South Texas Money Management Ltd. Invests $58,000 in Banco Bilbao Vizcaya Argentaria SA (BBVA) Stock

South Texas Money Management Ltd. acquired a new position in shares of Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 10,133 shares of the bank’s stock, valued at approximately $58,000.

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

BBVA has been the topic of several analyst reports. Zacks Investment Research downgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “sell” rating in a report on Tuesday, December 18th. ValuEngine raised shares of Banco Bilbao Vizcaya Argentaria from a “strong sell” rating to a “sell” rating in a report on Wednesday, January 2nd. HSBC downgraded shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Tuesday, January 15th. Finally, Deutsche Bank raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Monday, April 1st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. Banco Bilbao Vizcaya Argentaria presently has an average rating of “Hold” and a consensus price target of $6.75.

Shares of NYSE:BBVA opened at $6.28 on Wednesday. The stock 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 SA has a fifty-two week low of $4.99 and a fifty-two week high of $8.18.

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

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

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About Banco Bilbao Vizcaya Argentaria

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.

See Also: How are Outstanding Shares Different from Authorized Shares?

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

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