Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Stake Lifted by West Family Investments Inc.

West Family Investments Inc. increased its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 14.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,660 shares of the bank’s stock after buying an additional 4,083 shares during the quarter. West Family Investments Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $343,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in BBVA. Signaturefd LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 0.9% in the second quarter. Signaturefd LLC now owns 109,672 shares of the bank’s stock worth $1,100,000 after purchasing an additional 993 shares in the last quarter. Optas LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 6.0% in the second quarter. Optas LLC now owns 18,708 shares of the bank’s stock worth $188,000 after purchasing an additional 1,053 shares in the last quarter. Traveka Wealth LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 10.0% in the second quarter. Traveka Wealth LLC now owns 12,751 shares of the bank’s stock worth $128,000 after purchasing an additional 1,156 shares in the last quarter. Baron Wealth Management LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 4.8% in the third quarter. Baron Wealth Management LLC now owns 25,236 shares of the bank’s stock worth $274,000 after purchasing an additional 1,166 shares in the last quarter. Finally, Chickasaw Capital Management LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 2.9% in the second quarter. Chickasaw Capital Management LLC now owns 42,654 shares of the bank’s stock worth $428,000 after purchasing an additional 1,207 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on BBVA. Citigroup raised Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research note on Friday, August 9th. Royal Bank of Canada upgraded Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a report on Wednesday, July 31st. Finally, StockNews.com upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. One equities research 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Down 0.9 %

Shares of NYSE BBVA opened at $9.87 on Wednesday. Banco Bilbao Vizcaya Argentaria, S.A. has a 12 month low of $8.63 and a 12 month high of $12.20. The company has a market cap of $57.62 billion, a price-to-earnings ratio of 5.67, a P/E/G ratio of 0.97 and a beta of 1.31. The business has a fifty day simple moving average of $10.18 and a 200-day simple moving average of $10.31.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently announced 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 is currently 29.31%.

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.