April 8th. This is a positive change from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.17. This represents a yield of 4.3%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is presently 19.42%.

Institutional Investors Weigh In On Banco Bilbao Vizcaya Argentaria

A number of institutional investors have recently bought and sold shares of the business. Benjamin F. Edwards & Company Inc. acquired a new position in Banco Bilbao Vizcaya Argentaria in the fourth quarter worth $28,000. Spire Wealth Management raised its position in shares of Banco Bilbao Vizcaya Argentaria by 237.7% during the fourth quarter. Spire Wealth Management now owns 4,120 shares of the bank’s stock worth $36,000 after acquiring an additional 2,900 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of Banco Bilbao Vizcaya Argentaria by 139.8% during the fourth quarter. Russell Investments Group Ltd. now owns 3,906 shares of the bank’s stock worth $36,000 after acquiring an additional 2,277 shares during the last quarter. Brown Brothers Harriman & Co. increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 124.8% in the first quarter. Brown Brothers Harriman & Co. now owns 6,859 shares of the bank’s stock worth $39,000 after acquiring an additional 3,808 shares in the last quarter. Finally, GAMMA Investing LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the fourth quarter worth about $44,000. 2.96% of the stock is currently owned by institutional investors and hedge funds.

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.