Stifel Financial Corp Raises Stock Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Stifel Financial Corp lifted its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 10.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 348,248 shares of the bank’s stock after buying an additional 31,600 shares during the quarter. Stifel Financial Corp’s holdings in Banco Bilbao Vizcaya Argentaria were worth $3,775,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Signaturefd LLC grew its position in shares of Banco Bilbao Vizcaya Argentaria by 0.9% in the 2nd 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 period. Optas LLC grew its holdings in Banco Bilbao Vizcaya Argentaria by 6.0% in the second quarter. Optas LLC now owns 18,708 shares of the bank’s stock worth $188,000 after purchasing an additional 1,053 shares during the period. Baron Wealth Management LLC lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 4.8% during the third 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. Hennion & Walsh Asset Management Inc. boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 1.4% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 99,817 shares of the bank’s stock worth $1,001,000 after purchasing an additional 1,376 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 4.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 33,510 shares of the bank’s stock worth $353,000 after buying an additional 1,392 shares during the last quarter. Institutional investors own 2.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of BBVA stock opened at $10.19 on Tuesday. The company has a market capitalization of $59.46 billion, a price-to-earnings ratio of 5.85, a price-to-earnings-growth ratio of 0.98 and a beta of 1.28. Banco Bilbao Vizcaya Argentaria, S.A. has a one year low of $8.63 and a one year high of $12.20. The company’s 50-day moving average is $9.86 and its 200 day moving average is $10.18.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently disclosed a Semi-Annual dividend, which was paid on Friday, October 25th. Investors of record on Wednesday, October 9th were issued a $0.3244 dividend. This is a positive change from Banco Bilbao Vizcaya Argentaria’s previous Semi-Annual dividend of $0.11. This represents a yield of 5.6%. The ex-dividend date of this dividend was Wednesday, October 9th. Banco Bilbao Vizcaya Argentaria’s payout ratio is presently 29.31%.

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.