Avantax Advisory Services Inc. Sells 4,940 Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

Avantax Advisory Services Inc. cut its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) by 8.0% during the 4th quarter, Holdings Channel reports. The fund owned 56,913 shares of the bank’s stock after selling 4,940 shares during the period. Avantax Advisory Services Inc.’s holdings in Banco Bilbao Vizcaya Argentaria were worth $553,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in BBVA. Thrivent Financial for Lutherans purchased a new position in Banco Bilbao Vizcaya Argentaria in the 3rd quarter worth approximately $146,000. Charles Schwab Investment Management Inc. lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 21.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 377,530 shares of the bank’s stock valued at $4,092,000 after purchasing an additional 65,852 shares during the last quarter. Raymond James Trust N.A. purchased a new position in Banco Bilbao Vizcaya Argentaria during the third quarter worth $136,000. Cerity Partners LLC grew its holdings in Banco Bilbao Vizcaya Argentaria by 37.3% during the 3rd quarter. Cerity Partners LLC now owns 393,458 shares of the bank’s stock valued at $4,265,000 after purchasing an additional 106,869 shares during the last quarter. Finally, Bank of Montreal Can increased its stake in Banco Bilbao Vizcaya Argentaria by 6.8% in the third quarter. Bank of Montreal Can now owns 304,192 shares of the bank’s stock worth $3,367,000 after purchasing an additional 19,314 shares during the period. 2.96% of the stock is owned by hedge funds and other institutional investors.

Banco Bilbao Vizcaya Argentaria Stock Performance

NYSE BBVA opened at $14.15 on Friday. The stock has a market capitalization of $82.58 billion, a price-to-earnings ratio of 7.81, a PEG ratio of 0.80 and a beta of 1.25. The stock has a 50-day moving average of $12.51 and a 200 day moving average of $10.88. The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16. Banco Bilbao Vizcaya Argentaria, S.A. has a twelve month low of $9.23 and a twelve month high of $14.84.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its earnings results on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. Sell-side analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on BBVA. Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. StockNews.com cut Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday, March 15th. Finally, Kepler Capital Markets raised Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a report on Thursday, February 27th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Banco Bilbao Vizcaya Argentaria presently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya 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.