Altrius Capital Management Inc Has $8.24 Million Stock Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Altrius Capital Management Inc reduced its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 10.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 759,882 shares of the bank’s stock after selling 88,183 shares during the period. Banco Bilbao Vizcaya Argentaria comprises about 2.1% of Altrius Capital Management Inc’s holdings, making the stock its 11th largest holding. Altrius Capital Management Inc’s holdings in Banco Bilbao Vizcaya Argentaria were worth $8,237,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of BBVA. Clearbridge Investments LLC boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 172.8% during the second quarter. Clearbridge Investments LLC now owns 3,096,738 shares of the bank’s stock worth $31,060,000 after purchasing an additional 1,961,553 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 5.9% during the second quarter. Dimensional Fund Advisors LP now owns 11,103,927 shares of the bank’s stock worth $111,371,000 after acquiring an additional 619,836 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Banco Bilbao Vizcaya Argentaria by 9.9% during the second quarter. Envestnet Asset Management Inc. now owns 4,412,058 shares of the bank’s stock valued at $44,253,000 after purchasing an additional 396,829 shares during the last quarter. Raymond James & Associates increased its position in Banco Bilbao Vizcaya Argentaria by 91.0% in the 3rd quarter. Raymond James & Associates now owns 776,389 shares of the bank’s stock worth $8,416,000 after purchasing an additional 369,971 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 24.2% during the 2nd quarter. American Century Companies Inc. now owns 1,890,079 shares of the bank’s stock worth $18,957,000 after purchasing an additional 368,660 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently weighed in on BBVA. Citigroup raised shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research report on Friday, August 9th. StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Tuesday. Finally, Royal Bank of Canada upgraded Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a report on Wednesday, July 31st. One investment analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Banco Bilbao Vizcaya Argentaria has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Up 3.2 %

NYSE BBVA traded up $0.31 during midday trading on Friday, hitting $9.85. The company had a trading volume of 468,300 shares, compared to its average volume of 1,489,312. The stock has a market cap of $57.50 billion, a price-to-earnings ratio of 5.66, a P/E/G ratio of 0.92 and a beta of 1.31. The firm has a fifty day simple moving average of $10.18 and a two-hundred day simple moving average of $10.34. Banco Bilbao Vizcaya Argentaria, S.A. has a fifty-two week low of $8.63 and a fifty-two week high of $12.20.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently disclosed a Semi-Annual dividend, which was paid on Friday, October 25th. Stockholders of record on Wednesday, October 9th were issued a dividend of $0.3244 per share. This represents a dividend yield of 5.6%. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous Semi-Annual dividend of $0.11. The ex-dividend date was Wednesday, October 9th. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is presently 29.31%.

Banco Bilbao Vizcaya Argentaria Company Profile

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.