Cable Hill Partners LLC Sells 2,870 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Cable Hill Partners LLC cut its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVAFree Report) by 11.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 22,575 shares of the bank’s stock after selling 2,870 shares during the quarter. Cable Hill Partners LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $245,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in BBVA. Oppenheimer Asset Management Inc. grew its position in Banco Bilbao Vizcaya Argentaria by 10.0% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 484,361 shares of the bank’s stock worth $5,250,000 after acquiring an additional 44,157 shares during the last quarter. Aptus Capital Advisors LLC grew its position in Banco Bilbao Vizcaya Argentaria by 17.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 18,644 shares of the bank’s stock worth $202,000 after acquiring an additional 2,827 shares during the last quarter. Crossmark Global Holdings Inc. grew its position in Banco Bilbao Vizcaya Argentaria by 5.8% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 1,270,460 shares of the bank’s stock worth $13,772,000 after acquiring an additional 70,192 shares during the last quarter. Axxcess Wealth Management LLC bought a new position in Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth approximately $113,000. Finally, Atria Investments Inc grew its position in Banco Bilbao Vizcaya Argentaria by 17.1% during the 3rd quarter. Atria Investments Inc now owns 171,813 shares of the bank’s stock worth $1,862,000 after acquiring an additional 25,093 shares during the last quarter. Institutional investors own 2.96% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on BBVA shares. StockNews.com upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Tuesday. Citigroup upgraded Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research report on Friday, August 9th. Finally, Royal Bank of Canada upgraded Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research report on Wednesday, July 31st. One investment 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. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

View Our Latest Analysis on BBVA

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of BBVA stock opened at $9.54 on Friday. The firm has a market cap of $55.69 billion, a P/E ratio of 5.48, a P/E/G ratio of 0.93 and a beta of 1.31. 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 business’s 50 day moving average price is $10.19 and its 200-day moving average price is $10.34.

Banco Bilbao Vizcaya Argentaria Increases Dividend

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

About Banco Bilbao Vizcaya Argentaria

(Free Report)

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.

See Also

Want to see what other hedge funds are holding BBVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVAFree Report).

Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria (NYSE:BBVA)

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