Baron Wealth Management LLC Boosts Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Baron Wealth Management LLC grew its position in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 4.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,236 shares of the bank’s stock after purchasing an additional 1,166 shares during the period. Baron Wealth Management LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $274,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Rothschild Investment LLC purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the second quarter valued at approximately $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. grew its position in shares of 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 buying an additional 1,990 shares in the last quarter. Russell Investments Group Ltd. grew its position 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 worth $69,000 after buying an additional 1,882 shares in the last quarter. Finally, Reston Wealth Management LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the third quarter worth approximately $72,000. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Price Performance

Banco Bilbao Vizcaya Argentaria stock opened at $9.96 on Tuesday. The company has a market cap of $58.15 billion, a PE ratio of 5.72, a P/E/G ratio of 0.97 and a beta of 1.31. The company has a fifty day moving average price of $10.18 and a two-hundred day moving average price of $10.32. Banco Bilbao Vizcaya Argentaria, S.A. has a 12 month low of $8.63 and a 12 month high of $12.20.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business 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 a boost 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 presently 29.31%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on BBVA. Royal Bank of Canada raised shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research report on Wednesday, July 31st. 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. Finally, Citigroup raised shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research report on Friday, August 9th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

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.