Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Stock Rating Lowered by Societe Generale

Societe Generale downgraded shares of Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) from a hold rating to a sell rating in a report released on Wednesday, Briefing.com Automated Import reports.

BBVA has been the subject of several other reports. ValuEngine lowered Banco Bilbao Vizcaya Argentaria from a sell rating to a strong sell rating in a research note on Friday, March 1st. Credit Suisse Group lowered Banco Bilbao Vizcaya Argentaria from a neutral rating to an underperform rating in a research note on Wednesday, June 12th. Zacks Investment Research lowered Banco Bilbao Vizcaya Argentaria from a buy rating to a hold rating in a research note on Tuesday, April 16th. Finally, Deutsche Bank upgraded Banco Bilbao Vizcaya Argentaria from a hold rating to a buy rating in a research note on Monday, April 1st. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of Hold and an average target price of $6.75.

NYSE:BBVA opened at $5.56 on Wednesday. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.08 and a quick ratio of 1.08. The stock has a market cap of $37.07 billion, a price-to-earnings ratio of 6.70, a price-to-earnings-growth ratio of 3.24 and a beta of 1.01. Banco Bilbao Vizcaya Argentaria has a one year low of $4.99 and a one year high of $7.50. The business has a fifty day moving average of $5.61.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its quarterly earnings data on Monday, April 29th. The bank reported $0.18 EPS for the quarter. The firm had revenue of $6.89 billion during the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 9.80% and a net margin of 23.14%. Research analysts anticipate that Banco Bilbao Vizcaya Argentaria will post 0.74 earnings per share for the current year.

Several large investors have recently bought and sold shares of the company. Avestar Capital LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 9.8% in the 1st quarter. Avestar Capital LLC now owns 22,515 shares of the bank’s stock worth $110,000 after buying an additional 2,001 shares in the last quarter. Eagle Asset Management Inc. increased its stake in Banco Bilbao Vizcaya Argentaria by 8.1% in the 1st quarter. Eagle Asset Management Inc. now owns 27,372 shares of the bank’s stock worth $156,000 after buying an additional 2,048 shares in the last quarter. Advisor Group Inc. increased its stake in Banco Bilbao Vizcaya Argentaria by 4.2% in the 4th quarter. Advisor Group Inc. now owns 60,048 shares of the bank’s stock worth $317,000 after buying an additional 2,437 shares in the last quarter. Pin Oak Investment Advisors Inc. increased its stake in Banco Bilbao Vizcaya Argentaria by 101.6% in the 4th quarter. Pin Oak Investment Advisors Inc. now owns 5,063 shares of the bank’s stock worth $27,000 after buying an additional 2,551 shares in the last quarter. Finally, Aureus Asset Management LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 27.2% in the 1st quarter. Aureus Asset Management LLC now owns 12,877 shares of the bank’s stock worth $74,000 after buying an additional 2,757 shares in the last quarter. Hedge funds and other institutional investors own 2.86% of the company’s stock.

About Banco Bilbao Vizcaya Argentaria

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. The company accepts various deposits, such as current and savings accounts, term deposits, subordinated deposits, and other accounts. It also offers loan products; and foreclosed real-estate assets from residential mortgages and developers, as well as lending to developers.

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Analyst Recommendations for Banco Bilbao Vizcaya Argentaria (NYSE:BBVA)

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