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

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

A number of other brokerages have also weighed in on BBVA. BidaskClub upgraded Banco Bilbao Vizcaya Argentaria SA from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 8th. ValuEngine lowered Banco Bilbao Vizcaya Argentaria SA from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. Banco Bilbao Vizcaya Argentaria SA presently has a consensus rating of “Hold” and a consensus target price of $9.75.

Shares of Banco Bilbao Vizcaya Argentaria SA (BBVA) traded up 0.11% during trading on Thursday, reaching $8.85. The company’s stock had a trading volume of 4,206,523 shares. The stock’s 50 day moving average price is $8.92 and its 200-day moving average price is $8.22. The stock has a market cap of $58.94 billion and a price-to-earnings ratio of 13.09. Banco Bilbao Vizcaya Argentaria SA has a 52-week low of $5.78 and a 52-week high of $9.35.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) last issued its quarterly earnings data on Friday, July 28th. The bank reported $0.18 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.18. The firm had revenue of $6.96 billion for the quarter. Banco Bilbao Vizcaya Argentaria SA had a return on equity of 9.26% and a net margin of 17.53%. Equities analysts anticipate that Banco Bilbao Vizcaya Argentaria SA will post $0.61 EPS for the current year.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in BBVA. Ronald Blue & Co. LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria SA during the first quarter valued at approximately $100,000. Johnson Financial Group LLC boosted its position in shares of Banco Bilbao Vizcaya Argentaria SA by 10.8% during the first quarter. Johnson Financial Group LLC now owns 14,225 shares of the bank’s stock valued at $108,000 after purchasing an additional 1,382 shares in the last quarter. CAPROCK Group Inc. bought a new stake in shares of Banco Bilbao Vizcaya Argentaria SA during the second quarter valued at approximately $109,000. Proficio Capital Partners LLC boosted its position in shares of Banco Bilbao Vizcaya Argentaria SA by 59.4% during the first quarter. Proficio Capital Partners LLC now owns 13,103 shares of the bank’s stock valued at $110,000 after purchasing an additional 4,884 shares in the last quarter. Finally, Stratos Wealth Partners LTD. bought a new stake in shares of Banco Bilbao Vizcaya Argentaria SA during the first quarter valued at approximately $125,000.

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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Analyst Recommendations for Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA)

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