Banco Bilbao Viscaya Argentaria (NYSE:BBVA) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Wednesday.

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

A number of other analysts have also weighed in on BBVA. ValuEngine raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research report on Tuesday, November 14th. BidaskClub cut shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Monday, August 14th. Four analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. Banco Bilbao Viscaya Argentaria currently has a consensus rating of “Hold” and a consensus price target of $9.75.

Shares of Banco Bilbao Viscaya Argentaria (BBVA) traded down $0.03 during midday trading on Wednesday, hitting $8.46. The stock had a trading volume of 1,585,100 shares, compared to its average volume of 3,069,243. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.05 and a current ratio of 1.05. Banco Bilbao Viscaya Argentaria has a 12-month low of $6.34 and a 12-month high of $9.35. The stock has a market capitalization of $55,820.00, a P/E ratio of 13.06, a price-to-earnings-growth ratio of 1.21 and a beta of 0.95.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its quarterly earnings data on Friday, October 27th. The bank reported $0.19 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.19. The firm had revenue of $7.27 billion during the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 7.49% and a net margin of 16.46%. research analysts expect that Banco Bilbao Viscaya Argentaria will post 0.76 EPS for the current year.

A number of hedge funds have recently added to or reduced their stakes in the business. Dorsey & Whitney Trust CO LLC boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 27.7% in the 3rd quarter. Dorsey & Whitney Trust CO LLC now owns 49,709 shares of the bank’s stock valued at $443,000 after purchasing an additional 10,796 shares during the last quarter. Brown Advisory Inc. boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 120.7% in the 3rd quarter. Brown Advisory Inc. now owns 39,430 shares of the bank’s stock valued at $352,000 after purchasing an additional 21,566 shares during the last quarter. Harding Loevner LP boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 718.0% in the 3rd quarter. Harding Loevner LP now owns 224,278,507 shares of the bank’s stock valued at $58,375,000 after purchasing an additional 196,859,082 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Banco Bilbao Viscaya Argentaria by 2.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,657,342 shares of the bank’s stock valued at $14,786,000 after acquiring an additional 35,330 shares in the last quarter. Finally, Synovus Financial Corp lifted its holdings in shares of Banco Bilbao Viscaya Argentaria by 4.3% during the 3rd quarter. Synovus Financial Corp now owns 183,951 shares of the bank’s stock valued at $1,645,000 after acquiring an additional 7,579 shares in the last quarter. 3.18% of the stock is owned by hedge funds and other institutional investors.

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Banco Bilbao Viscaya Argentaria 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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