Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Cut to “Hold” at StockNews.com

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Friday.

Several other brokerages have also commented on BBVA. Kepler Capital Markets raised Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a report on Thursday, February 27th. Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of NYSE BBVA opened at $14.15 on Friday. The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16. The firm’s 50-day moving average price is $12.79 and its 200-day moving average price is $10.99. Banco Bilbao Vizcaya Argentaria has a 52-week low of $9.23 and a 52-week high of $14.84. The company has a market cap of $82.58 billion, a PE ratio of 7.81, a PEG ratio of 0.80 and a beta of 1.26.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate 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%. As a group, analysts anticipate that Banco Bilbao Vizcaya Argentaria will post 1.59 EPS for the current year.

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

A number of institutional investors have recently bought and sold shares of the stock. Brooklyn Investment Group grew its holdings 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 during the period. Huntington National Bank grew its stake 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 valued at $35,000 after acquiring an additional 1,778 shares during the period. Avion Wealth purchased a new stake in Banco Bilbao Vizcaya Argentaria in the 4th quarter worth approximately $39,000. Barclays PLC purchased a new stake in Banco Bilbao Vizcaya Argentaria in the 3rd quarter worth approximately $41,000. Finally, Sierra Ocean LLC bought a new stake in Banco Bilbao Vizcaya Argentaria during the 4th quarter worth approximately $49,000. 2.96% of the stock is owned by 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.