Ativo Capital Management LLC Has $1.45 Million Stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA)

Ativo Capital Management LLC decreased its position in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 30.9% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 106,653 shares of the bank's stock after selling 47,694 shares during the period. Banco Bilbao Viscaya Argentaria comprises about 1.2% of Ativo Capital Management LLC's investment portfolio, making the stock its 26th biggest holding. Ativo Capital Management LLC's holdings in Banco Bilbao Viscaya Argentaria were worth $1,453,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. IFP Advisors Inc boosted its position in Banco Bilbao Viscaya Argentaria by 20.7% during the 4th quarter. IFP Advisors Inc now owns 5,420 shares of the bank's stock worth $53,000 after acquiring an additional 930 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Banco Bilbao Viscaya Argentaria by 3.1% in the fourth quarter. Bank of New York Mellon Corp now owns 421,256 shares of the bank's stock worth $4,095,000 after purchasing an additional 12,616 shares in the last quarter. SVB Wealth LLC purchased a new stake in shares of Banco Bilbao Viscaya Argentaria in the fourth quarter worth approximately $340,000. Jones Financial Companies Lllp boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 35.2% during the fourth quarter. Jones Financial Companies Lllp now owns 32,697 shares of the bank's stock worth $318,000 after purchasing an additional 8,514 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Banco Bilbao Viscaya Argentaria by 17.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 444,961 shares of the bank's stock valued at $4,325,000 after purchasing an additional 67,431 shares in the last quarter. 2.96% of the stock is currently owned by hedge funds and other institutional investors.

Banco Bilbao Viscaya Argentaria Price Performance

BBVA traded up $0.24 during trading on Friday, reaching $15.64. 1,532,790 shares of the stock traded hands, compared to its average volume of 1,909,615. The stock's 50-day simple moving average is $14.94 and its two-hundred day simple moving average is $13.22. Banco Bilbao Viscaya Argentaria S.A. has a fifty-two week low of $9.23 and a fifty-two week high of $15.67. The stock has a market cap of $91.31 billion, a price-to-earnings ratio of 8.28, a price-to-earnings-growth ratio of 1.54 and a beta of 1.06.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The bank reported $0.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.47. The business had revenue of $10.61 billion during the quarter, compared to analyst estimates of $9.12 billion. Banco Bilbao Viscaya Argentaria had a return on equity of 17.97% and a net margin of 28.85%. Research analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of Banco Bilbao Viscaya Argentaria from a "hold" rating to a "buy" rating in a research report on Saturday, June 28th. One equities research analyst has rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Buy".

Banco Bilbao Viscaya 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.