Wealthstream Advisors Inc. purchased a new stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,076 shares of the bank’s stock, valued at approximately $109,000.
Several other hedge funds and other institutional investors also recently bought and sold shares of BBVA. Clearbridge Investments LLC grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 172.8% during the 2nd 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 in the last quarter. Dimensional Fund Advisors LP increased its stake in Banco Bilbao Vizcaya Argentaria by 5.9% in the second quarter. Dimensional Fund Advisors LP now owns 11,103,927 shares of the bank’s stock valued at $111,371,000 after acquiring an additional 619,836 shares during the period. Envestnet Asset Management Inc. raised its position in Banco Bilbao Vizcaya Argentaria by 9.9% in the second quarter. Envestnet Asset Management Inc. now owns 4,412,058 shares of the bank’s stock worth $44,253,000 after purchasing an additional 396,829 shares in the last quarter. Raymond James & Associates boosted its holdings in Banco Bilbao Vizcaya Argentaria by 91.0% during the third quarter. Raymond James & Associates now owns 776,389 shares of the bank’s stock valued at $8,416,000 after purchasing an additional 369,971 shares in the last quarter. Finally, American Century Companies Inc. boosted its holdings in Banco Bilbao Vizcaya Argentaria by 24.2% during the second quarter. American Century Companies Inc. now owns 1,890,079 shares of the bank’s stock valued at $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
BBVA has been the subject of several analyst reports. Citigroup upgraded Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research report on Friday, August 9th. StockNews.com raised 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 shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research report on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.
Banco Bilbao Vizcaya Argentaria Stock Performance
Shares of BBVA opened at $9.34 on Thursday. The company has a market cap of $54.53 billion, a price-to-earnings ratio of 5.37, a PEG ratio of 0.93 and a beta of 1.31. The stock has a fifty day moving average price of $10.19 and a two-hundred day moving average price of $10.34. Banco Bilbao Vizcaya Argentaria, S.A. has a 52-week low of $8.63 and a 52-week high of $12.20.
Banco Bilbao Vizcaya Argentaria Increases Dividend
The business also recently declared a Semi-Annual dividend, which was paid on Friday, October 25th. Investors of record on Wednesday, October 9th were given a dividend of $0.3244 per share. 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. This represents a yield of 5.6%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is 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.
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