Heathbridge Capital Management Ltd. Buys 842,000 Shares of Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA)

Heathbridge Capital Management Ltd. grew its stake in Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) by 18.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,529,100 shares of the bank’s stock after purchasing an additional 842,000 shares during the quarter. Banco Bilbao Vizcaya Argentaria comprises approximately 6.2% of Heathbridge Capital Management Ltd.’s holdings, making the stock its 7th largest holding. Heathbridge Capital Management Ltd. owned 0.08% of Banco Bilbao Vizcaya Argentaria worth $28,751,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. SG Americas Securities LLC lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 66.7% in the 3rd quarter. SG Americas Securities LLC now owns 417,595 shares of the bank’s stock valued at $2,171,000 after purchasing an additional 167,080 shares during the period. Abacus Planning Group Inc. acquired a new stake in Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth $72,000. Boston Private Wealth LLC raised its stake in Banco Bilbao Vizcaya Argentaria by 31.9% during the 3rd quarter. Boston Private Wealth LLC now owns 13,483 shares of the bank’s stock worth $70,000 after buying an additional 3,258 shares during the period. Parallel Advisors LLC raised its stake in Banco Bilbao Vizcaya Argentaria by 64.8% during the 3rd quarter. Parallel Advisors LLC now owns 7,687 shares of the bank’s stock worth $40,000 after buying an additional 3,022 shares during the period. Finally, Synovus Financial Corp raised its stake in Banco Bilbao Vizcaya Argentaria by 4.5% during the 3rd quarter. Synovus Financial Corp now owns 229,628 shares of the bank’s stock worth $1,192,000 after buying an additional 9,886 shares during the period. 3.16% of the stock is currently owned by institutional investors.

BBVA has been the topic of several research analyst reports. Berenberg Bank downgraded Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research note on Thursday, September 26th. Zacks Investment Research downgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “sell” rating in a research note on Tuesday, October 15th. HSBC raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Thursday, August 22nd. Finally, ValuEngine raised Banco Bilbao Vizcaya Argentaria from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 2nd. Four analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $6.75.

Banco Bilbao Vizcaya Argentaria stock traded down $0.01 during mid-day trading on Friday, hitting $5.46. 2,782,296 shares of the company’s stock were exchanged, compared to its average volume of 3,607,260. The firm has a market capitalization of $36.37 billion, a P/E ratio of 6.20, a PEG ratio of 3.41 and a beta of 1.05. Banco Bilbao Vizcaya Argentaria SA has a fifty-two week low of $4.62 and a fifty-two week high of $6.44. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.11. The company’s 50 day simple moving average is $5.25 and its 200-day simple moving average is $5.36.

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, 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.

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

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