Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Holdings Raised by Raymond James & Associates

Raymond James & Associates increased its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 91.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 776,389 shares of the bank's stock after acquiring an additional 369,971 shares during the period. Raymond James & Associates' holdings in Banco Bilbao Vizcaya Argentaria were worth $8,416,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of BBVA. Rothschild Investment LLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria during the second quarter worth about $40,000. Ashton Thomas Private Wealth LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the 2nd quarter valued at $43,000. Benjamin F. Edwards & Company Inc. increased its holdings in Banco Bilbao Vizcaya Argentaria by 67.8% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank's stock valued at $49,000 after purchasing an additional 1,990 shares during the period. Whittier Trust Co. of Nevada Inc. raised its stake in Banco Bilbao Vizcaya Argentaria by 567.5% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 4,646 shares of the bank's stock worth $55,000 after buying an additional 3,950 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in Banco Bilbao Vizcaya Argentaria by 48.2% during the first quarter. Russell Investments Group Ltd. now owns 5,788 shares of the bank's stock worth $69,000 after acquiring an additional 1,882 shares in the last quarter. Institutional investors and hedge funds own 2.96% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on BBVA. Citigroup upgraded shares of Banco Bilbao Vizcaya Argentaria to a "strong-buy" rating in a research report on Friday, August 9th. Royal Bank of Canada raised Banco Bilbao Vizcaya Argentaria to a "moderate buy" rating in a research report on Wednesday, July 31st. One investment 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's stock. Based on data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria presently has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Stock Performance

NYSE BBVA traded up $0.08 on Wednesday, reaching $9.83. 156,637 shares of the company's stock traded hands, compared to its average volume of 1,463,570. The stock has a 50 day moving average price of $10.32 and a 200-day moving average price of $10.43. Banco Bilbao Vizcaya Argentaria, S.A. has a fifty-two week low of $7.76 and a fifty-two week high of $12.20. The firm has a market cap of $57.39 billion, a price-to-earnings ratio of 6.64, a P/E/G ratio of 1.10 and a beta of 1.30.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The bank reported $0.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.48 by $0.03. Banco Bilbao Vizcaya Argentaria had a return on equity of 16.40% and a net margin of 27.55%. The firm had revenue of $9.93 billion during the quarter. During the same period in the previous year, the business posted $0.36 earnings per share. As a group, equities research analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.75 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Friday, October 25th. Stockholders of record on Wednesday, October 9th were paid a dividend of $0.3244 per share. 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. The ex-dividend date of this dividend was Wednesday, October 9th. Banco Bilbao Vizcaya Argentaria's payout ratio is 34.69%.

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.