Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Stake Cut by Fifth Third Bancorp

Fifth Third Bancorp decreased its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 17.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 235,902 shares of the bank’s stock after selling 50,467 shares during the period. Fifth Third Bancorp’s holdings in Banco Bilbao Vizcaya Argentaria were worth $2,293,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. SG Americas Securities LLC boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 102.4% in the 4th quarter. SG Americas Securities LLC now owns 142,116 shares of the bank’s stock valued at $1,381,000 after buying an additional 71,892 shares during the period. Capstone Wealth Management LLC bought a new position in Banco Bilbao Vizcaya Argentaria in the fourth quarter worth about $112,000. Ballentine Partners LLC boosted its stake in Banco Bilbao Vizcaya Argentaria by 30.8% in the fourth quarter. Ballentine Partners LLC now owns 40,007 shares of the bank’s stock valued at $389,000 after acquiring an additional 9,418 shares during the period. Wealth Management Partners LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at approximately $108,000. Finally, Diversify Wealth Management LLC raised its position in shares of Banco Bilbao Vizcaya Argentaria by 13.4% during the 4th quarter. Diversify Wealth Management LLC now owns 103,042 shares of the bank’s stock worth $1,042,000 after purchasing an additional 12,173 shares during the period. 2.96% of the stock is owned by institutional investors and hedge funds.

Banco Bilbao Vizcaya Argentaria Stock Up 1.8 %

Banco Bilbao Vizcaya Argentaria stock opened at $11.41 on Tuesday. Banco Bilbao Vizcaya Argentaria, S.A. has a 52-week low of $8.65 and a 52-week high of $12.20. The firm has a market capitalization of $66.63 billion, a price-to-earnings ratio of 6.56, a PEG ratio of 0.68 and a beta of 1.27. The firm has a 50-day moving average price of $10.00 and a two-hundred day moving average price of $10.17.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. One analyst has rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

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.