Caprock Group LLC Sells 14,818 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Caprock Group LLC cut its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 8.8% in the third quarter, HoldingsChannel.com reports. The fund owned 153,982 shares of the bank’s stock after selling 14,818 shares during the period. Caprock Group LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $1,669,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of BBVA. Rothschild Investment LLC bought a new stake in Banco Bilbao Vizcaya Argentaria during the 2nd quarter worth approximately $40,000. Ashton Thomas Private Wealth LLC bought a new stake in Banco Bilbao Vizcaya Argentaria during the 2nd quarter worth approximately $43,000. Benjamin F. Edwards & Company Inc. increased its stake in Banco Bilbao Vizcaya Argentaria by 67.8% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank’s stock worth $49,000 after purchasing an additional 1,990 shares in the last quarter. Russell Investments Group Ltd. increased its stake in Banco Bilbao Vizcaya Argentaria by 48.2% during the 1st quarter. Russell Investments Group Ltd. now owns 5,788 shares of the bank’s stock worth $69,000 after purchasing an additional 1,882 shares in the last quarter. Finally, Reston Wealth Management LLC bought a new stake in Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth approximately $72,000. 2.96% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. StockNews.com raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. Royal Bank of Canada raised Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research report on Wednesday, July 31st. Finally, Citigroup raised Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research report on Friday, August 9th. One 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 given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Down 1.3 %

NYSE:BBVA opened at $9.74 on Thursday. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $8.63 and a twelve month high of $12.20. The business has a 50 day moving average price of $10.17 and a two-hundred day moving average price of $10.31. The company has a market cap of $56.86 billion, a P/E ratio of 5.60, a price-to-earnings-growth ratio of 0.97 and a beta of 1.31.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently disclosed a Semi-Annual dividend, which was paid on Friday, October 25th. Stockholders of record on Wednesday, October 9th were issued a $0.3244 dividend. This represents a dividend yield of 5.6%. The ex-dividend date of this dividend was Wednesday, October 9th. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous Semi-Annual dividend of $0.11. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is presently 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.