Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Shares Sold by Altrius Capital Management Inc

Altrius Capital Management Inc trimmed its holdings in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 11.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 680,861 shares of the bank's stock after selling 91,120 shares during the quarter. Banco Bilbao Viscaya Argentaria accounts for approximately 2.3% of Altrius Capital Management Inc's investment portfolio, making the stock its 4th biggest holding. Altrius Capital Management Inc's holdings in Banco Bilbao Viscaya Argentaria were worth $9,273,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Huntington National Bank grew its holdings in Banco Bilbao Viscaya Argentaria by 96.7% during the fourth quarter. Huntington National Bank now owns 3,616 shares of the bank's stock worth $35,000 after acquiring an additional 1,778 shares during the period. IFP Advisors Inc boosted its position in Banco Bilbao Viscaya Argentaria by 20.7% in the 4th quarter. IFP Advisors Inc now owns 5,420 shares of the bank's stock worth $53,000 after purchasing an additional 930 shares in the last quarter. Quinn Opportunity Partners LLC acquired a new stake in shares of Banco Bilbao Viscaya Argentaria during the 4th quarter worth approximately $97,000. Venturi Wealth Management LLC grew its stake in shares of Banco Bilbao Viscaya Argentaria by 901.1% during the 4th quarter. Venturi Wealth Management LLC now owns 10,061 shares of the bank's stock worth $98,000 after purchasing an additional 9,056 shares during the period. Finally, Xponance Inc. purchased a new position in shares of Banco Bilbao Viscaya Argentaria during the 4th quarter valued at approximately $102,000. 2.96% of the stock is owned by institutional investors and hedge funds.

Banco Bilbao Viscaya Argentaria Stock Down 3.1%

Shares of Banco Bilbao Viscaya Argentaria stock traded down $0.48 on Wednesday, reaching $14.84. The company's stock had a trading volume of 1,787,453 shares, compared to its average volume of 1,894,430. 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 $86.64 billion, a P/E ratio of 7.85, a PEG ratio of 1.57 and a beta of 1.08. The stock has a 50-day moving average price of $14.69 and a 200-day moving average price of $12.90.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last posted its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $9.12 billion. Banco Bilbao Viscaya Argentaria had a net margin of 28.85% and a return on equity of 17.97%. Sell-side analysts forecast that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Banco Bilbao Viscaya Argentaria from a "buy" rating to a "hold" rating in a report on Friday, May 30th. Kepler Capital Markets raised shares of Banco Bilbao Viscaya Argentaria from a "reduce" rating to a "hold" rating in a research note on Thursday, February 27th. Two analysts have rated the stock with a hold rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus 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.