Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Upgraded to “Sell” by ValuEngine

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) was upgraded by research analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Thursday, ValuEngine reports.

Other equities analysts also recently issued research reports about the stock. Societe Generale downgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “sell” rating in a research note on Wednesday, June 26th. Credit Suisse Group downgraded shares of Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research note on Wednesday, June 12th. Finally, Zacks Investment Research upgraded shares of Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “hold” rating in a research note on Thursday, July 25th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $6.75.

Shares of NYSE:BBVA traded down $0.13 during trading on Thursday, hitting $4.98. The company’s stock had a trading volume of 5,007,774 shares, compared to its average volume of 3,457,309. The firm’s 50 day simple moving average is $5.48. The stock has a market cap of $35.41 billion, a P/E ratio of 5.66, a PEG ratio of 3.26 and a beta of 0.99. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.08 and a quick ratio of 1.08. Banco Bilbao Vizcaya Argentaria has a fifty-two week low of $4.96 and a fifty-two week high of $7.05.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its quarterly earnings results on Monday, April 29th. The bank reported $0.18 EPS for the quarter. The business had revenue of $6.89 billion during the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 23.14% and a return on equity of 9.80%. On average, equities analysts predict that Banco Bilbao Vizcaya Argentaria will post 0.7 earnings per share for the current year.

Large investors have recently made changes to their positions in the company. Keybank National Association OH grew its position in shares of Banco Bilbao Vizcaya Argentaria by 22.8% in the second quarter. Keybank National Association OH now owns 398,914 shares of the bank’s stock valued at $2,218,000 after purchasing an additional 74,163 shares during the last quarter. GFS Advisors LLC grew its position in shares of Banco Bilbao Vizcaya Argentaria by 13.2% in the second quarter. GFS Advisors LLC now owns 1,717,964 shares of the bank’s stock valued at $9,552,000 after purchasing an additional 200,000 shares during the last quarter. Advisor Group Inc. grew its position in shares of Banco Bilbao Vizcaya Argentaria by 23.9% in the second quarter. Advisor Group Inc. now owns 76,380 shares of the bank’s stock valued at $425,000 after purchasing an additional 14,736 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in shares of Banco Bilbao Vizcaya Argentaria by 19.5% in the second quarter. Sequoia Financial Advisors LLC now owns 42,629 shares of the bank’s stock valued at $237,000 after purchasing an additional 6,959 shares during the last quarter. Finally, Aperio Group LLC grew its position in shares of Banco Bilbao Vizcaya Argentaria by 4.2% in the second quarter. Aperio Group LLC now owns 2,434,853 shares of the bank’s stock valued at $13,538,000 after purchasing an additional 99,220 shares during the last quarter. 2.86% of the stock is owned by institutional investors and hedge funds.

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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