Altrius Capital Management Inc Reduces Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Altrius Capital Management Inc reduced its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 10.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 759,882 shares of the bank's stock after selling 88,183 shares during the quarter. Banco Bilbao Vizcaya Argentaria comprises 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC bought a new stake in Banco Bilbao Vizcaya Argentaria in the first quarter worth approximately $133,000. Sei Investments Co. increased its holdings in Banco Bilbao Vizcaya Argentaria by 6.6% in the first quarter. Sei Investments Co. now owns 326,656 shares of the bank's stock worth $3,868,000 after purchasing an additional 20,143 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in Banco Bilbao Vizcaya Argentaria by 48.2% in the first quarter. Russell Investments Group Ltd. now owns 5,788 shares of the bank's stock worth $69,000 after purchasing an additional 1,882 shares in the last quarter. Orion Portfolio Solutions LLC increased its holdings in Banco Bilbao Vizcaya Argentaria by 1.5% in the first quarter. Orion Portfolio Solutions LLC now owns 82,947 shares of the bank's stock worth $982,000 after purchasing an additional 1,217 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new stake in Banco Bilbao Vizcaya Argentaria in the first quarter worth approximately $464,000. 2.96% of the stock is owned by institutional investors and hedge funds.

Banco Bilbao Vizcaya Argentaria Stock Up 3.0 %

BBVA stock traded up $0.29 during midday trading on Friday, hitting $9.83. The company's stock had a trading volume of 2,634,770 shares, compared to its average volume of 1,499,277. The stock's 50-day moving average price is $10.18 and its 200 day moving average price is $10.34. Banco Bilbao Vizcaya Argentaria, S.A. has a 1 year low of $8.63 and a 1 year high of $12.20. The stock has a market cap of $57.36 billion, a price-to-earnings ratio of 5.66, a PEG ratio of 0.92 and a beta of 1.31.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently disclosed a Semi-Annual dividend, which was paid on Friday, October 25th. Shareholders of record on Wednesday, October 9th were given a $0.3244 dividend. The ex-dividend date of this dividend was Wednesday, October 9th. This represents a yield of 5.6%. This is a boost from Banco Bilbao Vizcaya Argentaria's previous Semi-Annual dividend of $0.11. Banco Bilbao Vizcaya Argentaria's payout ratio is currently 29.31%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Citigroup upgraded Banco Bilbao Vizcaya Argentaria to a "strong-buy" rating in a report 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. One analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria 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.