Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Shares Sold by Groupama Asset Managment

Groupama Asset Managment reduced its position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 4.7% in the 3rd quarter, Holdings Channel reports. The firm owned 3,857,903 shares of the bank’s stock after selling 191,530 shares during the quarter. Groupama Asset Managment’s holdings in Banco Bilbao Vizcaya Argentaria were worth $42,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Signaturefd LLC grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 0.9% during the 2nd quarter. Signaturefd LLC now owns 109,672 shares of the bank’s stock worth $1,100,000 after purchasing an additional 993 shares during the period. Optas LLC grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 6.0% during the 2nd 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 grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 4.8% during the 3rd quarter. Baron Wealth Management LLC now owns 25,236 shares of the bank’s stock worth $274,000 after purchasing an additional 1,166 shares during the period. Hennion & Walsh Asset Management Inc. grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 1.4% during 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 during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria by 4.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 33,510 shares of the bank’s stock valued at $353,000 after acquiring an additional 1,392 shares during the period. 2.96% of the stock is owned by institutional investors and hedge funds.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of Banco Bilbao Vizcaya Argentaria stock opened at $10.03 on Tuesday. The business has a 50-day moving average of $9.89 and a 200 day moving average of $10.20. Banco Bilbao Vizcaya Argentaria, S.A. has a 12 month low of $8.63 and a 12 month high of $12.20. The stock has a market capitalization of $58.55 billion, a price-to-earnings ratio of 5.76, a price-to-earnings-growth ratio of 0.99 and a beta of 1.28.

Banco Bilbao Vizcaya Argentaria Increases Dividend

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

Wall Street Analyst Weigh In

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

Banco Bilbao Vizcaya Argentaria Company 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.