Public Employees Retirement System of Ohio Invests $639,000 in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Public Employees Retirement System of Ohio bought a new stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 58,978 shares of the bank's stock, valued at approximately $639,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in BBVA. Dimensional Fund Advisors LP grew its position in Banco Bilbao Vizcaya Argentaria by 5.9% in the second quarter. Dimensional Fund Advisors LP now owns 11,103,927 shares of the bank's stock valued at $111,371,000 after acquiring an additional 619,836 shares during the last quarter. FMR LLC grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 5.7% during 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 during the last quarter. Envestnet Asset Management Inc. increased its position in 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 worth $44,253,000 after purchasing an additional 396,829 shares in the last quarter. Clearbridge Investments LLC lifted its stake in 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 during the last quarter. Finally, American Century Companies Inc. boosted its position in Banco Bilbao Vizcaya Argentaria by 24.2% in the second quarter. American Century Companies Inc. now owns 1,890,079 shares of the bank's stock valued at $18,957,000 after buying an additional 368,660 shares in the last quarter. Institutional investors own 2.96% of the company's stock.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of Banco Bilbao Vizcaya Argentaria stock traded up $0.02 on Friday, hitting $9.68. The stock had a trading volume of 1,442,617 shares, compared to its average volume of 1,504,891. The stock has a 50 day moving average of $9.82 and a 200 day moving average of $10.16. 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 capitalization of $56.51 billion, a P/E ratio of 5.56, a PEG ratio of 0.98 and a beta of 1.28.

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 paid 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 an increase from Banco Bilbao Vizcaya Argentaria's previous Semi-Annual dividend of $0.11. Banco Bilbao Vizcaya Argentaria's dividend payout ratio (DPR) is presently 29.31%.

Analysts Set New Price Targets

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

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.