Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) Shares Bought by Synovus Financial Corp

Synovus Financial Corp raised its stake in Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) by 4.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 229,628 shares of the bank’s stock after buying an additional 9,886 shares during the quarter. Synovus Financial Corp’s holdings in Banco Bilbao Vizcaya Argentaria were worth $1,192,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Evolution Wealth Advisors LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the second quarter worth about $25,000. Tower Research Capital LLC TRC lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 916.0% during the second quarter. Tower Research Capital LLC TRC now owns 8,372 shares of the bank’s stock worth $47,000 after purchasing an additional 7,548 shares in the last quarter. Lindbrook Capital LLC lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 30.8% during the second quarter. Lindbrook Capital LLC now owns 9,146 shares of the bank’s stock worth $50,000 after purchasing an additional 2,156 shares in the last quarter. Quantamental Technologies LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the second quarter worth about $52,000. Finally, Boston Private Wealth LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the second quarter worth about $57,000. 3.16% of the stock is currently owned by institutional investors.

Several brokerages have recently issued reports on BBVA. ValuEngine raised shares of Banco Bilbao Vizcaya Argentaria from a “strong sell” rating to a “sell” rating in a research report on Wednesday, October 2nd. Berenberg Bank cut shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Thursday, September 26th. Zacks Investment Research cut shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “sell” rating in a report on Tuesday, October 15th. Finally, HSBC raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Thursday, August 22nd. Four analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $6.75.

NYSE:BBVA traded down $0.03 during mid-day trading on Friday, hitting $5.44. The stock had a trading volume of 22,067 shares, compared to its average volume of 3,782,415. The stock has a 50-day simple moving average of $5.24 and a two-hundred day simple moving average of $5.37. The company has a market capitalization of $36.37 billion, a PE ratio of 6.19, a PEG ratio of 3.41 and a beta of 1.05. Banco Bilbao Vizcaya Argentaria SA has a twelve month low of $4.62 and a twelve month high of $6.44. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.11.

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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