Fisher Asset Management LLC Lowers Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Fisher Asset Management LLC reduced its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 1.4% during the third quarter, HoldingsChannel reports. The fund owned 50,954,776 shares of the bank’s stock after selling 726,444 shares during the period. Fisher Asset Management LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $552,350,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rothschild Investment LLC purchased a new stake in Banco Bilbao Vizcaya Argentaria during the 2nd quarter valued at about $40,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria during the second quarter valued at approximately $43,000. Benjamin F. Edwards & Company Inc. lifted its position in Banco Bilbao Vizcaya Argentaria by 67.8% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank’s stock valued at $49,000 after acquiring an additional 1,990 shares in the last quarter. Russell Investments Group Ltd. boosted 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 valued at $69,000 after purchasing an additional 1,882 shares during the last quarter. Finally, Reston Wealth Management LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 3rd quarter worth $72,000. 2.96% of the stock is currently owned by institutional investors.

Banco Bilbao Vizcaya Argentaria Stock Performance

Banco Bilbao Vizcaya Argentaria stock opened at $9.54 on Monday. Banco Bilbao Vizcaya Argentaria, S.A. has a one year low of $8.63 and a one year high of $12.20. The stock has a fifty day moving average of $10.15 and a 200 day moving average of $10.29. The stock has a market cap of $55.69 billion, a PE ratio of 5.48, a price-to-earnings-growth ratio of 0.96 and a beta of 1.31.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently declared a Semi-Annual dividend, which was paid on Friday, October 25th. Stockholders of record on Wednesday, October 9th were given a dividend of $0.3244 per share. The ex-dividend date was Wednesday, October 9th. This represents a dividend yield of 5.6%. This is a positive change 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%.

Analyst Ratings Changes

Several research firms recently commented on BBVA. Royal Bank of Canada raised Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research report on Wednesday, July 31st. StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. Finally, Citigroup upgraded shares of 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 assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

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.