Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Position Raised by Baron Wealth Management LLC

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

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Dimensional Fund Advisors LP raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 5.9% during the second quarter. Dimensional Fund Advisors LP now owns 11,103,927 shares of the bank’s stock valued at $111,371,000 after purchasing an additional 619,836 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 9.9% during the second quarter. Envestnet Asset Management Inc. now owns 4,412,058 shares of the bank’s stock valued at $44,253,000 after purchasing an additional 396,829 shares in the last quarter. Clearbridge Investments LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 172.8% during the second quarter. Clearbridge Investments LLC now owns 3,096,738 shares of the bank’s stock valued at $31,060,000 after purchasing an additional 1,961,553 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 24.2% during the second quarter. American Century Companies Inc. now owns 1,890,079 shares of the bank’s stock valued at $18,957,000 after purchasing an additional 368,660 shares in the last quarter. Finally, Crossmark Global Holdings Inc. raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 5.8% during the third quarter. Crossmark Global Holdings Inc. now owns 1,270,460 shares of the bank’s stock valued at $13,772,000 after purchasing an additional 70,192 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors.

Banco Bilbao Vizcaya Argentaria Trading Up 1.4 %

Shares of BBVA opened at $9.96 on Tuesday. The business’s 50-day moving average price is $10.18 and its 200 day moving average price is $10.32. The stock has a market capitalization of $58.15 billion, a P/E ratio of 5.72, a P/E/G ratio of 0.97 and a beta of 1.31. Banco Bilbao Vizcaya Argentaria, S.A. has a 1-year low of $8.63 and a 1-year high of $12.20.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Friday, October 25th. Investors of record on Wednesday, October 9th were paid a $0.3244 dividend. The ex-dividend date was Wednesday, October 9th. This represents a yield of 5.6%. This is a boost 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%.

Wall Street Analysts Forecast Growth

BBVA has been the topic of a number of recent analyst reports. Citigroup upgraded shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research note on Friday, August 9th. Royal Bank of Canada upgraded shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research report on Wednesday, July 31st. Finally, StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria 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.