World Asset Management Inc raised its position in Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) by 9.0% during the third quarter, Holdings Channel reports. The firm owned 430,917 shares of the company’s stock after buying an additional 35,666 shares during the period. World Asset Management Inc’s holdings in Banco Bilbao Vizcaya Argentaria SA were worth $2,568,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of BBVA. Cambiar Investors LLC raised its position in shares of Banco Bilbao Vizcaya Argentaria SA by 9.6% in the third quarter. Cambiar Investors LLC now owns 24,582,766 shares of the company’s stock worth $146,513,000 after buying an additional 2,153,674 shares during the period. Evergreen Capital Management LLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria SA during the third quarter worth approximately $2,722,000. Harding Loevner LP raised its position in shares of Banco Bilbao Vizcaya Argentaria SA by 5.2% in the third quarter. Harding Loevner LP now owns 9,205,972 shares of the company’s stock worth $54,867,000 after buying an additional 456,203 shares during the period. Creative Planning raised its position in shares of Banco Bilbao Vizcaya Argentaria SA by 272.2% in the third quarter. Creative Planning now owns 137,682 shares of the company’s stock worth $821,000 after buying an additional 100,691 shares during the period. Finally, American Assets Investment Management LLC purchased a new stake in Banco Bilbao Vizcaya Argentaria SA during the third quarter worth about $238,000.

Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA)

Shares of Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) opened at 6.63 on Friday. The company has a market capitalization of $42.89 billion and a PE ratio of 10.87. The firm has a 50-day moving average price of $6.64 and a 200-day moving average price of $6.25. Banco Bilbao Vizcaya Argentaria SA has a 12 month low of $5.14 and a 12 month high of $7.67.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 30th. Stockholders of record on Wednesday, January 11th will be given a $0.0839 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 5.06%. This is a boost from Banco Bilbao Vizcaya Argentaria SA’s previous quarterly dividend of $0.08. The ex-dividend date is Monday, January 9th.

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BBVA has been the topic of a number of research reports. Zacks Investment Research upgraded Banco Bilbao Vizcaya Argentaria SA from a “sell” rating to a “hold” rating in a research report on Tuesday, January 3rd. Jefferies Group initiated coverage on Banco Bilbao Vizcaya Argentaria SA in a research report on Friday, September 23rd. They set a “buy” rating on the stock. Citigroup Inc. cut Banco Bilbao Vizcaya Argentaria SA from a “neutral” rating to a “sell” rating in a research report on Thursday, November 10th. Finally, RBC Capital Markets upgraded Banco Bilbao Vizcaya Argentaria SA from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, October 19th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $7.00.

About Banco Bilbao Vizcaya Argentaria SA

Banco Bilbao Vizcaya Argentaria, SA is a diversified international financial company engaged in retail banking, asset management, private banking and wholesale banking. The Company operates through seven segments: Banking Activity in Spain, Real Estate Activity in Spain, Turkey, Rest of Eurasia, Mexico, South America and United States.

5 Day Chart for NASDAQ:BBVA

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