Cerity Partners LLC Has $4.27 Million Stock Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Cerity Partners LLC increased its position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 37.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 393,458 shares of the bank's stock after buying an additional 106,869 shares during the period. Cerity Partners LLC's holdings in Banco Bilbao Vizcaya Argentaria were worth $4,265,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Rothschild Investment LLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria during the 2nd quarter worth approximately $40,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 2nd quarter worth about $43,000. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 67.8% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank's stock worth $49,000 after buying an additional 1,990 shares during the period. Russell Investments Group Ltd. grew its stake in Banco Bilbao Vizcaya Argentaria by 48.2% in the 1st quarter. Russell Investments Group Ltd. now owns 5,788 shares of the bank's stock valued at $69,000 after buying an additional 1,882 shares during the last quarter. Finally, Reston Wealth Management LLC acquired a new stake in Banco Bilbao Vizcaya Argentaria during the third quarter worth approximately $72,000. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently commented 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 research note on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of Banco Bilbao Vizcaya Argentaria stock traded up $0.20 on Friday, hitting $9.45. The stock had a trading volume of 760,309 shares, compared to its average volume of 1,496,632. The stock has a 50 day moving average of $10.03 and a 200 day moving average of $10.25. The firm has a market capitalization of $55.14 billion, a P/E ratio of 5.43, a PEG ratio of 0.91 and a beta of 1.31. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $8.63 and a twelve month high of $12.20.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Friday, October 25th. Shareholders of record on Wednesday, October 9th were issued a dividend of $0.3244 per share. This is a positive change from Banco Bilbao Vizcaya Argentaria's previous Semi-Annual dividend of $0.11. The ex-dividend date of this dividend was Wednesday, October 9th. This represents a yield of 5.6%. 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.