Zacks Investment Research cut shares of Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) from a buy rating to a hold rating in a research note released on Tuesday, July 11th.

According to Zacks, “Banco Bilbao Vizcaya is engaged in a wide variety of banking, financial and related activities in Spain. “

BBVA has been the subject of several other reports. BidaskClub upgraded shares of Banco Bilbao Vizcaya Argentaria SA from a hold rating to a buy rating in a research report on Friday, June 30th. Barclays PLC upgraded shares of Banco Bilbao Vizcaya Argentaria SA from an equal weight rating to an overweight rating in a research report on Wednesday, March 22nd. Finally, UBS AG upgraded shares of Banco Bilbao Vizcaya Argentaria SA from a sell rating to a neutral rating in a research report on Thursday, May 4th. Three research analysts have rated the stock with a sell rating, three have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Banco Bilbao Vizcaya Argentaria SA presently has an average rating of Hold and an average price target of $9.75.

Shares of Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) traded up 0.32% during trading on Tuesday, reaching $9.27. The company had a trading volume of 1,842,633 shares. The company has a market cap of $61.74 billion and a price-to-earnings ratio of 14.11. Banco Bilbao Vizcaya Argentaria SA has a 12 month low of $5.57 and a 12 month high of $9.30. The firm has a 50 day moving average price of $8.58 and a 200 day moving average price of $7.75.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) last issued its quarterly earnings data on Friday, July 28th. The bank reported $0.18 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.18. The firm had revenue of $6.96 billion during the quarter. Banco Bilbao Vizcaya Argentaria SA had a net margin of 18.03% and a return on equity of 10.08%. Analysts predict that Banco Bilbao Vizcaya Argentaria SA will post $0.61 earnings per share for the current year.

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Several large investors have recently added to or reduced their stakes in BBVA. Guggenheim Capital LLC increased its stake in Banco Bilbao Vizcaya Argentaria SA by 530.2% in the fourth quarter. Guggenheim Capital LLC now owns 445,638 shares of the bank’s stock worth $3,017,000 after buying an additional 374,923 shares during the last quarter. Cypress Wealth Advisors LLC increased its stake in Banco Bilbao Vizcaya Argentaria SA by 0.4% in the first quarter. Cypress Wealth Advisors LLC now owns 39,579 shares of the bank’s stock worth $301,000 after buying an additional 152 shares during the last quarter. Harding Loevner LP increased its stake in Banco Bilbao Vizcaya Argentaria SA by 8.1% in the first quarter. Harding Loevner LP now owns 25,803,741 shares of the bank’s stock worth $196,367,000 after buying an additional 1,932,610 shares during the last quarter. Fox Run Management L.L.C. acquired a new stake in Banco Bilbao Vizcaya Argentaria SA during the first quarter worth $148,000. Finally, Ameriprise Financial Inc. increased its stake in Banco Bilbao Vizcaya Argentaria SA by 2.1% in the first quarter. Ameriprise Financial Inc. now owns 186,156 shares of the bank’s stock worth $1,417,000 after buying an additional 3,820 shares during the last quarter.

About Banco Bilbao Vizcaya Argentaria SA

Banco Bilbao Vizcaya Argentaria, SA (BBVA) is a diversified financial company engaged in retail banking, wholesale banking, asset management and private banking. Its segments include Banking Activity in Spain, Real Estate Activity in Spain, the United States Turkey, Mexico, South America and Rest of Eurasia.

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