Schechter Investment Advisors LLC Sells 20,955 Shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA)

Schechter Investment Advisors LLC trimmed its position in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Free Report) by 30.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 47,321 shares of the bank's stock after selling 20,955 shares during the quarter. Schechter Investment Advisors LLC's holdings in Banco Bilbao Viscaya Argentaria were worth $645,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Alpine Bank Wealth Management purchased a new stake in Banco Bilbao Viscaya Argentaria during the 1st quarter valued at $29,000. Huntington National Bank boosted its stake in shares of Banco Bilbao Viscaya Argentaria by 96.7% in the 4th quarter. Huntington National Bank now owns 3,616 shares of the bank's stock worth $35,000 after buying an additional 1,778 shares during the last quarter. Private Trust Co. NA boosted its stake in shares of Banco Bilbao Viscaya Argentaria by 224.7% in the 1st quarter. Private Trust Co. NA now owns 2,607 shares of the bank's stock worth $36,000 after buying an additional 1,804 shares during the last quarter. Bessemer Group Inc. lifted its position in Banco Bilbao Viscaya Argentaria by 25.3% during 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. Finally, Wayfinding Financial LLC purchased a new position in Banco Bilbao Viscaya Argentaria during the first quarter valued at $72,000. Institutional investors own 2.96% of the company's stock.

Analyst Ratings Changes

Separately, Wall Street Zen downgraded Banco Bilbao Viscaya Argentaria from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. Two analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Buy".

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of Banco Bilbao Viscaya Argentaria stock traded down $0.09 during trading hours on Friday, hitting $14.77. The company's stock had a trading volume of 781,899 shares, compared to its average volume of 1,990,006. The business has a 50 day moving average price of $15.15 and a two-hundred day moving average price of $13.52. Banco Bilbao Viscaya Argentaria S.A. has a 12-month low of $9.23 and a 12-month high of $16.00. The company has a market cap of $86.20 billion, a PE ratio of 7.81, a PEG ratio of 1.17 and a beta of 1.06.

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

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.