Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Shares Gap Down to $9.82

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVAGet Free Report)’s share price gapped down before the market opened on Friday . The stock had previously closed at $9.82, but opened at $9.52. Banco Bilbao Vizcaya Argentaria shares last traded at $9.50, with a volume of 163,792 shares trading hands.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on BBVA shares. BNP Paribas cut shares of Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a report on Wednesday. Barclays cut Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a research report on Monday, March 25th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

View Our Latest Research Report on Banco Bilbao Vizcaya Argentaria

Banco Bilbao Vizcaya Argentaria Stock Down 1.3 %

The stock’s fifty day simple moving average is $10.81 and its two-hundred day simple moving average is $10.18. The firm has a market cap of $57.81 billion, a PE ratio of 6.68, a PEG ratio of 0.85 and a beta of 1.31.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVAGet Free Report) last announced its quarterly earnings results on Monday, April 29th. The bank reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.05. Banco Bilbao Vizcaya Argentaria had a net margin of 26.90% and a return on equity of 15.34%. The company had revenue of $8.92 billion during the quarter. On average, equities research analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Banco Bilbao Vizcaya Argentaria

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pathstone Family Office LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 3rd quarter valued at $151,000. HighTower Advisors LLC increased its holdings in Banco Bilbao Vizcaya Argentaria by 3.5% in the 3rd quarter. HighTower Advisors LLC now owns 242,002 shares of the bank’s stock valued at $1,944,000 after acquiring an additional 8,266 shares during the last quarter. UBS Group AG increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 56.9% in the third quarter. UBS Group AG now owns 998,161 shares of the bank’s stock worth $8,035,000 after purchasing an additional 362,073 shares during the last quarter. Citigroup Inc. increased its stake in Banco Bilbao Vizcaya Argentaria by 7.4% in the 3rd quarter. Citigroup Inc. now owns 151,163 shares of the bank’s stock worth $1,217,000 after acquiring an additional 10,437 shares during the last quarter. Finally, Atomi Financial Group Inc. purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth approximately $106,000. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Company Profile

(Get Free Report)

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.

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