Farther Finance Advisors LLC Increases Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Farther Finance Advisors LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 212.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 79,235 shares of the bank's stock after buying an additional 53,898 shares during the quarter. Farther Finance Advisors LLC's holdings in Banco Bilbao Vizcaya Argentaria were worth $859,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Rothschild Investment LLC bought a new position in Banco Bilbao Vizcaya Argentaria in the 2nd quarter worth $40,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the second quarter worth approximately $43,000. Benjamin F. Edwards & Company Inc. raised its position in Banco Bilbao Vizcaya Argentaria by 67.8% in the 2nd 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 last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 567.5% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 4,646 shares of the bank's stock valued at $55,000 after buying an additional 3,950 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its stake in shares of 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 valued at $69,000 after purchasing an additional 1,882 shares during the last quarter. 2.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Citigroup upgraded 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. Finally, StockNews.com cut Banco Bilbao Vizcaya Argentaria from a "buy" rating to a "hold" rating in a report on Monday. One 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 given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold".

Banco Bilbao Vizcaya Argentaria Price Performance

NYSE:BBVA traded up $0.13 during mid-day trading on Tuesday, reaching $10.47. The stock had a trading volume of 791,409 shares, compared to its average volume of 1,463,401. Banco Bilbao Vizcaya Argentaria, S.A. has a 12 month low of $8.18 and a 12 month high of $12.20. The stock has a 50-day simple moving average of $10.28 and a two-hundred day simple moving average of $10.41. The stock has a market capitalization of $61.09 billion, a PE ratio of 6.01, a P/E/G ratio of 1.00 and a beta of 1.31.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently announced a Semi-Annual dividend, which was paid on Friday, October 25th. Stockholders of record on Wednesday, October 9th were paid a $0.3244 dividend. The ex-dividend date of this dividend was Wednesday, October 9th. This is an increase from Banco Bilbao Vizcaya Argentaria's previous Semi-Annual dividend of $0.11. This represents a dividend yield of 5.6%. Banco Bilbao Vizcaya Argentaria's dividend payout ratio (DPR) is currently 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.