Wealth Enhancement Advisory Services LLC Has $301,000 Position in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Wealth Enhancement Advisory Services LLC cut its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 4.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,810 shares of the bank’s stock after selling 1,289 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $301,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Dimensional Fund Advisors LP grew its holdings in 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 buying an additional 619,836 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in 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 buying an additional 396,829 shares in the last quarter. Clearbridge Investments LLC grew its holdings 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 buying an additional 1,961,553 shares in the last quarter. American Century Companies Inc. grew its holdings in Banco Bilbao Vizcaya Argentaria by 24.2% in 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 in the last quarter. Finally, O Shaughnessy Asset Management LLC grew its holdings in Banco Bilbao Vizcaya Argentaria by 1.5% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,363,752 shares of the bank’s stock valued at $16,147,000 after buying an additional 20,719 shares in the last quarter. 2.96% of the stock is owned by institutional investors and hedge funds.

Banco Bilbao Vizcaya Argentaria Stock Down 2.5 %

Shares of BBVA stock opened at $9.77 on Monday. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $8.39 and a twelve month high of $12.20. The company has a market cap of $57.04 billion, a P/E ratio of 5.61, a P/E/G ratio of 0.95 and a beta of 1.31. The business has a fifty day simple moving average of $10.24 and a 200 day simple moving average of $10.38.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently disclosed a Semi-Annual dividend, which was paid on Friday, October 25th. Investors of record on Wednesday, October 9th were given 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%.

Analyst Upgrades and Downgrades

BBVA has been the topic of a number of research reports. StockNews.com lowered Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Monday, November 4th. Citigroup upgraded Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research report on Friday, August 9th. Finally, Royal Bank of Canada upgraded Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research report on Wednesday, July 31st. One analyst has rated the stock with a sell rating, two have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold”.

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.