South Texas Money Management Ltd. Purchases New Stake in Banco Bilbao Vizcaya Argentaria SA (BBVA)

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South Texas Money Management Ltd. purchased a new stake in Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 10,133 shares of the bank’s stock, valued at approximately $58,000.

A number of other hedge funds have also modified their holdings of BBVA. Jane Street Group LLC boosted its position in Banco Bilbao Vizcaya Argentaria by 1,432.6% in the 4th quarter. Jane Street Group LLC now owns 2,945,378 shares of the bank’s stock valued at $15,581,000 after buying an additional 2,753,195 shares during the period. Weatherstone Capital Management acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at $5,881,000. SG Americas Securities LLC raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 623.6% in the 4th quarter. SG Americas Securities LLC now owns 1,002,287 shares of the bank’s stock valued at $5,302,000 after purchasing an additional 863,772 shares in the last quarter. Norges Bank acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at $2,593,000. Finally, Heathbridge Capital Management Ltd. raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 7.9% in the 4th quarter. Heathbridge Capital Management Ltd. now owns 4,506,400 shares of the bank’s stock valued at $23,839,000 after purchasing an additional 329,800 shares in the last quarter.

Shares of BBVA opened at $6.28 on Wednesday. Banco Bilbao Vizcaya Argentaria SA has a twelve month low of $4.99 and a twelve month high of $8.18. The firm has a market capitalization of $40.78 billion, a PE ratio of 7.14, a PEG ratio of 3.70 and a beta of 0.95. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.16.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings data on Friday, February 1st. The bank reported $0.16 earnings per share for the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 24.54% and a return on equity of 7.66%. The business had revenue of $5.46 billion for the quarter. Equities analysts expect that Banco Bilbao Vizcaya Argentaria SA will post 0.72 EPS for the current year.

The business also recently declared a semiannual dividend, which will be paid on Monday, April 29th. Investors of record on Tuesday, April 9th will be paid a dividend of $0.1821 per share. The ex-dividend date of this dividend is Monday, April 8th. This represents a yield of 6.02%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is currently 32.95%.

BBVA has been the topic of a number of analyst reports. HSBC lowered shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Tuesday, January 15th. ValuEngine lowered shares of Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “strong sell” rating in a report on Friday, March 1st. Deutsche Bank upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Monday, April 1st. Finally, Zacks Investment Research lowered shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “sell” rating in a report on Tuesday, December 18th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $6.75.

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Banco Bilbao Vizcaya Argentaria Profile

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. The company accepts various deposits, such as current and savings accounts, term deposits, subordinated deposits, and other accounts. It also offers loan products; and foreclosed real-estate assets from residential mortgages and developers, as well as lending to developers.

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Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria (NYSE:BBVA)

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