Cerity Partners LLC Has $4.27 Million Stock Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Cerity Partners LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 37.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 393,458 shares of the bank’s stock after acquiring an additional 106,869 shares during the quarter. Cerity Partners LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $4,265,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in BBVA. Deltec Asset Management LLC purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria in the second quarter worth approximately $928,000. Mediolanum International Funds Ltd bought a new position in Banco Bilbao Vizcaya Argentaria during the 3rd quarter valued at $2,297,000. Sequoia Financial Advisors LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria by 5.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 88,022 shares of the bank’s stock worth $883,000 after acquiring an additional 4,850 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in Banco Bilbao Vizcaya Argentaria by 9.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,412,058 shares of the bank’s stock worth $44,253,000 after acquiring an additional 396,829 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 2nd quarter worth $577,000. Institutional investors and hedge funds own 2.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on BBVA shares. Citigroup upgraded shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a report on Friday, August 9th. StockNews.com raised 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, 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, the company presently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

BBVA opened at $9.25 on Friday. Banco Bilbao Vizcaya Argentaria, S.A. has a fifty-two week low of $8.63 and a fifty-two week high of $12.20. The firm has a 50-day moving average of $10.05 and a 200 day moving average of $10.26. The firm has a market cap of $54.00 billion, a P/E ratio of 5.32, a PEG ratio of 0.95 and a beta of 1.31.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Friday, October 25th. Stockholders of record on Wednesday, October 9th were paid a dividend of $0.3244 per share. The ex-dividend date was Wednesday, October 9th. This represents a dividend yield of 5.6%. This is a positive change 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%.

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.