Townsquare Capital LLC raised its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 61.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 237,922 shares of the bank's stock after buying an additional 90,264 shares during the period. Townsquare Capital LLC's holdings in Banco Bilbao Vizcaya Argentaria were worth $2,579,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Signaturefd LLC lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 0.9% during the second quarter. Signaturefd LLC now owns 109,672 shares of the bank's stock worth $1,100,000 after buying an additional 993 shares during the last quarter. Optas LLC lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 6.0% in the second quarter. Optas LLC now owns 18,708 shares of the bank's stock valued at $188,000 after buying an additional 1,053 shares during the last quarter. Traveka Wealth LLC lifted its holdings in Banco Bilbao Vizcaya Argentaria by 10.0% during the 2nd quarter. Traveka Wealth LLC now owns 12,751 shares of the bank's stock worth $128,000 after purchasing an additional 1,156 shares during the last quarter. Baron Wealth Management LLC increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 4.8% in the 3rd quarter. Baron Wealth Management LLC now owns 25,236 shares of the bank's stock valued at $274,000 after purchasing an additional 1,166 shares during the last quarter. Finally, Chickasaw Capital Management LLC grew its position in Banco Bilbao Vizcaya Argentaria by 2.9% during the 2nd quarter. Chickasaw Capital Management LLC now owns 42,654 shares of the bank's stock worth $428,000 after acquiring an additional 1,207 shares during the last quarter. Institutional investors and hedge funds own 2.96% of the company's stock.
Analyst Ratings Changes
A number of research analysts recently weighed in on BBVA shares. Citigroup raised Banco Bilbao Vizcaya Argentaria to a "strong-buy" rating in a research note on Friday, August 9th. StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "buy" rating in a report on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy".
Read Our Latest Stock Report on Banco Bilbao Vizcaya Argentaria
Banco Bilbao Vizcaya Argentaria Stock Performance
NYSE BBVA traded up $0.20 during trading on Friday, hitting $9.45. The stock had a trading volume of 760,309 shares, compared to its average volume of 1,776,074. The stock has a market capitalization of $55.17 billion, a price-to-earnings ratio of 5.43, a P/E/G ratio of 0.93 and a beta of 1.31. The stock has a 50 day simple moving average of $10.03 and a 200 day simple moving average of $10.25. Banco Bilbao Vizcaya Argentaria, S.A. has a one year low of $8.63 and a one year high of $12.20.
Banco Bilbao Vizcaya Argentaria Increases Dividend
The company also recently announced a Semi-Annual dividend, which was paid on Friday, October 25th. Shareholders of record on Wednesday, October 9th were paid a $0.3244 dividend. This represents a yield of 5.6%. This is an increase 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 dividend payout ratio (DPR) is 29.31%.
About Banco Bilbao Vizcaya Argentaria
(
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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