Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Stock Holdings Lessened by Schechter Investment Advisors LLC

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

Other hedge funds also recently made changes to their positions in the company. New York State Common Retirement Fund acquired a new position in Banco Bilbao Viscaya Argentaria during the first quarter worth about $3,081,000. Kathmere Capital Management LLC increased its holdings in Banco Bilbao Viscaya Argentaria by 15.9% during the 1st quarter. Kathmere Capital Management LLC now owns 51,865 shares of the bank's stock valued at $706,000 after acquiring an additional 7,122 shares in the last quarter. Diversify Wealth Management LLC increased its holdings in Banco Bilbao Viscaya Argentaria by 8.9% during the 1st quarter. Diversify Wealth Management LLC now owns 112,171 shares of the bank's stock valued at $1,575,000 after acquiring an additional 9,129 shares in the last quarter. Leavell Investment Management Inc. increased its holdings in Banco Bilbao Viscaya Argentaria by 97.5% during the 1st quarter. Leavell Investment Management Inc. now owns 55,258 shares of the bank's stock valued at $753,000 after acquiring an additional 27,275 shares in the last quarter. Finally, Greenleaf Trust increased its holdings in Banco Bilbao Viscaya Argentaria by 2.0% during the 1st quarter. Greenleaf Trust now owns 80,553 shares of the bank's stock valued at $1,097,000 after acquiring an additional 1,593 shares in the last quarter. Institutional investors and hedge funds own 2.96% of the company's stock.

Banco Bilbao Viscaya Argentaria Trading Down 2.8%

BBVA traded down $0.43 during trading on Tuesday, hitting $14.73. 2,576,052 shares of the company's stock were exchanged, compared to its average volume of 1,971,227. Banco Bilbao Viscaya Argentaria S.A. has a 1 year low of $9.23 and a 1 year high of $16.00. The stock has a 50 day moving average price of $15.12 and a 200 day moving average price of $13.46. The firm has a market cap of $85.99 billion, a P/E ratio of 7.79, a price-to-earnings-growth ratio of 1.48 and a beta of 1.06.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The bank reported $0.47 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.47. Banco Bilbao Viscaya Argentaria had a net margin of 28.85% and a return on equity of 17.97%. The company had revenue of $10.61 billion during the quarter, compared to the consensus estimate of $9.12 billion. Analysts forecast 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 downgraded shares of Banco Bilbao Viscaya Argentaria from a "buy" rating to a "hold" rating in a report on Saturday. Two investment analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently 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.