One Wealth Advisors LLC Reduces Stake in Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA)

Key Points

• One Wealth Advisors LLC reduced its stake in Banco Bilbao Viscaya Argentaria, selling 16,413 shares for a total decrease of 33.8%, now holding 32,218 shares worth approximately $439,000.
• In contrast, Charles Schwab Investment Management Inc. increased its position by 17.9%, now owning a total of 444,961 shares valued at $4,325,000.
• The bank reported a net margin of 28.85% and $10.61 billion in revenue for the quarter, exceeding analysts' expectations.

One Wealth Advisors LLC decreased its position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 33.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,218 shares of the bank's stock after selling 16,413 shares during the quarter. One Wealth Advisors LLC's holdings in Banco Bilbao Viscaya Argentaria were worth $439,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. increased its position in shares of Banco Bilbao Viscaya Argentaria by 17.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 444,961 shares of the bank's stock valued at $4,325,000 after buying an additional 67,431 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of Banco Bilbao Viscaya Argentaria by 7.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 19,576 shares of the bank's stock worth $190,000 after purchasing an additional 1,437 shares in the last quarter. Thrivent Financial for Lutherans increased its position in shares of Banco Bilbao Viscaya Argentaria by 155.5% during the fourth quarter. Thrivent Financial for Lutherans now owns 34,411 shares of the bank's stock worth $335,000 after purchasing an additional 20,943 shares in the last quarter. Xponance Inc. purchased a new stake in shares of Banco Bilbao Viscaya Argentaria during the fourth quarter worth approximately $102,000. Finally, American Century Companies Inc. increased its position in shares of Banco Bilbao Viscaya Argentaria by 7.5% during the fourth quarter. American Century Companies Inc. now owns 2,226,849 shares of the bank's stock worth $21,645,000 after purchasing an additional 156,006 shares in the last quarter. Institutional investors and hedge funds own 2.96% of the company's stock.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of Banco Bilbao Viscaya Argentaria stock traded up $0.22 during trading hours on Friday, hitting $15.45. The company's stock had a trading volume of 1,631,335 shares, compared to its average volume of 2,413,711. Banco Bilbao Viscaya Argentaria S.A. has a twelve month low of $9.23 and a twelve month high of $16.00. The firm has a fifty day moving average of $15.19 and a 200-day moving average of $13.74. The stock has a market cap of $90.17 billion, a price-to-earnings ratio of 8.17, a P/E/G ratio of 1.19 and a beta of 1.06.

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

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut Banco Bilbao Viscaya Argentaria from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. Two equities research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Buy".

Banco Bilbao Viscaya 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.