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

Legacy Wealth Asset Management LLC lowered its stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 1.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 143,437 shares of the bank’s stock after selling 1,383 shares during the period. Legacy Wealth Asset Management LLC’s holdings in Banco Bilbao Vizcaya Argentaria were worth $1,394,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 43.3% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 189,147 shares of the bank’s stock worth $1,839,000 after purchasing an additional 57,122 shares during the period. Apella Capital LLC bought a new stake in Banco Bilbao Vizcaya Argentaria in the fourth quarter worth $176,000. Park Avenue Securities LLC boosted its stake in Banco Bilbao Vizcaya Argentaria by 21.4% during the fourth quarter. Park Avenue Securities LLC now owns 241,672 shares of the bank’s stock worth $2,349,000 after buying an additional 42,674 shares during the period. Kathmere Capital Management LLC increased its position in Banco Bilbao Vizcaya Argentaria by 10.3% during the fourth quarter. Kathmere Capital Management LLC now owns 44,743 shares of the bank’s stock valued at $435,000 after acquiring an additional 4,169 shares during the last quarter. Finally, Wallace Advisory Group LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 31.2% in the fourth quarter. Wallace Advisory Group LLC now owns 18,771 shares of the bank’s stock valued at $182,000 after acquiring an additional 4,460 shares during the period. 2.96% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of BBVA stock opened at $10.69 on Friday. The stock has a 50 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 52-week low of $8.63 and a 52-week high of $12.20. The firm has a market capitalization of $62.42 billion, a P/E ratio of 6.14, a P/E/G ratio of 1.05 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.