Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Upgraded to "Buy" at StockNews.com

StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Free Report) from a hold rating to a buy rating in a research note released on Friday.

BBVA has been the subject of a number of other research reports. Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a report on Thursday, February 27th. Hsbc Global Res upgraded shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 31st. One research analyst has rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Stock Performance

NYSE BBVA traded up $0.29 during trading hours on Friday, reaching $14.15. 7,071,351 shares of the company were exchanged, compared to its average volume of 2,461,508. Banco Bilbao Vizcaya Argentaria has a 1 year low of $9.23 and a 1 year high of $14.28. The business's 50 day simple moving average is $11.65 and its 200-day simple moving average is $10.62. 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 stock has a market capitalization of $82.58 billion, a P/E ratio of 7.81, a P/E/G ratio of 0.80 and a beta of 1.26.

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Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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%. On average, equities research analysts expect that Banco Bilbao Vizcaya Argentaria will post 1.59 earnings per share for the current year.

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

Large investors have recently modified their holdings of the business. Brooklyn Investment Group increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 120.7% in the fourth quarter. Brooklyn Investment Group now owns 3,540 shares of the bank's stock worth $34,000 after purchasing an additional 1,936 shares in the last quarter. Huntington National Bank grew its stake 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 in the last quarter. Barclays PLC purchased a new position in Banco Bilbao Vizcaya Argentaria during the third quarter valued at approximately $41,000. Avion Wealth purchased a new position in Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at approximately $39,000. Finally, Sierra Ocean LLC purchased a new position in Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at approximately $49,000. 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.