Fifth Third Bancorp Sells 50,467 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Fifth Third Bancorp trimmed its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 17.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 235,902 shares of the bank's stock after selling 50,467 shares during the quarter. Fifth Third Bancorp's holdings in Banco Bilbao Vizcaya Argentaria were worth $2,293,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Hsbc Holdings PLC raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 48.4% during the second quarter. Hsbc Holdings PLC now owns 31,396 shares of the bank's stock worth $315,000 after acquiring an additional 10,235 shares in the last quarter. Bank of Montreal Can lifted its stake in Banco Bilbao Vizcaya Argentaria by 9.6% during the second quarter. Bank of Montreal Can now owns 284,878 shares of the bank's stock worth $2,862,000 after purchasing an additional 24,932 shares during the period. AQR Capital Management LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 35.6% in the second quarter. AQR Capital Management LLC now owns 42,258 shares of the bank's stock valued at $424,000 after acquiring an additional 11,100 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 198.3% in the second quarter. NewEdge Advisors LLC now owns 91,450 shares of the bank's stock valued at $917,000 after acquiring an additional 60,797 shares during the last quarter. Finally, Wallace Advisory Group LLC increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 33.0% in the second quarter. Wallace Advisory Group LLC now owns 14,433 shares of the bank's stock valued at $145,000 after purchasing an additional 3,581 shares in the last quarter. 2.96% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

Banco Bilbao Vizcaya Argentaria Stock Down 3.4 %

BBVA traded down $0.41 during trading on Friday, hitting $11.35. The company had a trading volume of 2,941,288 shares, compared to its average volume of 2,282,189. The company has a market capitalization of $66.23 billion, a PE ratio of 6.52, a PEG ratio of 0.73 and a beta of 1.27. Banco Bilbao Vizcaya Argentaria, S.A. has a one year low of $9.23 and a one year high of $12.20. The firm's 50-day moving average price is $10.14 and its 200 day moving average price is $10.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a net margin of 28.55% and a return on equity of 17.13%. Sell-side analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.68 earnings per share for the current year.

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.