Gallacher Capital Management LLC Sells 4,234 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Gallacher Capital Management LLC lessened its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 7.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 55,011 shares of the bank’s stock after selling 4,234 shares during the period. Gallacher Capital Management LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $501,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BBVA. Benjamin F. Edwards & Company Inc. acquired a new position in Banco Bilbao Vizcaya Argentaria during the 4th quarter worth about $28,000. Russell Investments Group Ltd. grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 139.8% during the fourth quarter. Russell Investments Group Ltd. now owns 3,906 shares of the bank’s stock valued at $36,000 after purchasing an additional 2,277 shares during the last quarter. GAMMA Investing LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at approximately $44,000. Paradigm Asset Management Co. LLC increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 66.7% in the third quarter. Paradigm Asset Management Co. LLC now owns 7,000 shares of the bank’s stock valued at $56,000 after purchasing an additional 2,800 shares in the last quarter. Finally, Cable Hill Partners LLC bought a new position in Banco Bilbao Vizcaya Argentaria in the 3rd quarter worth approximately $84,000. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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 Stock Performance

NYSE:BBVA traded up $0.17 on Friday, hitting $10.59. 3,617,295 shares of the stock were exchanged, compared to its average volume of 2,346,371. Banco Bilbao Vizcaya Argentaria, S.A. has a 52 week low of $6.47 and a 52 week high of $12.20. The stock has a market capitalization of $63.17 billion, a price-to-earnings ratio of 7.20, a P/E/G ratio of 0.56 and a beta of 1.33. The company’s 50-day moving average price is $11.09 and its 200 day moving average price is $9.74.

Banco Bilbao Vizcaya Argentaria Increases Dividend

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

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.