Truist Financial Corp Acquires 3,549 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Truist Financial Corp increased its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 1.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 370,927 shares of the bank’s stock after acquiring an additional 3,549 shares during the period. Truist Financial Corp’s holdings in Banco Bilbao Vizcaya Argentaria were worth $3,379,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Wellington Management Group LLP lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 2.0% during the third quarter. Wellington Management Group LLP now owns 6,312,586 shares of the bank’s stock valued at $50,816,000 after acquiring an additional 122,652 shares during the period. O Shaughnessy Asset Management LLC boosted its position in Banco Bilbao Vizcaya Argentaria by 25.8% in the third quarter. O Shaughnessy Asset Management LLC now owns 1,293,271 shares of the bank’s stock valued at $10,411,000 after buying an additional 265,431 shares in the last quarter. FMR LLC grew its stake in Banco Bilbao Vizcaya Argentaria by 1.7% during the third quarter. FMR LLC now owns 5,763,182 shares of the bank’s stock worth $46,394,000 after buying an additional 95,671 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its stake in Banco Bilbao Vizcaya Argentaria by 3.1% during the third quarter. Mercer Global Advisors Inc. ADV now owns 743,200 shares of the bank’s stock worth $5,983,000 after buying an additional 22,426 shares during the last quarter. Finally, Citigroup Inc. raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 7.4% in the third quarter. Citigroup Inc. now owns 151,163 shares of the bank’s stock valued at $1,217,000 after acquiring an additional 10,437 shares during the last quarter. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Stock Performance

NYSE:BBVA opened at $10.93 on Tuesday. The company has a market cap of $65.17 billion, a price-to-earnings ratio of 7.43, a P/E/G ratio of 0.56 and a beta of 1.33. The stock’s fifty day moving average price is $11.10 and its two-hundred day moving average price is $9.76. Banco Bilbao Vizcaya Argentaria, S.A. has a 52-week low of $6.47 and a 52-week high of $12.20.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently declared a semi-annual dividend, which was paid on Thursday, April 25th. Stockholders of record on Tuesday, April 9th were paid a dividend of $0.1695 per share. This represents a dividend yield of 4.3%. The ex-dividend date was Monday, April 8th. This is a positive change from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.17. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is 46.26%.

Analyst Ratings Changes

Separately, Barclays lowered Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a research report on Monday, March 25th.

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.