BNP Paribas Financial Markets Raises Stock Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

BNP Paribas Financial Markets increased its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 190.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 364,371 shares of the bank's stock after purchasing an additional 238,712 shares during the quarter. BNP Paribas Financial Markets' holdings in Banco Bilbao Vizcaya Argentaria were worth $3,950,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of BBVA. Clearbridge Investments LLC boosted its position 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 valued at $31,060,000 after buying an additional 1,961,553 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Banco Bilbao Vizcaya Argentaria by 5.9% during the 2nd 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. grew its position in Banco Bilbao Vizcaya Argentaria by 9.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,412,058 shares of the bank's stock valued at $44,253,000 after acquiring an additional 396,829 shares during the last quarter. Raymond James & Associates increased its stake in Banco Bilbao Vizcaya Argentaria by 91.0% in the third 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 period. Finally, American Century Companies Inc. increased its stake in Banco Bilbao Vizcaya Argentaria by 24.2% in the second 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 during the period. Hedge funds and other institutional investors own 2.96% of the company's stock.

Banco Bilbao Vizcaya Argentaria Trading Up 4.2 %

Shares of BBVA traded up $0.41 during midday trading on Thursday, reaching $10.11. 1,797,569 shares of the stock were exchanged, compared to its average volume of 1,494,058. The company's 50 day moving average is $9.93 and its two-hundred day moving average is $10.22. The company has a market capitalization of $58.99 billion, a P/E ratio of 5.81, a PEG ratio of 0.95 and a beta of 1.28. 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 firm also recently declared a Semi-Annual dividend, which was paid on Friday, October 25th. Stockholders of record on Wednesday, October 9th were issued a $0.3244 dividend. The ex-dividend date of this dividend was Wednesday, October 9th. This represents a dividend yield of 5.6%. This is a positive change from Banco Bilbao Vizcaya Argentaria's previous Semi-Annual dividend of $0.11. Banco Bilbao Vizcaya Argentaria's payout ratio is currently 29.31%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on BBVA. Citigroup upgraded shares of Banco Bilbao Vizcaya Argentaria to a "strong-buy" rating in a report on Friday, August 9th. StockNews.com raised shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "buy" rating in a research report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy".

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.