Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Stock Rating Upgraded by StockNews.com

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday.

A number of other equities analysts have also issued reports on the company. Royal Bank of Canada raised Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a report on Wednesday, July 31st. Citigroup raised Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a report on Friday, August 9th. One research analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of BBVA stock opened at $9.72 on Tuesday. The stock’s 50-day moving average is $10.24 and its two-hundred day moving average is $10.38. The firm has a market cap of $56.72 billion, a price-to-earnings ratio of 5.58, a PEG ratio of 0.96 and a beta of 1.31. Banco Bilbao Vizcaya Argentaria has a 1 year low of $8.47 and a 1 year high of $12.20.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. West Family Investments Inc. increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 14.8% during the 3rd quarter. West Family Investments Inc. now owns 31,660 shares of the bank’s stock worth $343,000 after buying an additional 4,083 shares during the last quarter. Baron Wealth Management LLC increased its holdings in Banco Bilbao Vizcaya Argentaria by 4.8% in the 3rd quarter. Baron Wealth Management LLC now owns 25,236 shares of the bank’s stock valued at $274,000 after purchasing an additional 1,166 shares in the last quarter. Thrivent Financial for Lutherans acquired a new stake in Banco Bilbao Vizcaya Argentaria in the 3rd quarter valued at $146,000. OneDigital Investment Advisors LLC increased its holdings in Banco Bilbao Vizcaya Argentaria by 65.6% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 33,156 shares of the bank’s stock valued at $359,000 after purchasing an additional 13,134 shares in the last quarter. Finally, Wealthstream Advisors Inc. acquired a new stake in Banco Bilbao Vizcaya Argentaria in the 3rd quarter valued at $109,000. Hedge funds and other 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.