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

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

BBVA has been the topic of several other reports. Hsbc Global Res raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. Kepler Capital Markets raised shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research report on Thursday, February 27th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Trading Down 0.5 %

Shares of BBVA opened at $14.15 on Friday. Banco Bilbao Vizcaya Argentaria has a 1-year low of $9.23 and a 1-year high of $14.84. 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 firm’s 50-day moving average price is $12.79 and its 200-day moving average price is $10.99. The firm 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 1.26.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, topping 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%. Sell-side analysts anticipate that Banco Bilbao Vizcaya Argentaria will post 1.59 EPS for the current year.

Institutional Investors Weigh In On Banco Bilbao Vizcaya Argentaria

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

About Banco Bilbao Vizcaya Argentaria

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.