American Century Companies Inc. Has $21.65 Million Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

American Century Companies Inc. increased its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 7.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,226,849 shares of the bank’s stock after acquiring an additional 156,006 shares during the period. American Century Companies Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $21,645,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the fourth quarter worth about $7,333,000. FMR LLC grew its holdings in Banco Bilbao Vizcaya Argentaria by 5.7% in the 3rd quarter. FMR LLC now owns 6,370,344 shares of the bank’s stock valued at $69,055,000 after buying an additional 344,355 shares during the last quarter. Summit Global Investments increased its position in Banco Bilbao Vizcaya Argentaria by 105.5% in the 4th quarter. Summit Global Investments now owns 539,796 shares of the bank’s stock worth $5,247,000 after buying an additional 277,164 shares during the period. BNP Paribas Financial Markets lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 190.0% during the third quarter. BNP Paribas Financial Markets now owns 364,371 shares of the bank’s stock worth $3,950,000 after buying an additional 238,712 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at approximately $2,046,000. Institutional investors and hedge funds own 2.96% of the company’s stock.

Wall Street Analysts Forecast Growth

BBVA has been the subject of several research analyst reports. StockNews.com cut shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research note on Friday. Hsbc Global Res upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. Finally, Kepler Capital Markets upgraded Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research note on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of Banco Bilbao Vizcaya Argentaria stock opened at $13.73 on Monday. The firm has a market cap of $80.13 billion, a P/E ratio of 7.58, a price-to-earnings-growth ratio of 0.80 and a beta of 1.26. The firm’s 50-day simple moving average is $12.86 and its 200-day simple moving average is $11.04. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $9.23 and a twelve month high of $14.84. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%. As a group, research analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Friday, April 25th. Stockholders of record on Wednesday, April 9th will be paid a $0.4439 dividend. This represents a dividend yield of 4.3%. The ex-dividend date of this dividend is Wednesday, April 9th. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.11. Banco Bilbao Vizcaya Argentaria’s payout ratio is currently 39.23%.

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.