Banco Bilbao Viscaya Argentaria (BBVA) Stock Rating Lowered by BidaskClub

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Thursday, November 9th.

A number of other equities analysts have also recently commented on BBVA. Zacks Investment Research raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating and set a $9.75 target price on the stock in a report on Friday, July 21st. ValuEngine raised Banco Bilbao Viscaya Argentaria from a “buy” rating to a “strong-buy” rating in a report on Monday, July 24th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $9.75.

Shares of Banco Bilbao Viscaya Argentaria (NYSE BBVA) traded up $0.09 on Thursday, reaching $8.54. The company’s stock had a trading volume of 1,812,290 shares, compared to its average volume of 3,088,732. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.27. Banco Bilbao Viscaya Argentaria has a 1-year low of $6.08 and a 1-year high of $9.35. The stock has a market cap of $56,520.00, a P/E ratio of 13.11, a price-to-earnings-growth ratio of 1.21 and a beta of 0.97.

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

Several large investors have recently made changes to their positions in BBVA. Beacon Investment Advisory Services Inc. bought a new stake in shares of Banco Bilbao Viscaya Argentaria during the third quarter valued at approximately $100,000. Glovista Investments LLC bought a new stake in shares of Banco Bilbao Viscaya Argentaria during the third quarter valued at approximately $108,000. Brown Advisory Inc. raised its stake in shares of Banco Bilbao Viscaya Argentaria by 120.7% during the third quarter. Brown Advisory Inc. now owns 39,430 shares of the bank’s stock valued at $352,000 after acquiring an additional 21,566 shares in the last quarter. Dorsey & Whitney Trust CO LLC raised its stake in shares of Banco Bilbao Viscaya Argentaria by 27.7% during the third quarter. Dorsey & Whitney Trust CO LLC now owns 49,709 shares of the bank’s stock valued at $443,000 after acquiring an additional 10,796 shares in the last quarter. Finally, Cubist Systematic Strategies LLC raised its stake in shares of Banco Bilbao Viscaya Argentaria by 226.3% during the third quarter. Cubist Systematic Strategies LLC now owns 72,318 shares of the bank’s stock valued at $645,000 after acquiring an additional 50,158 shares in the last quarter. Institutional investors and hedge funds own 6.17% of the company’s stock.

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About Banco Bilbao Viscaya Argentaria

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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