Fisher Asset Management LLC Has $552.35 Million Stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Fisher Asset Management LLC decreased its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 1.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 50,954,776 shares of the bank's stock after selling 726,444 shares during the quarter. Fisher Asset Management LLC owned about 0.87% of Banco Bilbao Vizcaya Argentaria worth $552,350,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Rothschild Investment LLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria during the 2nd quarter valued at $40,000. Ashton Thomas Private Wealth LLC acquired a new stake in Banco Bilbao Vizcaya Argentaria during the 2nd quarter valued at $43,000. Benjamin F. Edwards & Company Inc. grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 67.8% during the second 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. raised its position in shares of Banco Bilbao Vizcaya Argentaria by 48.2% in 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 in the last quarter. Finally, Reston Wealth Management LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the third quarter worth approximately $72,000. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Banco Bilbao Vizcaya Argentaria Price Performance

Banco Bilbao Vizcaya Argentaria stock traded up $0.12 during midday trading on Monday, reaching $9.66. The stock had a trading volume of 885,089 shares, compared to its average volume of 1,496,782. The firm's fifty day simple moving average is $10.15 and its two-hundred day simple moving average is $10.29. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $8.63 and a twelve month high of $12.20. The firm has a market cap of $56.39 billion, a price-to-earnings ratio of 5.48, a PEG ratio of 0.94 and a beta of 1.31.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently declared 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%. 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 29.31%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. StockNews.com upgraded 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 shares of Banco Bilbao Vizcaya Argentaria to a "moderate buy" rating in a research report on Wednesday, July 31st. Finally, Citigroup upgraded Banco Bilbao Vizcaya Argentaria to a "strong-buy" rating in a research note 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's stock. Based on data from MarketBeat, Banco Bilbao Vizcaya Argentaria presently has a consensus rating of "Moderate Buy".

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.