OneDigital Investment Advisors LLC raised its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA – Free Report) by 65.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 33,156 shares of the bank’s stock after purchasing an additional 13,134 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $359,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the stock. Russell Investments Group Ltd. grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 48.2% in the first quarter. Russell Investments Group Ltd. now owns 5,788 shares of the bank’s stock worth $69,000 after purchasing an additional 1,882 shares during the last quarter. Acadian Asset Management LLC purchased a new position in shares of Banco Bilbao Vizcaya Argentaria during the first quarter valued at approximately $464,000. Capital Research Global Investors raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 56.2% during the first quarter. Capital Research Global Investors now owns 233,631 shares of the bank’s stock valued at $2,766,000 after acquiring an additional 84,063 shares in the last quarter. Capital World Investors lifted its stake in Banco Bilbao Vizcaya Argentaria by 3.2% in the first quarter. Capital World Investors now owns 175,823 shares of the bank’s stock worth $2,082,000 after acquiring an additional 5,379 shares during the period. Finally, Ascent Group LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria by 11.4% in the first quarter. Ascent Group LLC now owns 24,040 shares of the bank’s stock valued at $285,000 after acquiring an additional 2,458 shares in the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts have commented on the stock. Royal Bank of Canada upgraded shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a report on Wednesday, July 31st. Citigroup raised shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research note on Friday, August 9th. Finally, StockNews.com raised 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 assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.
Banco Bilbao Vizcaya Argentaria Trading Down 0.5 %
Shares of Banco Bilbao Vizcaya Argentaria stock opened at $9.70 on Friday. The firm has a market capitalization of $56.60 billion, a P/E ratio of 5.57, a P/E/G ratio of 0.97 and a beta of 1.31. Banco Bilbao Vizcaya Argentaria, S.A. has a 12 month low of $8.63 and a 12 month high of $12.20. The business has a fifty day simple moving average of $10.17 and a two-hundred day simple moving average of $10.31.
Banco Bilbao Vizcaya Argentaria Increases Dividend
The business also recently declared a Semi-Annual dividend, which was paid on Friday, October 25th. Stockholders of record on Wednesday, October 9th were given a $0.3244 dividend. This is a boost from Banco Bilbao Vizcaya Argentaria’s previous Semi-Annual dividend of $0.11. This represents a dividend yield of 5.6%. The ex-dividend date of this dividend was Wednesday, October 9th. Banco Bilbao Vizcaya Argentaria’s payout ratio is currently 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.
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