Orion Portfolio Solutions LLC boosted its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 61.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 293,138 shares of the bank's stock after buying an additional 111,937 shares during the quarter. Orion Portfolio Solutions LLC's holdings in Banco Bilbao Vizcaya Argentaria were worth $3,178,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in 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 valued at $111,371,000 after purchasing an additional 619,836 shares in the last quarter. FMR LLC raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 5.7% in the 3rd quarter. FMR LLC now owns 6,370,344 shares of the bank's stock valued at $69,055,000 after purchasing an additional 344,355 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 9.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,412,058 shares of the bank's stock valued at $44,253,000 after purchasing an additional 396,829 shares in the last quarter. Clearbridge Investments LLC raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 172.8% in the 2nd quarter. Clearbridge Investments LLC now owns 3,096,738 shares of the bank's stock valued at $31,060,000 after purchasing an additional 1,961,553 shares in the last quarter. Finally, American Century Companies Inc. raised 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 in the last quarter. Institutional investors own 2.96% of the company's stock.
Wall Street Analyst Weigh In
Separately, StockNews.com raised shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "buy" rating in a research report on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy".
Read Our Latest Analysis on BBVA
Banco Bilbao Vizcaya Argentaria Trading Down 0.5 %
Shares of BBVA stock traded down $0.05 during trading hours on Wednesday, hitting $9.96. The company's stock had a trading volume of 1,163,709 shares, compared to its average volume of 1,489,743. The company has a 50 day moving average of $9.89 and a 200 day moving average of $10.20. The stock has a market cap of $58.15 billion, a PE ratio of 5.72, a price-to-earnings-growth ratio of 0.99 and a beta of 1.28. Banco Bilbao Vizcaya Argentaria, S.A. has a 12-month low of $8.63 and a 12-month high of $12.20.
Banco Bilbao Vizcaya Argentaria Increases Dividend
The company also recently declared a Semi-Annual dividend, which was paid on Friday, October 25th. Investors of record on Wednesday, October 9th were issued a dividend of $0.3244 per share. 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. This represents a yield of 5.6%. Banco Bilbao Vizcaya Argentaria's dividend payout ratio is 29.31%.
About Banco Bilbao Vizcaya Argentaria
(
Free Report)
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.
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