Groupama Asset Managment Sells 191,530 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Groupama Asset Managment lowered its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 4.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,857,903 shares of the bank's stock after selling 191,530 shares during the period. Groupama Asset Managment owned about 0.07% of Banco Bilbao Vizcaya Argentaria worth $42,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 5.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 11,103,927 shares of the bank's stock worth $111,371,000 after purchasing an additional 619,836 shares during the period. FMR LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 5.7% in the third quarter. FMR LLC now owns 6,370,344 shares of the bank's stock valued at $69,055,000 after buying an additional 344,355 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 9.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,412,058 shares of the bank's stock valued at $44,253,000 after buying an additional 396,829 shares during the last quarter. Clearbridge Investments LLC lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 172.8% during the 2nd quarter. Clearbridge Investments LLC now owns 3,096,738 shares of the bank's stock valued at $31,060,000 after buying an additional 1,961,553 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 24.2% during the 2nd quarter. American Century Companies Inc. now owns 1,890,079 shares of the bank's stock worth $18,957,000 after acquiring an additional 368,660 shares during the period. Institutional investors own 2.96% of the company's stock.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "buy" rating in a report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of Banco Bilbao Vizcaya Argentaria stock traded down $0.01 during trading hours on Tuesday, reaching $10.02. The company had a trading volume of 1,037,467 shares, compared to its average volume of 1,490,689. The firm has a market cap of $58.50 billion, a PE ratio of 5.75, a price-to-earnings-growth ratio of 0.99 and a beta of 1.28. Banco Bilbao Vizcaya Argentaria, S.A. has a one year low of $8.63 and a one year high of $12.20. The business has a fifty day simple moving average of $9.89 and a 200 day simple moving average of $10.20.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently announced a Semi-Annual dividend, which was paid on Friday, October 25th. Shareholders of record on Wednesday, October 9th were issued a dividend of $0.3244 per share. This represents a yield of 5.6%. The ex-dividend date was Wednesday, October 9th. This is a positive change from Banco Bilbao Vizcaya Argentaria's previous Semi-Annual dividend of $0.11. Banco Bilbao Vizcaya Argentaria's payout ratio is presently 29.31%.

About Banco Bilbao Vizcaya Argentaria

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.