Townsquare Capital LLC Buys 90,264 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Townsquare Capital LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 61.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 237,922 shares of the bank’s stock after acquiring an additional 90,264 shares during the quarter. Townsquare Capital LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $2,579,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Russell Investments Group Ltd. grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 48.2% during 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. Virtu Financial LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria during the first quarter valued at approximately $134,000. Atria Investments Inc increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 2.6% in the first quarter. Atria Investments Inc now owns 165,132 shares of the bank’s stock valued at $1,949,000 after purchasing an additional 4,154 shares in the last quarter. Cetera Advisors LLC bought a new position in Banco Bilbao Vizcaya Argentaria in the 1st quarter worth approximately $191,000. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 4.7% during the first quarter. EverSource Wealth Advisors LLC now owns 32,118 shares of the bank’s stock valued at $380,000 after acquiring an additional 1,456 shares during the period. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of BBVA stock opened at $9.45 on Friday. Banco Bilbao Vizcaya Argentaria, S.A. has a one year low of $8.63 and a one year high of $12.20. The stock has a market cap of $55.17 billion, a PE ratio of 5.43, a price-to-earnings-growth ratio of 0.91 and a beta of 1.31. The stock has a 50-day moving average of $10.03 and a 200-day moving average of $10.25.

Banco Bilbao Vizcaya Argentaria Increases Dividend

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

Analyst Upgrades and Downgrades

BBVA has been the topic of a number of research reports. Citigroup upgraded shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research report on Friday, August 9th. StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

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.