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

Crossmark Global Holdings Inc. increased its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 5.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,270,460 shares of the bank’s stock after purchasing 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 bought and sold shares of the business. Rothschild Investment LLC bought a new position in Banco Bilbao Vizcaya Argentaria in the second quarter worth about $40,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Banco Bilbao Vizcaya Argentaria during the 2nd quarter worth $43,000. Benjamin F. Edwards & Company Inc. boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 67.8% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank’s stock worth $49,000 after acquiring an additional 1,990 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 48.2% during 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 in the last quarter. Finally, Reston Wealth Management LLC bought a new stake in Banco Bilbao Vizcaya Argentaria in the 3rd quarter valued at $72,000. 2.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

BBVA has been the subject of a number of recent analyst reports. StockNews.com cut shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research note on Monday, November 4th. Citigroup upgraded shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research report on Friday, August 9th. Finally, Royal Bank of Canada upgraded shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research report on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, two have 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, the stock presently has a consensus rating of “Hold”.

Banco Bilbao Vizcaya Argentaria Price Performance

NYSE:BBVA traded down $0.25 on Friday, reaching $9.77. The stock had a trading volume of 1,960,011 shares, compared to its average volume of 1,360,794. Banco Bilbao Vizcaya Argentaria, S.A. has a 12-month low of $8.39 and a 12-month high of $12.20. The firm’s fifty day moving average is $10.24 and its two-hundred day moving average is $10.39. The company has a market cap of $57.04 billion, a price-to-earnings ratio of 5.61, a P/E/G ratio of 0.95 and a beta of 1.31.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend was Wednesday, October 9th. 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. 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.