Teachers Retirement System of The State of Kentucky Raises Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Teachers Retirement System of The State of Kentucky raised its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 3.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 324,470 shares of the bank’s stock after purchasing an additional 11,500 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Banco Bilbao Vizcaya Argentaria were worth $3,517,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of BBVA. Barclays PLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria in the third quarter valued at $41,000. Rothschild Investment LLC acquired a new position in Banco Bilbao Vizcaya Argentaria in the 2nd quarter valued at about $40,000. Ashton Thomas Private Wealth LLC purchased a new stake in Banco Bilbao Vizcaya Argentaria during the second quarter worth about $43,000. Benjamin F. Edwards & Company Inc. grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 67.8% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank’s stock valued at $49,000 after purchasing an additional 1,990 shares in the last quarter. Finally, Reston Wealth Management LLC purchased a new stake in Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth approximately $72,000. 2.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria presently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of BBVA opened at $10.19 on Friday. The stock has a 50-day simple moving average of $9.87 and a 200-day simple moving average of $10.18. Banco Bilbao Vizcaya Argentaria, S.A. has a 1 year low of $8.63 and a 1 year high of $12.20. The stock has a market capitalization of $59.49 billion, a PE ratio of 5.86, a PEG ratio of 0.98 and a beta of 1.28.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Friday, October 25th. Shareholders of record on Wednesday, October 9th were issued a dividend of $0.3244 per share. This represents a yield of 5.6%. The ex-dividend date 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 payout ratio is 29.31%.

Banco Bilbao Vizcaya Argentaria Company 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.