Riverbridge Partners LLC Has $112,000 Stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Riverbridge Partners LLC cut its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 30.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,570 shares of the bank’s stock after selling 4,992 shares during the quarter. Riverbridge Partners LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $112,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of BBVA. FMR LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 5.7% in the third quarter. FMR LLC now owns 6,370,344 shares of the bank’s stock valued at $69,055,000 after purchasing an additional 344,355 shares in the last quarter. Clearbridge Investments LLC grew its holdings in shares of 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 during the period. Crossmark Global Holdings Inc. increased its position in shares of Banco Bilbao Vizcaya Argentaria by 5.8% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 1,270,460 shares of the bank’s stock valued at $13,772,000 after buying an additional 70,192 shares in the last quarter. QRG Capital Management Inc. raised its stake in Banco Bilbao Vizcaya Argentaria by 3.4% during the 3rd quarter. QRG Capital Management Inc. now owns 1,002,702 shares of the bank’s stock worth $10,869,000 after buying an additional 32,823 shares during the period. Finally, US Bancorp DE lifted its holdings in Banco Bilbao Vizcaya Argentaria by 1.7% during the third quarter. US Bancorp DE now owns 945,836 shares of the bank’s stock worth $10,253,000 after acquiring an additional 15,636 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Banco Bilbao Vizcaya Argentaria Stock Up 3.7 %

Shares of BBVA stock opened at $11.17 on Friday. Banco Bilbao Vizcaya Argentaria, S.A. has a 12-month low of $8.65 and a 12-month high of $12.20. The firm has a fifty day moving average of $9.94 and a 200-day moving average of $10.16. The company has a market capitalization of $65.18 billion, a price-to-earnings ratio of 6.42, a P/E/G ratio of 0.69 and a beta of 1.27.

Banco Bilbao Vizcaya Argentaria 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.