Crossmark Global Holdings Inc. Acquires 70,192 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Crossmark Global Holdings Inc. lifted its position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 5.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,270,460 shares of the bank's stock after buying an additional 70,192 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Banco Bilbao Vizcaya Argentaria were worth $13,772,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of BBVA. Allspring Global Investments Holdings LLC acquired a new stake in Banco Bilbao Vizcaya Argentaria during the first quarter worth about $133,000. Csenge Advisory Group purchased a new position in shares of Banco Bilbao Vizcaya Argentaria in the 1st quarter valued at $173,000. Atomi Financial Group Inc. boosted its position in Banco Bilbao Vizcaya Argentaria by 12.6% during the 1st quarter. Atomi Financial Group Inc. now owns 53,438 shares of the bank's stock worth $633,000 after purchasing an additional 5,964 shares during the period. Sei Investments Co. raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 6.6% during the first quarter. Sei Investments Co. now owns 326,656 shares of the bank's stock valued at $3,868,000 after purchasing an additional 20,143 shares during the period. Finally, Russell Investments Group Ltd. boosted its position 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. Institutional investors and hedge funds own 2.96% of the company's stock.

Banco Bilbao Vizcaya Argentaria Stock Performance

NYSE:BBVA traded down $0.25 during trading hours on Friday, hitting $9.77. 1,960,011 shares of the company's stock traded hands, compared to its average volume of 1,360,794. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $8.39 and a twelve month high of $12.20. The firm has a market cap of $57.04 billion, a P/E ratio of 5.61, a P/E/G ratio of 0.95 and a beta of 1.31. The stock's fifty day moving average price is $10.24 and its two-hundred day moving average price is $10.38.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently declared 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 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 payout ratio is currently 29.31%.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Citigroup upgraded shares of Banco Bilbao Vizcaya Argentaria to a "strong-buy" rating in a research note on Friday, August 9th. StockNews.com downgraded shares of Banco Bilbao Vizcaya Argentaria from a "buy" rating to a "hold" rating in a research report on Monday, November 4th. Finally, Royal Bank of Canada upgraded Banco Bilbao Vizcaya Argentaria to a "moderate buy" rating in a research note on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold".

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.