Huntington National Bank Purchases 1,778 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Huntington National Bank boosted its position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 96.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 3,616 shares of the bank’s stock after acquiring an additional 1,778 shares during the period. 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 hedge funds have also recently modified their holdings of BBVA. GAMMA Investing LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 19.7% in the fourth quarter. GAMMA Investing LLC now owns 10,866 shares of the bank’s stock worth $106,000 after purchasing an additional 1,792 shares during the last quarter. American Century Companies Inc. grew its position in shares of Banco Bilbao Vizcaya Argentaria by 7.5% in the 4th quarter. American Century Companies Inc. now owns 2,226,849 shares of the bank’s stock worth $21,645,000 after buying an additional 156,006 shares during the last quarter. Savant Capital LLC increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 10.0% during the fourth quarter. Savant Capital LLC now owns 47,217 shares of the bank’s stock valued at $459,000 after buying an additional 4,302 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 21.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 377,530 shares of the bank’s stock valued at $4,092,000 after acquiring an additional 65,852 shares in the last quarter. Finally, HB Wealth Management LLC purchased a new stake in Banco Bilbao Vizcaya Argentaria in the fourth quarter worth $124,000. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Stock Down 2.4 %

Shares of Banco Bilbao Vizcaya Argentaria stock opened at $11.93 on Tuesday. The stock has a market capitalization of $69.62 billion, a PE ratio of 6.59, a price-to-earnings-growth ratio of 0.80 and a beta of 1.00. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01. The company has a 50-day simple moving average of $13.11 and a two-hundred day simple moving average of $11.15. Banco Bilbao Vizcaya Argentaria, S.A. has a 52-week low of $9.23 and a 52-week high of $14.84.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, topping the consensus estimate 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, 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 firm 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 dividend of $0.4439 per share. The ex-dividend date of this dividend is Wednesday, April 9th. 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. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is presently 39.23%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on BBVA. Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. 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, StockNews.com downgraded Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Friday, March 28th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, 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.