Fmr LLC Increases Stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

FMR LLC lifted its position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 5.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,370,344 shares of the bank's stock after purchasing an additional 344,355 shares during the period. FMR LLC owned about 0.11% of Banco Bilbao Vizcaya Argentaria worth $69,055,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of BBVA. Cetera Advisors LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria during the first quarter worth $191,000. Simplicity Wealth LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria during the second quarter worth $132,000. Csenge Advisory Group boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 50.0% during the second quarter. Csenge Advisory Group now owns 21,869 shares of the bank's stock worth $219,000 after acquiring an additional 7,292 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 5.8% during the second quarter. Sequoia Financial Advisors LLC now owns 88,022 shares of the bank's stock worth $883,000 after acquiring an additional 4,850 shares during the last quarter. Finally, Traveka Wealth LLC boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 10.0% during the second quarter. Traveka Wealth LLC now owns 12,751 shares of the bank's stock worth $128,000 after acquiring an additional 1,156 shares during the last quarter. 2.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Citigroup upgraded shares of Banco Bilbao Vizcaya Argentaria to a "strong-buy" rating in a research report on Friday, August 9th. StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "buy" rating in a research report on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Stock Performance

BBVA stock traded down $0.07 during trading on Friday, hitting $10.03. 1,675,124 shares of the company's stock traded hands, compared to its average volume of 1,600,824. Banco Bilbao Vizcaya Argentaria, S.A. has a 52 week low of $8.63 and a 52 week high of $12.20. The business has a fifty day simple moving average of $9.93 and a 200 day simple moving average of $10.22. The stock has a market capitalization of $58.55 billion, a price-to-earnings ratio of 5.77, a P/E/G ratio of 0.96 and a beta of 1.28.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently announced a Semi-Annual dividend, which was paid on Friday, October 25th. Stockholders of record on Wednesday, October 9th were paid a $0.3244 dividend. The ex-dividend date was Wednesday, October 9th. 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. Banco Bilbao Vizcaya Argentaria's dividend payout ratio is currently 29.31%.

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.