B. Riley Wealth Advisors Inc. Has $311,000 Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

B. Riley Wealth Advisors Inc. cut its position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 43.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,330 shares of the bank’s stock after selling 22,477 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $311,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in BBVA. Clearbridge Investments LLC grew its position in shares of Banco Bilbao Vizcaya Argentaria by 172.8% in the 2nd quarter. Clearbridge Investments LLC now owns 3,096,738 shares of the bank’s stock valued at $31,060,000 after acquiring an additional 1,961,553 shares during the period. Dimensional Fund Advisors LP lifted its stake in Banco Bilbao Vizcaya Argentaria by 5.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 11,103,927 shares of the bank’s stock valued at $111,371,000 after purchasing an additional 619,836 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Banco Bilbao Vizcaya Argentaria by 9.9% during the second quarter. Envestnet Asset Management Inc. now owns 4,412,058 shares of the bank’s stock worth $44,253,000 after purchasing an additional 396,829 shares during the period. Raymond James & Associates increased its position in Banco Bilbao Vizcaya Argentaria by 91.0% during the third quarter. Raymond James & Associates now owns 776,389 shares of the bank’s stock worth $8,416,000 after buying an additional 369,971 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in Banco Bilbao Vizcaya Argentaria by 24.2% in the second quarter. American Century Companies Inc. now owns 1,890,079 shares of the bank’s stock valued at $18,957,000 after buying an additional 368,660 shares during the period. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of BBVA opened at $9.68 on Friday. The firm has a market capitalization of $56.51 billion, a PE ratio of 5.56, a PEG ratio of 0.98 and a beta of 1.28. The company’s 50-day moving average is $9.82 and its 200-day moving average is $10.16. Banco Bilbao Vizcaya Argentaria, S.A. has a fifty-two week low of $8.63 and a fifty-two week high of $12.20.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently disclosed a Semi-Annual dividend, which was paid on Friday, October 25th. Shareholders of record on Wednesday, October 9th were given a dividend of $0.3244 per share. 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. This represents a yield of 5.6%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is 29.31%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. One research 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’s stock. According to MarketBeat, the stock 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.