10,456 Shares in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 10,456 shares of the bank’s stock, valued at approximately $113,000.

Several other large investors also recently modified their holdings of BBVA. Allspring Global Investments Holdings LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 1st quarter worth about $133,000. Sei Investments Co. increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 6.6% during the first quarter. Sei Investments Co. now owns 326,656 shares of the bank’s stock worth $3,868,000 after buying an additional 20,143 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 48.2% during the first quarter. Russell Investments Group Ltd. now owns 5,788 shares of the bank’s stock worth $69,000 after buying an additional 1,882 shares in the last quarter. Orion Portfolio Solutions LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 1.5% in the first quarter. Orion Portfolio Solutions LLC now owns 82,947 shares of the bank’s stock valued at $982,000 after acquiring an additional 1,217 shares during the last quarter. Finally, Acadian Asset Management LLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria in the 1st quarter worth approximately $464,000. 2.96% of the stock is currently owned by institutional investors.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of BBVA opened at $9.83 on Friday. The business’s fifty day moving average price is $10.18 and its two-hundred day moving average price is $10.34. The firm has a market capitalization of $57.36 billion, a price-to-earnings ratio of 5.65, a PEG ratio of 0.92 and a beta of 1.31. Banco Bilbao Vizcaya Argentaria, S.A. has a 52 week low of $8.63 and a 52 week high of $12.20.

Banco Bilbao Vizcaya Argentaria Increases Dividend

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

Wall Street Analyst Weigh In

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