Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday.

According to Zacks, “Banco Bilbao Vizcaya is engaged in a wide variety of banking, financial and related activities in Spain. “

Several other equities analysts have also recently commented on BBVA. Barclays PLC raised shares of Banco Bilbao Vizcaya Argentaria SA from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, March 22nd. BidaskClub raised shares of Banco Bilbao Vizcaya Argentaria SA from a “hold” rating to a “buy” rating in a research note on Friday, June 30th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $9.25.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ BBVA) traded up 0.93% during mid-day trading on Tuesday, reaching $8.69. 2,267,959 shares of the company were exchanged. Banco Bilbao Vizcaya Argentaria SA has a 12 month low of $5.35 and a 12 month high of $8.70. The company’s 50 day moving average price is $8.25 and its 200-day moving average price is $7.43. The stock has a market capitalization of $57.03 billion and a P/E ratio of 13.25.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) last released its earnings results on Thursday, April 27th. The bank reported $0.18 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.02. The firm had revenue of $6.80 billion for the quarter. Banco Bilbao Vizcaya Argentaria SA had a net margin of 18.03% and a return on equity of 10.08%. On average, equities analysts expect that Banco Bilbao Vizcaya Argentaria SA will post $0.61 earnings per share for the current fiscal year.

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Several institutional investors have recently made changes to their positions in BBVA. Atria Investments LLC boosted its position in shares of Banco Bilbao Vizcaya Argentaria SA by 1.7% in the second quarter. Atria Investments LLC now owns 51,630 shares of the bank’s stock valued at $432,000 after buying an additional 875 shares in the last quarter. Ballentine Partners LLC boosted its position in shares of Banco Bilbao Vizcaya Argentaria SA by 27.6% in the first quarter. Ballentine Partners LLC now owns 43,970 shares of the bank’s stock valued at $339,000 after buying an additional 9,517 shares in the last quarter. Proficio Capital Partners LLC boosted its position in shares of Banco Bilbao Vizcaya Argentaria SA by 59.4% in the first quarter. Proficio Capital Partners LLC now owns 13,103 shares of the bank’s stock valued at $110,000 after buying an additional 4,884 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Banco Bilbao Vizcaya Argentaria SA by 9.8% in the first quarter. Goldman Sachs Group Inc. now owns 2,034,913 shares of the bank’s stock valued at $15,486,000 after buying an additional 181,149 shares in the last quarter. Finally, Aristotle Capital Management LLC boosted its position in shares of Banco Bilbao Vizcaya Argentaria SA by 12.2% in the first quarter. Aristotle Capital Management LLC now owns 33,750,761 shares of the bank’s stock valued at $256,911,000 after buying an additional 3,676,506 shares in the last quarter.

Banco Bilbao Vizcaya Argentaria SA Company Profile

Banco Bilbao Vizcaya Argentaria, SA (BBVA) is a diversified financial company engaged in retail banking, wholesale banking, asset management and private banking. Its segments include Banking Activity in Spain, Real Estate Activity in Spain, the United States Turkey, Mexico, South America and Rest of Eurasia.

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