Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Shares Gap Down - What's Next?

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Get Free Report)'s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $14.83, but opened at $14.50. Banco Bilbao Vizcaya Argentaria shares last traded at $14.54, with a volume of 160,553 shares traded.

Analyst Ratings Changes

A number of research analysts have commented on the company. Kepler Capital Markets upgraded Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a research note on Thursday, February 27th. StockNews.com lowered Banco Bilbao Vizcaya Argentaria from a "buy" rating to a "hold" rating in a report on Saturday, March 15th. Finally, Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "strong-buy" rating in a report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Banco Bilbao Vizcaya Argentaria has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Price Performance

The stock's fifty day moving average is $12.51 and its 200-day moving average is $10.89. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 0.27. The stock has a market capitalization of $82.58 billion, a P/E ratio of 7.81, a PEG ratio of 0.80 and a beta of 1.25.

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Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last released its quarterly 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 return on equity of 17.49% and a net margin of 28.10%. On average, equities analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current year.

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BBVA. Brooklyn Investment Group grew its stake in Banco Bilbao Vizcaya Argentaria by 120.7% in the 4th quarter. Brooklyn Investment Group now owns 3,540 shares of the bank's stock valued at $34,000 after buying an additional 1,936 shares during the last quarter. Huntington National Bank boosted its holdings in Banco Bilbao Vizcaya Argentaria by 96.7% during the fourth 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 acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at about $39,000. Barclays PLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the third quarter worth about $41,000. Finally, Sierra Ocean LLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria during the 4th quarter worth about $49,000. Institutional investors and hedge funds own 2.96% of the company's stock.

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.