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

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Get Free Report)'s share price gapped down prior to trading on Thursday . The stock had previously closed at $9.72, but opened at $9.45. Banco Bilbao Vizcaya Argentaria shares last traded at $9.46, with a volume of 250,771 shares trading hands.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "buy" rating in a research report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Stock Down 2.4 %

The stock's fifty day simple moving average is $9.77 and its 200-day simple moving average is $10.12. The company has a market capitalization of $55.40 billion, a PE ratio of 5.45, a PEG ratio of 0.98 and a beta of 1.28.

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

A number of large investors have recently bought and sold shares of BBVA. Baron Wealth Management LLC grew its holdings in Banco Bilbao Vizcaya Argentaria by 4.8% during the 3rd quarter. Baron Wealth Management LLC now owns 25,236 shares of the bank's stock valued at $274,000 after purchasing an additional 1,166 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Banco Bilbao Vizcaya Argentaria by 4.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 33,510 shares of the bank's stock valued at $353,000 after buying an additional 1,392 shares during the last quarter. Legacy Financial Advisors Inc. boosted its stake in Banco Bilbao Vizcaya Argentaria by 9.9% in the second quarter. Legacy Financial Advisors Inc. now owns 16,004 shares of the bank's stock valued at $161,000 after acquiring an additional 1,444 shares during the period. Beverly Hills Private Wealth LLC grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 5.8% during the second quarter. Beverly Hills Private Wealth LLC now owns 26,964 shares of the bank's stock valued at $270,000 after purchasing an additional 1,480 shares during the last quarter. Finally, Truist Financial Corp lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 0.4% in the 2nd quarter. Truist Financial Corp now owns 373,859 shares of the bank's stock worth $3,750,000 after purchasing an additional 1,531 shares during the last quarter. Hedge funds and other institutional investors 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.