Raymond James Trust N.A. Acquires New Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Raymond James Trust N.A. bought a new position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 12,523 shares of the bank’s stock, valued at approximately $136,000.

Several other hedge funds have also modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 21.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 377,530 shares of the bank’s stock valued at $4,092,000 after purchasing an additional 65,852 shares during the last quarter. West Family Investments Inc. increased its position in Banco Bilbao Vizcaya Argentaria by 14.8% during the 3rd quarter. West Family Investments Inc. now owns 31,660 shares of the bank’s stock valued at $343,000 after buying an additional 4,083 shares in the last quarter. Baron Wealth Management LLC raised its stake in Banco Bilbao Vizcaya Argentaria by 4.8% in the third quarter. Baron Wealth Management LLC now owns 25,236 shares of the bank’s stock valued at $274,000 after buying an additional 1,166 shares during the last quarter. Thrivent Financial for Lutherans acquired a new stake in Banco Bilbao Vizcaya Argentaria in the third quarter worth about $146,000. Finally, OneDigital Investment Advisors LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 65.6% during the third quarter. OneDigital Investment Advisors LLC now owns 33,156 shares of the bank’s stock worth $359,000 after acquiring an additional 13,134 shares during the last quarter. 2.96% of the stock is 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. Citigroup upgraded shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research note on Friday, August 9th. StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note 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 issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Down 1.2 %

Shares of NYSE BBVA opened at $9.25 on Friday. Banco Bilbao Vizcaya Argentaria, S.A. has a 52 week low of $8.63 and a 52 week high of $12.20. The business’s 50 day moving average price is $10.05 and its 200 day moving average price is $10.26. The firm has a market cap of $54.00 billion, a P/E ratio of 5.32, a P/E/G ratio of 0.95 and a beta of 1.31.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently disclosed a Semi-Annual dividend, which was paid on Friday, October 25th. Stockholders of record on Wednesday, October 9th were issued a $0.3244 dividend. This is an increase 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 was Wednesday, October 9th. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is 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.