Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Cut to Hold at StockNews.com

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Monday.

Several other equities analysts have also recently weighed in on BBVA. Royal Bank of Canada upgraded Banco Bilbao Vizcaya Argentaria to a "moderate buy" rating in a research report on Wednesday, July 31st. Citigroup raised Banco Bilbao Vizcaya Argentaria to a "strong-buy" rating in a research note on Friday, August 9th. One research analyst has rated the stock with a sell rating, two have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold".

Banco Bilbao Vizcaya Argentaria Stock Performance

NYSE:BBVA traded up $0.24 during trading hours on Monday, reaching $10.33. The stock had a trading volume of 1,467,085 shares, compared to its average volume of 1,466,557. The stock has a 50 day simple moving average of $10.28 and a 200 day simple moving average of $10.41. Banco Bilbao Vizcaya Argentaria has a 12-month low of $8.18 and a 12-month high of $12.20. The stock has a market cap of $60.31 billion, a P/E ratio of 5.94, a price-to-earnings-growth ratio of 0.98 and a beta of 1.31.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in BBVA. Clearbridge Investments LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria by 172.8% during the 2nd quarter. Clearbridge Investments LLC now owns 3,096,738 shares of the bank's stock valued at $31,060,000 after acquiring an additional 1,961,553 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Banco Bilbao Vizcaya Argentaria by 5.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 11,103,927 shares of the bank's stock worth $111,371,000 after acquiring an additional 619,836 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Banco Bilbao Vizcaya Argentaria by 9.9% during the second quarter. Envestnet Asset Management Inc. now owns 4,412,058 shares of the bank's stock worth $44,253,000 after buying an additional 396,829 shares during the period. Raymond James & Associates increased its position in Banco Bilbao Vizcaya Argentaria by 91.0% during the third quarter. Raymond James & Associates now owns 776,389 shares of the bank's stock worth $8,416,000 after buying an additional 369,971 shares during the period. Finally, American Century Companies Inc. increased its position in Banco Bilbao Vizcaya Argentaria by 24.2% during the second quarter. American Century Companies Inc. now owns 1,890,079 shares of the bank's stock worth $18,957,000 after buying an additional 368,660 shares during the period. 2.96% of the stock is owned by institutional investors and hedge funds.

About Banco Bilbao Vizcaya Argentaria

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.

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