Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Downgraded by StockNews.com to Hold

StockNews.com downgraded shares of Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) from a buy rating to a hold rating in a research report released on Saturday morning.

A number of other equities research analysts also recently weighed in on BBVA. Hsbc Global Res upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. Kepler Capital Markets raised Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a report on Thursday, February 27th. One investment 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. According to MarketBeat.com, Banco Bilbao Vizcaya Argentaria presently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Up 1.2 %

BBVA opened at $14.51 on Friday. The stock’s fifty day simple moving average is $12.17 and its 200 day simple moving average is $10.77. Banco Bilbao Vizcaya Argentaria has a 1-year low of $9.23 and a 1-year high of $14.53. The stock has a market cap of $84.68 billion, a PE ratio of 8.01, a price-to-earnings-growth ratio of 0.80 and a beta of 1.26. 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 (NYSE:BBVA) last released its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a net margin of 28.10% and a return on equity of 17.49%. As a group, research analysts expect that Banco Bilbao Vizcaya Argentaria will post 1.59 earnings per share for the current year.

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

Large investors have recently modified their holdings of the business. Brooklyn Investment Group lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 120.7% in the fourth quarter. Brooklyn Investment Group now owns 3,540 shares of the bank’s stock worth $34,000 after acquiring an additional 1,936 shares during the period. Huntington National Bank lifted its position in shares of Banco Bilbao Vizcaya 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 purchasing an additional 1,778 shares during the period. Barclays PLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 3rd quarter valued at $41,000. Avion Wealth acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter worth $39,000. Finally, Sierra Ocean LLC bought a new position in Banco Bilbao Vizcaya Argentaria during the fourth quarter worth $49,000. Institutional investors own 2.96% of the company’s stock.

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.