Noesis Capital Mangement Corp Lowers Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Noesis Capital Mangement Corp cut its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 21.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 46,297 shares of the bank’s stock after selling 13,000 shares during the period. Noesis Capital Mangement Corp’s holdings in Banco Bilbao Vizcaya Argentaria were worth $422,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Benjamin F. Edwards & Company Inc. acquired a new stake in Banco Bilbao Vizcaya Argentaria during the fourth quarter worth about $28,000. Russell Investments Group Ltd. lifted its position in 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 valued at $36,000 after buying an additional 2,277 shares in the last quarter. GAMMA Investing LLC purchased a new stake in Banco Bilbao Vizcaya Argentaria during the fourth quarter worth approximately $44,000. Paradigm Asset Management Co. LLC increased its position in shares of Banco Bilbao Vizcaya Argentaria by 66.7% in the third quarter. Paradigm Asset Management Co. LLC now owns 7,000 shares of the bank’s stock worth $56,000 after acquiring an additional 2,800 shares in the last quarter. Finally, Cable Hill Partners LLC purchased a new position in shares of Banco Bilbao Vizcaya Argentaria in the 3rd quarter valued at $84,000. 2.96% of the stock is currently owned by hedge funds and other institutional investors.

Banco Bilbao Vizcaya Argentaria Stock Up 1.6 %

Shares of NYSE:BBVA traded up $0.17 on Friday, reaching $10.59. 3,617,295 shares of the company’s stock were exchanged, compared to its average volume of 2,346,371. Banco Bilbao Vizcaya Argentaria, S.A. has a fifty-two week low of $6.47 and a fifty-two week high of $12.20. The business’s 50-day moving average is $11.09 and its two-hundred day moving average is $9.72. The firm has a market capitalization of $63.17 billion, a price-to-earnings ratio of 7.20, a PEG ratio of 0.55 and a beta of 1.33.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Monday, January 29th. The bank reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.02. The firm had revenue of $8.01 billion for the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 26.90% and a return on equity of 15.34%. Analysts predict that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.54 earnings per share for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Thursday, April 25th. Investors of record on Tuesday, April 9th were paid a dividend of $0.1695 per share. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.17. This represents a yield of 4.3%. The ex-dividend date was Monday, April 8th. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is presently 45.58%.

Analyst Upgrades and Downgrades

Separately, Barclays downgraded Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a report on Monday, March 25th.

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.