Charles Schwab Investment Management Inc. raised its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 21.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 377,530 shares of the bank's stock after buying an additional 65,852 shares during the quarter. Charles Schwab Investment Management Inc.'s holdings in Banco Bilbao Vizcaya Argentaria were worth $4,092,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Rothschild Investment LLC acquired a new position in Banco Bilbao Vizcaya Argentaria during the second quarter worth $40,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria in the second quarter valued at about $43,000. Benjamin F. Edwards & Company Inc. increased its position in Banco Bilbao Vizcaya Argentaria by 67.8% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank's stock worth $49,000 after purchasing an additional 1,990 shares during the last quarter. Reston Wealth Management LLC purchased a new position in Banco Bilbao Vizcaya Argentaria during the third quarter worth about $72,000. Finally, GAMMA Investing LLC raised its stake in Banco Bilbao Vizcaya Argentaria by 39.4% during the third quarter. GAMMA Investing LLC now owns 9,074 shares of the bank's stock worth $98,000 after purchasing an additional 2,563 shares during the period. 2.96% of the stock is currently owned by institutional investors and hedge funds.
Banco Bilbao Vizcaya Argentaria Trading Up 1.2 %
BBVA traded up $0.12 on Friday, hitting $10.19. The company had a trading volume of 2,714,907 shares, compared to its average volume of 1,495,219. The firm has a market cap of $59.49 billion, a P/E ratio of 5.86, a PEG ratio of 0.98 and a beta of 1.28. The company's fifty day moving average price is $9.87 and its 200 day moving average price is $10.19. Banco Bilbao Vizcaya Argentaria, S.A. has a 1 year low of $8.63 and a 1 year high of $12.20.
Banco Bilbao Vizcaya Argentaria Increases Dividend
The business also recently disclosed 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. The ex-dividend date was Wednesday, October 9th. This represents a dividend 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 dividend payout ratio (DPR) is presently 29.31%.
Analyst Ratings Changes
Separately, 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 research analyst has rated the stock with a sell rating, one has issued a hold rating, one has given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Banco Bilbao Vizcaya Argentaria currently has an average rating of "Moderate Buy".
Read Our Latest Report on Banco Bilbao Vizcaya Argentaria
Banco Bilbao Vizcaya Argentaria Company Profile
(
Free Report)
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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