Cable Hill Partners LLC Lowers Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Cable Hill Partners LLC cut its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 11.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,575 shares of the bank’s stock after selling 2,870 shares during the quarter. Cable Hill Partners LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $245,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of BBVA. Rothschild Investment LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the second quarter valued at approximately $40,000. Ashton Thomas Private Wealth LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the second quarter valued at approximately $43,000. Benjamin F. Edwards & Company Inc. grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 67.8% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank’s stock valued at $49,000 after acquiring an additional 1,990 shares in the last quarter. Russell Investments Group Ltd. grew its holdings 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 valued at $69,000 after acquiring an additional 1,882 shares in the last quarter. Finally, Reston Wealth Management LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the third quarter valued at approximately $72,000. 2.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on BBVA. StockNews.com raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Tuesday. Royal Bank of Canada raised Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a report on Wednesday, July 31st. Finally, Citigroup raised Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a report on Friday, August 9th. One 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 company’s stock. According to data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Up 2.1 %

NYSE:BBVA opened at $9.54 on Friday. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $8.63 and a twelve month high of $12.20. The stock has a market cap of $55.69 billion, a P/E ratio of 5.48, a PEG ratio of 0.93 and a beta of 1.31. The business’s 50-day moving average price is $10.19 and its two-hundred day moving average price is $10.34.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently announced a Semi-Annual dividend, which was paid on Friday, October 25th. Shareholders of record on Wednesday, October 9th were given a dividend of $0.3244 per share. The ex-dividend date of this dividend was Wednesday, October 9th. 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%. Banco Bilbao Vizcaya Argentaria’s payout ratio is presently 29.31%.

About Banco Bilbao Vizcaya Argentaria

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.