Raymond James Trust N.A. Purchases Shares of 12,523 Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Raymond James Trust N.A. bought a new stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) in the 3rd quarter, HoldingsChannel.com reports. The fund bought 12,523 shares of the bank’s stock, valued at approximately $136,000.

Other large investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its position in Banco Bilbao Vizcaya Argentaria by 21.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 377,530 shares of the bank’s stock valued at $4,092,000 after buying an additional 65,852 shares during the period. West Family Investments Inc. grew its position in shares of 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 acquiring an additional 4,083 shares during the period. Baron Wealth Management LLC increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 4.8% in the 3rd quarter. Baron Wealth Management LLC now owns 25,236 shares of the bank’s stock valued at $274,000 after purchasing an additional 1,166 shares in the last quarter. Thrivent Financial for Lutherans acquired a new position in Banco Bilbao Vizcaya Argentaria in the 3rd quarter worth about $146,000. Finally, OneDigital Investment Advisors LLC boosted its position in 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 purchasing an additional 13,134 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on BBVA. Citigroup raised Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research note on Friday, August 9th. StockNews.com raised shares of 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 issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Price Performance

NYSE BBVA opened at $9.25 on Friday. Banco Bilbao Vizcaya Argentaria, S.A. has a 1-year low of $8.63 and a 1-year high of $12.20. The company has a market cap of $54.00 billion, a PE ratio of 5.32, a price-to-earnings-growth ratio of 0.95 and a beta of 1.31. The stock’s 50 day simple moving average is $10.05 and its 200-day simple moving average is $10.26.

Banco Bilbao Vizcaya Argentaria Increases Dividend

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

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.