Atomi Financial Group Inc. Reduces Stake in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Atomi Financial Group Inc. cut its holdings in shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 3.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 61,161 shares of the bank’s stock after selling 2,352 shares during the quarter. Atomi Financial Group Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $594,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. FMR LLC lifted its holdings in Banco Bilbao Vizcaya Argentaria by 5.7% in the third quarter. FMR LLC now owns 6,370,344 shares of the bank’s stock valued at $69,055,000 after acquiring an additional 344,355 shares during the period. Clearbridge Investments LLC increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 172.8% during the 2nd quarter. Clearbridge Investments LLC now owns 3,096,738 shares of the bank’s stock valued at $31,060,000 after purchasing an additional 1,961,553 shares in the last quarter. Crossmark Global Holdings Inc. lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 5.8% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 1,270,460 shares of the bank’s stock valued at $13,772,000 after purchasing an additional 70,192 shares during the period. QRG Capital Management Inc. boosted its holdings in Banco Bilbao Vizcaya Argentaria by 3.4% during the third quarter. QRG Capital Management Inc. now owns 1,002,702 shares of the bank’s stock worth $10,869,000 after buying an additional 32,823 shares in the last quarter. Finally, US Bancorp DE grew its position in Banco Bilbao Vizcaya Argentaria by 1.7% during the third quarter. US Bancorp DE now owns 945,836 shares of the bank’s stock valued at $10,253,000 after buying an additional 15,636 shares during the period. 2.96% of the stock is owned by hedge funds and other institutional investors.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of BBVA stock opened at $11.17 on Friday. Banco Bilbao Vizcaya Argentaria, S.A. has a 1-year low of $8.65 and a 1-year high of $12.20. The company has a market cap of $65.18 billion, a price-to-earnings ratio of 6.42, a PEG ratio of 0.69 and a beta of 1.27. The stock has a 50 day simple moving average of $9.94 and a 200-day simple moving average of $10.16.

Analysts Set New Price Targets

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

Banco Bilbao Vizcaya Argentaria Company 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.