US Bancorp DE trimmed its position in shares of Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) by 5.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,220,414 shares of the bank’s stock after selling 75,343 shares during the quarter. US Bancorp DE’s holdings in Banco Bilbao Vizcaya Argentaria were worth $7,688,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Reliance Trust Co. of Delaware bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the third quarter worth $134,000. HRT Financial LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the second quarter worth $154,000. Brandes Investment Partners LP boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 56.5% in the second quarter. Brandes Investment Partners LP now owns 23,926 shares of the bank’s stock worth $167,000 after acquiring an additional 8,642 shares during the period. Tower Research Capital LLC TRC boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 60.4% in the second quarter. Tower Research Capital LLC TRC now owns 26,997 shares of the bank’s stock worth $189,000 after acquiring an additional 10,166 shares during the period. Finally, Advisor Partners LLC boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 43.3% in the second quarter. Advisor Partners LLC now owns 29,851 shares of the bank’s stock worth $209,000 after acquiring an additional 9,014 shares during the period. 3.14% of the stock is owned by institutional investors and hedge funds.

NYSE BBVA opened at $5.77 on Friday. Banco Bilbao Vizcaya Argentaria SA has a twelve month low of $5.46 and a twelve month high of $9.54. The company has a current ratio of 1.05, a quick ratio of 0.25 and a debt-to-equity ratio of 1.21. The stock has a market cap of $39.40 billion, a price-to-earnings ratio of 9.84, a PEG ratio of 0.94 and a beta of 0.94.

BBVA has been the topic of a number of recent analyst reports. Zacks Investment Research downgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “sell” rating in a research report on Tuesday, October 30th. ValuEngine upgraded Banco Bilbao Vizcaya Argentaria from a “strong sell” rating to a “sell” rating in a research report on Thursday, November 1st. UBS Group downgraded Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Tuesday, August 14th. JPMorgan Chase & Co. downgraded Banco Bilbao Vizcaya Argentaria from an “overweight” rating to a “neutral” rating in a research report on Tuesday, September 4th. Finally, Citigroup upgraded Banco Bilbao Vizcaya Argentaria from a “neutral” rating to a “buy” rating in a research report on Thursday, October 25th. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. Banco Bilbao Vizcaya Argentaria currently has a consensus rating of “Hold” and a consensus price target of $7.02.

TRADEMARK VIOLATION WARNING: “US Bancorp DE Trims Holdings in Banco Bilbao Vizcaya Argentaria SA (BBVA)” was posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this news story on another domain, it was stolen and republished in violation of US and international copyright laws. The correct version of this news story can be accessed at https://theolympiareport.com/2018/11/10/us-bancorp-de-trims-holdings-in-banco-bilbao-vizcaya-argentaria-sa-bbva.html.

Banco Bilbao Vizcaya Argentaria Profile

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. The company accepts various deposits, such as current and savings accounts, fixed-term deposits, subordinated deposits, and other accounts. It also offers loan products; and foreclosed real-estate assets from residential mortgages and developers, as well as lending to developers.

Recommended Story: Bond

Want to see what other hedge funds are holding BBVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA).

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

Receive News & Ratings for Banco Bilbao Vizcaya Argentaria Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Bilbao Vizcaya Argentaria and related companies with MarketBeat.com's FREE daily email newsletter.