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

StockNews.com lowered shares of Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Free Report) from a buy rating to a hold rating in a research note issued to investors on Thursday.

A number of other equities research analysts also recently commented on the company. Hsbc Global Res raised Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "strong-buy" rating in a report on Friday, January 31st. Kepler Capital Markets raised shares of Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of NYSE BBVA traded up $0.18 during midday trading on Thursday, reaching $13.41. The company had a trading volume of 2,534,418 shares, compared to its average volume of 2,173,609. Banco Bilbao Vizcaya Argentaria has a 1 year low of $9.23 and a 1 year high of $13.71. The business's 50-day simple moving average is $11.26 and its 200 day simple moving average is $10.51. The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16. The stock has a market cap of $78.29 billion, a P/E ratio of 7.41, a P/E/G ratio of 0.80 and a beta of 1.27.

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

Institutional Trading of Banco Bilbao Vizcaya Argentaria

Hedge funds have recently modified their holdings of the stock. Brooklyn Investment Group lifted its holdings in Banco Bilbao Vizcaya Argentaria by 120.7% in the fourth quarter. Brooklyn Investment Group now owns 3,540 shares of the bank's stock valued at $34,000 after acquiring an additional 1,936 shares during the period. Huntington National Bank grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 96.7% during the 4th quarter. Huntington National Bank now owns 3,616 shares of the bank's stock worth $35,000 after purchasing an additional 1,778 shares during the period. Avion Wealth purchased a new position in shares of Banco Bilbao Vizcaya Argentaria during the 4th quarter valued at approximately $39,000. Barclays PLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria in the 3rd quarter valued at $41,000. Finally, Sierra Ocean LLC purchased a new stake in Banco Bilbao Vizcaya Argentaria during the fourth quarter worth $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.