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

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Saturday.

Other analysts also recently issued reports about the stock. 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 upgraded shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research report on Thursday, February 27th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of NYSE:BBVA opened at $14.37 on Friday. The stock has a market capitalization of $83.86 billion, a P/E ratio of 7.94, a P/E/G ratio of 0.80 and a beta of 1.26. Banco Bilbao Vizcaya Argentaria has a 1-year low of $9.23 and a 1-year high of $14.38. The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16. The business has a 50-day moving average price of $12.08 and a two-hundred day moving average price of $10.74.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 earnings per share for the quarter, topping the consensus estimate 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%. Equities analysts predict that Banco Bilbao Vizcaya Argentaria will post 1.59 earnings per share for the current year.

Institutional Trading of Banco Bilbao Vizcaya Argentaria

A number of large investors have recently bought and sold shares of BBVA. Atria Investments Inc increased its stake in Banco Bilbao Vizcaya Argentaria by 17.1% during the 3rd quarter. Atria Investments Inc now owns 171,813 shares of the bank’s stock worth $1,862,000 after purchasing an additional 25,093 shares in the last quarter. Axxcess Wealth Management LLC bought a new stake in Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth approximately $113,000. Aptus Capital Advisors LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 17.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 18,644 shares of the bank’s stock worth $202,000 after purchasing an additional 2,827 shares in the last quarter. OneDigital Investment Advisors LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 65.6% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 33,156 shares of the bank’s stock worth $359,000 after purchasing an additional 13,134 shares in the last quarter. Finally, Thrivent Financial for Lutherans bought a new stake in Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth approximately $146,000. 2.96% of the stock is owned by institutional investors.

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.