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 to investors on Friday.

A number of other research firms have also weighed in on BBVA. Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. Kepler Capital Markets upgraded Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Banco Bilbao Vizcaya Argentaria currently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Down 2.9 %

NYSE BBVA opened at $13.73 on Friday. The business has a fifty day moving average price of $12.86 and a 200 day moving average price of $11.03. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01. The company has a market cap of $80.13 billion, a P/E ratio of 7.58, a P/E/G ratio of 0.80 and a beta of 1.26. Banco Bilbao Vizcaya Argentaria has a one year low of $9.23 and a one year high of $14.84.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its earnings results on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, beating analysts’ consensus estimates 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%. Research analysts anticipate that Banco Bilbao Vizcaya Argentaria will post 1.59 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in BBVA. Brooklyn Investment Group raised its position in Banco Bilbao Vizcaya Argentaria by 120.7% in 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 during the period. Huntington National Bank increased its position in shares of Banco Bilbao Vizcaya Argentaria by 96.7% during the 4th quarter. Huntington National Bank now owns 3,616 shares of the bank’s stock worth $35,000 after purchasing an additional 1,778 shares during the last quarter. Avion Wealth purchased a new stake in Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at about $39,000. Barclays PLC acquired a new position in Banco Bilbao Vizcaya Argentaria in the third quarter valued at about $41,000. Finally, Sierra Ocean LLC purchased a new position in Banco Bilbao Vizcaya Argentaria during the fourth quarter worth about $49,000. 2.96% of the stock is currently owned by institutional investors and hedge funds.

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.