Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Shares Sold by Paradigm Asset Management Co. LLC

Paradigm Asset Management Co. LLC trimmed its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 15.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,900 shares of the bank’s stock after selling 1,100 shares during the period. Paradigm Asset Management Co. LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $64,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. Aptus Capital Advisors LLC grew its position in shares of Banco Bilbao Vizcaya Argentaria by 17.9% in the 3rd quarter. Aptus Capital Advisors LLC now owns 18,644 shares of the bank’s stock valued at $202,000 after buying 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 purchasing an additional 70,192 shares during the last quarter. Axxcess Wealth Management LLC purchased a new position in Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth $113,000. 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 purchasing an additional 25,093 shares during the last quarter. Finally, Verdence Capital Advisors LLC purchased a new position in Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth $161,000. 2.96% of the stock is owned by hedge funds and other institutional investors.

Banco Bilbao Vizcaya Argentaria Stock Down 2.8 %

Shares of NYSE:BBVA opened at $9.45 on Wednesday. The company has a market cap of $55.17 billion, a price-to-earnings ratio of 5.43, a PEG ratio of 0.96 and a beta of 1.31. The firm’s 50-day simple moving average is $10.22 and its 200-day simple moving average is $10.37. Banco Bilbao Vizcaya Argentaria, S.A. has a fifty-two week low of $8.47 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. Investors of record on Wednesday, October 9th were paid a $0.3244 dividend. This is a boost 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 (DPR) is 29.31%.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. StockNews.com raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Tuesday. Royal Bank of Canada raised shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research report on Wednesday, July 31st. Finally, Citigroup raised shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research report on Friday, August 9th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock 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.