Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Shares Acquired by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 3.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 324,470 shares of the bank’s stock after acquiring an additional 11,500 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Banco Bilbao Vizcaya Argentaria were worth $3,517,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Cetera Advisors LLC purchased a new stake in Banco Bilbao Vizcaya Argentaria in the first quarter valued at approximately $191,000. Diversified Trust Co acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the second quarter worth about $135,000. Wealth Enhancement Advisory Services LLC increased its position in Banco Bilbao Vizcaya Argentaria by 5.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 29,099 shares of the bank’s stock valued at $292,000 after acquiring an additional 1,397 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in Banco Bilbao Vizcaya Argentaria by 7.0% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 65,695 shares of the bank’s stock valued at $659,000 after acquiring an additional 4,275 shares during the last quarter. Finally, Blue Trust Inc. grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 390.4% in the 2nd quarter. Blue Trust Inc. now owns 22,994 shares of the bank’s stock valued at $231,000 after purchasing an additional 18,305 shares during the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Stock Up 1.2 %

Shares of Banco Bilbao Vizcaya Argentaria stock opened at $10.19 on Friday. The firm has a market cap of $59.49 billion, a price-to-earnings ratio of 5.86, a price-to-earnings-growth ratio of 0.98 and a beta of 1.28. Banco Bilbao Vizcaya Argentaria, S.A. has a 52-week low of $8.63 and a 52-week high of $12.20. The company’s 50-day simple moving average is $9.87 and its 200-day simple moving average is $10.18.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Friday, October 25th. Stockholders of record on Wednesday, October 9th were paid a dividend of $0.3244 per share. This represents a dividend yield of 5.6%. This is an increase 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 is 29.31%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

About Banco Bilbao Vizcaya Argentaria

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.