Ativo Capital Management LLC Decreases Holdings in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA)

Ativo Capital Management LLC lowered its position in shares of 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 Securities & Exchange Commission. The institutional investor owned 106,653 shares of the bank's stock after selling 47,694 shares during the quarter. Banco Bilbao Viscaya Argentaria makes up approximately 1.2% of Ativo Capital Management LLC's holdings, 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 also recently modified their holdings of the company. Bessemer Group Inc. increased its stake in Banco Bilbao Viscaya Argentaria by 25.3% in the first quarter. Bessemer Group Inc. now owns 3,901 shares of the bank's stock valued at $53,000 after purchasing an additional 787 shares in the last quarter. HighPoint Advisor Group LLC grew its position in Banco Bilbao Viscaya Argentaria by 4.3% in the fourth quarter. HighPoint Advisor Group LLC now owns 20,975 shares of the bank's stock valued at $204,000 after purchasing an additional 862 shares in the last quarter. IFP Advisors Inc grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 20.7% in the 4th quarter. IFP Advisors Inc now owns 5,420 shares of the bank's stock valued at $53,000 after acquiring an additional 930 shares in the last quarter. Seven Mile Advisory raised its stake in shares of Banco Bilbao Viscaya Argentaria by 4.7% during the 4th quarter. Seven Mile Advisory now owns 20,999 shares of the bank's stock worth $204,000 after purchasing an additional 950 shares in the last quarter. Finally, First Affirmative Financial Network grew its position in shares of Banco Bilbao Viscaya Argentaria by 6.2% in the 1st quarter. First Affirmative Financial Network now owns 16,881 shares of the bank's stock valued at $230,000 after acquiring an additional 979 shares during the period. Institutional investors own 2.96% of the company's stock.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of Banco Bilbao Viscaya Argentaria stock traded up $0.24 on Thursday, reaching $15.64. 1,532,790 shares of the company's stock were exchanged, compared to its average volume of 1,904,201. Banco Bilbao Viscaya Argentaria S.A. has a 52 week low of $9.23 and a 52 week high of $15.67. The company has a market capitalization of $91.31 billion, a P/E ratio of 8.11, a price-to-earnings-growth ratio of 1.52 and a beta of 1.06. The firm's 50-day moving average is $14.88 and its two-hundred day moving average is $13.09.

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

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Banco Bilbao Viscaya Argentaria from a "hold" rating to a "buy" rating in a research report on Saturday, June 28th. One 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's stock. According to MarketBeat.com, Banco Bilbao Viscaya Argentaria presently has an average rating of "Buy".

About Banco Bilbao Viscaya 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.