Townsquare Capital LLC Has $2.58 Million Stock Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Townsquare Capital LLC grew its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 61.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 237,922 shares of the bank’s stock after purchasing an additional 90,264 shares during the period. Townsquare Capital LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $2,579,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in BBVA. Transamerica Financial Advisors Inc. acquired a new stake in Banco Bilbao Vizcaya Argentaria in the 3rd quarter valued at $160,000. BNP Paribas Financial Markets increased its position in shares of Banco Bilbao Vizcaya Argentaria by 190.0% in the third quarter. BNP Paribas Financial Markets now owns 364,371 shares of the bank’s stock valued at $3,950,000 after acquiring an additional 238,712 shares during the last quarter. FMR LLC raised its holdings in Banco Bilbao Vizcaya Argentaria by 5.7% during the third quarter. FMR LLC now owns 6,370,344 shares of the bank’s stock worth $69,055,000 after acquiring an additional 344,355 shares in the last quarter. Bank of Montreal Can boosted its position in Banco Bilbao Vizcaya Argentaria by 6.8% during the third quarter. Bank of Montreal Can now owns 304,192 shares of the bank’s stock valued at $3,367,000 after purchasing an additional 19,314 shares during the last quarter. Finally, Cerity Partners LLC grew its stake in Banco Bilbao Vizcaya Argentaria by 37.3% in the third quarter. Cerity Partners LLC now owns 393,458 shares of the bank’s stock valued at $4,265,000 after purchasing an additional 106,869 shares in the last quarter. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Stock Up 2.2 %

BBVA opened at $9.45 on Friday. Banco Bilbao Vizcaya Argentaria, S.A. has a 12-month low of $8.63 and a 12-month high of $12.20. The business has a 50 day moving average of $10.03 and a 200-day moving average of $10.25. The stock has a market cap of $55.17 billion, a price-to-earnings ratio of 5.43, a PEG ratio of 0.91 and a beta of 1.31.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently announced 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. This represents a dividend yield of 5.6%. The ex-dividend date of this dividend was Wednesday, October 9th. This is a boost from Banco Bilbao Vizcaya Argentaria’s previous Semi-Annual dividend of $0.11. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is currently 29.31%.

Wall Street Analyst Weigh In

Several research firms have recently commented on BBVA. StockNews.com raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. Citigroup upgraded shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research note on Friday, August 9th. One equities research 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

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.