Wellington Management Group LLP Has $18.77 Million Stock Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Wellington Management Group LLP decreased its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 10.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,731,649 shares of the bank's stock after selling 195,148 shares during the quarter. Wellington Management Group LLP's holdings in Banco Bilbao Vizcaya Argentaria were worth $18,771,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 5.9% during the second quarter. Dimensional Fund Advisors LP now owns 11,103,927 shares of the bank's stock worth $111,371,000 after acquiring an additional 619,836 shares in the last quarter. FMR LLC increased its position in Banco Bilbao Vizcaya Argentaria by 5.7% in the 3rd quarter. FMR LLC now owns 6,370,344 shares of the bank's stock worth $69,055,000 after purchasing an additional 344,355 shares during the last quarter. Envestnet Asset Management Inc. raised its stake 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 worth $44,253,000 after purchasing an additional 396,829 shares in the last quarter. Clearbridge Investments LLC raised its stake 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 worth $31,060,000 after purchasing an additional 1,961,553 shares in the last quarter. Finally, American Century Companies Inc. lifted its holdings 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 valued at $18,957,000 after buying an additional 368,660 shares during the last quarter. Institutional investors and hedge funds own 2.96% of the company's stock.

Wall Street Analysts Forecast Growth

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 equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Banco Bilbao Vizcaya Argentaria currently has a consensus rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Stock Up 1.2 %

Shares of NYSE:BBVA traded up $0.12 on Friday, reaching $10.19. The company had a trading volume of 2,714,907 shares, compared to its average volume of 1,495,219. The stock has a market capitalization of $59.49 billion, a P/E ratio of 5.86, a P/E/G ratio of 0.98 and a beta of 1.28. The stock has a 50-day moving average price of $9.87 and a 200 day moving average price of $10.19. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $8.63 and a twelve month high of $12.20.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently disclosed 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. This is an increase from Banco Bilbao Vizcaya Argentaria's previous Semi-Annual dividend of $0.11. This represents a dividend yield of 5.6%. The ex-dividend date of this dividend was Wednesday, October 9th. Banco Bilbao Vizcaya Argentaria's dividend payout ratio is currently 29.31%.

Banco Bilbao Vizcaya Argentaria 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.