Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Rating Increased to Hold at Kepler Capital Markets

Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) from a reduce rating to a hold rating in a report released on Thursday, Marketbeat Ratings reports.

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 report on Friday, January 31st. StockNews.com raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Banco Bilbao Vizcaya Argentaria presently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

BBVA stock opened at $13.29 on Thursday. The stock has a market capitalization of $77.56 billion, a PE ratio of 7.34, a price-to-earnings-growth ratio of 0.80 and a beta of 1.27. Banco Bilbao Vizcaya Argentaria has a 12-month low of $9.23 and a 12-month high of $13.59. 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 stock’s 50 day simple moving average is $11.19 and its 200 day simple moving average is $10.47.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 earnings per share (EPS) for the quarter, beating 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%. As a group, research analysts forecast that Banco Bilbao Vizcaya Argentaria will post 1.59 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

Several institutional investors and hedge funds have recently bought and sold shares of BBVA. Brooklyn Investment Group lifted its position in Banco Bilbao Vizcaya Argentaria by 120.7% during the fourth quarter. Brooklyn Investment Group now owns 3,540 shares of the bank’s stock valued at $34,000 after purchasing an additional 1,936 shares in the last quarter. Huntington National Bank lifted its position in Banco Bilbao Vizcaya Argentaria by 96.7% during the fourth quarter. Huntington National Bank now owns 3,616 shares of the bank’s stock valued at $35,000 after purchasing an additional 1,778 shares in the last quarter. Avion Wealth purchased a new position in Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at $39,000. Barclays PLC purchased a new position in Banco Bilbao Vizcaya Argentaria during the third quarter valued at $41,000. Finally, Sierra Ocean LLC purchased a new position in Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at $49,000. 2.96% of the stock is currently owned by hedge funds and other 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.