Banco Bilbao Viscaya Argentaria S.A. $BBVA Shares Sold by Atria Investments Inc

Atria Investments Inc cut its holdings in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 20.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 122,307 shares of the bank’s stock after selling 31,577 shares during the quarter. Atria Investments Inc’s holdings in Banco Bilbao Viscaya Argentaria were worth $2,354,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Navigoe LLC acquired a new stake in Banco Bilbao Viscaya Argentaria during the 3rd quarter valued at $26,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Banco Bilbao Viscaya Argentaria in the second quarter valued at $30,000. Cornerstone Planning Group LLC boosted its stake in shares of Banco Bilbao Viscaya Argentaria by 183.2% during the third quarter. Cornerstone Planning Group LLC now owns 1,597 shares of the bank’s stock valued at $32,000 after acquiring an additional 1,033 shares during the last quarter. Salomon & Ludwin LLC increased its position in Banco Bilbao Viscaya Argentaria by 2,989.5% during the 3rd quarter. Salomon & Ludwin LLC now owns 2,348 shares of the bank’s stock worth $45,000 after purchasing an additional 2,272 shares in the last quarter. Finally, Westside Investment Management Inc. raised its stake in Banco Bilbao Viscaya Argentaria by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 2,316 shares of the bank’s stock valued at $45,000 after purchasing an additional 1,158 shares during the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Banco Bilbao Viscaya Argentaria Trading Down 2.7%

NYSE BBVA opened at $22.69 on Tuesday. The stock has a market cap of $130.76 billion, a P/E ratio of 11.52, a PEG ratio of 0.79 and a beta of 0.80. The company’s fifty day simple moving average is $23.88 and its 200-day simple moving average is $21.03. The company has a current ratio of 1.13, a quick ratio of 0.98 and a debt-to-equity ratio of 1.32. Banco Bilbao Viscaya Argentaria S.A. has a 52 week low of $11.59 and a 52 week high of $26.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its quarterly earnings data on Thursday, February 5th. The bank reported $0.50 EPS for the quarter, hitting analysts’ consensus estimates of $0.50. Banco Bilbao Viscaya Argentaria had a net margin of 28.43% and a return on equity of 17.29%. Equities research analysts predict that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Weiss Ratings reiterated a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, December 29th. Morgan Stanley assumed coverage on shares of Banco Bilbao Viscaya Argentaria in a research note on Tuesday, October 21st. They issued an “equal weight” rating for the company. Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Zacks Research raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada downgraded Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Banco Bilbao Viscaya Argentaria has an average rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) is a Spanish multinational financial services group headquartered in Bilbao, Spain. The bank traces its roots to several historic regional banks and was formed through a series of mergers that consolidated its position as one of Spain’s largest banking groups. BBVA operates as a universal bank offering a broad range of financial services to retail, corporate and institutional clients.

BBVA’s core businesses include retail and commercial banking, corporate and investment banking, private banking and wealth management, asset management, and insurance.