Legacy Wealth Asset Management LLC Lowers Stock Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Legacy Wealth Asset Management LLC cut its stake in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 1.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 143,437 shares of the bank’s stock after selling 1,383 shares during the quarter. Legacy Wealth Asset Management LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $1,394,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Barclays PLC bought a new position in Banco Bilbao Vizcaya Argentaria in the third quarter worth approximately $41,000. Benjamin F. Edwards & Company Inc. grew its position in shares of Banco Bilbao Vizcaya Argentaria by 67.8% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank’s stock worth $49,000 after buying an additional 1,990 shares in the last quarter. Versant Capital Management Inc bought a new position in shares of Banco Bilbao Vizcaya Argentaria during the 4th quarter worth $54,000. Reston Wealth Management LLC purchased a new position in shares of Banco Bilbao Vizcaya Argentaria during the third quarter valued at $72,000. Finally, GAMMA Investing LLC raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 39.4% in the third quarter. GAMMA Investing LLC now owns 9,074 shares of the bank’s stock valued at $98,000 after acquiring an additional 2,563 shares in the last quarter. Institutional investors own 2.96% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note 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 given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of NYSE BBVA opened at $10.69 on Friday. The business has a fifty day moving average price of $9.83 and a 200 day moving average price of $10.14. Banco Bilbao Vizcaya Argentaria, S.A. has a 1-year low of $8.63 and a 1-year high of $12.20. The stock has a market capitalization of $62.42 billion, a P/E ratio of 6.14, a price-to-earnings-growth ratio of 1.05 and a beta of 1.27.

About Banco Bilbao Vizcaya Argentaria

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.