Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) was downgraded by equities researchers at Citigroup Inc. from a “neutral” rating to a “sell” rating in a research report issued to clients and investors on Thursday.

Other analysts also recently issued reports about the company. Jefferies Group downgraded Banco Bilbao Vizcaya Argentaria SA from a “buy” rating to a “hold” rating in a research note on Wednesday. Zacks Investment Research raised Banco Bilbao Vizcaya Argentaria SA from a “sell” rating to a “hold” rating in a research note on Friday, August 19th. Barclays PLC raised Banco Bilbao Vizcaya Argentaria SA from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, September 6th. HSBC reissued a “hold” rating on shares of Banco Bilbao Vizcaya Argentaria SA in a research note on Thursday, September 15th. Finally, RBC Capital Markets raised Banco Bilbao Vizcaya Argentaria SA from a “sector perform” rating to an “outperform” rating in a research note on Wednesday, October 19th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $7.00.

Analyst Recommendations for Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA)

Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) traded down 1.33% during mid-day trading on Thursday, reaching $6.66. The company had a trading volume of 2,747,800 shares. Banco Bilbao Vizcaya Argentaria SA has a 12-month low of $5.14 and a 12-month high of $8.42. The company has a market capitalization of $42.14 billion and a price-to-earnings ratio of 15.52. The stock has a 50-day moving average of $6.49 and a 200 day moving average of $6.19.

The company also recently disclosed a dividend, which was paid on Monday, October 31st. Shareholders of record on Tuesday, October 4th were issued a dividend of $0.072 per share. The ex-dividend date was Friday, September 30th.

A number of institutional investors have recently made changes to their positions in BBVA. BlackRock Investment Management LLC raised its position in Banco Bilbao Vizcaya Argentaria SA by 1,325,862.6% in the third quarter. BlackRock Investment Management LLC now owns 3,513,801 shares of the company’s stock worth $20,942,000 after buying an additional 3,513,536 shares during the last quarter. Cambiar Investors LLC raised its position in Banco Bilbao Vizcaya Argentaria SA by 9.6% in the third quarter. Cambiar Investors LLC now owns 24,582,766 shares of the company’s stock worth $146,513,000 after buying an additional 2,153,674 shares during the last quarter. Thomas White International Ltd. bought a new position in Banco Bilbao Vizcaya Argentaria SA during the third quarter worth approximately $3,092,000. Evergreen Capital Management LLC bought a new position in Banco Bilbao Vizcaya Argentaria SA during the third quarter worth approximately $2,722,000. Finally, Harding Loevner LP raised its position in Banco Bilbao Vizcaya Argentaria SA by 5.2% in the third quarter. Harding Loevner LP now owns 9,205,972 shares of the company’s stock worth $54,867,000 after buying an additional 456,203 shares during the last quarter.

Banco Bilbao Vizcaya Argentaria SA Company Profile

Banco Bilbao Vizcaya Argentaria, SA is a diversified international financial company engaged in retail banking, asset management, private banking and wholesale banking. The Company operates through seven segments: Banking Activity in Spain, Real Estate Activity in Spain, Turkey, Rest of Eurasia, Mexico, South America and United States.

5 Day Chart for NASDAQ:BBVA

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