Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.

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

BBVA has been the topic of several other research reports. BidaskClub raised Banco Bilbao Vizcaya Argentaria SA from a “hold” rating to a “buy” rating in a report on Monday, July 31st. UBS AG raised Banco Bilbao Vizcaya Argentaria SA from a “sell” rating to a “neutral” rating in a report on Thursday, May 4th. Finally, ValuEngine raised Banco Bilbao Vizcaya Argentaria SA from a “buy” rating to a “strong-buy” rating in a report on Monday, July 24th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Banco Bilbao Vizcaya Argentaria SA presently has an average rating of “Hold” and a consensus price target of $9.75.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) traded up 0.45% during midday trading on Friday, reaching $8.90. The company’s stock had a trading volume of 1,817,232 shares. Banco Bilbao Vizcaya Argentaria SA has a 12-month low of $5.78 and a 12-month high of $9.35. The company has a market cap of $59.28 billion and a P/E ratio of 13.38. The firm has a 50 day moving average price of $8.89 and a 200-day moving average price of $8.01.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) last posted its earnings results on Friday, July 28th. The bank reported $0.18 EPS for the quarter, meeting the consensus estimate of $0.18. The firm had revenue of $6.96 billion for the quarter. Banco Bilbao Vizcaya Argentaria SA had a return on equity of 9.26% and a net margin of 17.53%. On average, equities research analysts predict that Banco Bilbao Vizcaya Argentaria SA will post $0.61 earnings per share for the current fiscal year.

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Institutional investors have recently modified their holdings of the company. Boyd Watterson Asset Management LLC OH raised its position in shares of Banco Bilbao Vizcaya Argentaria SA by 0.4% in the second quarter. Boyd Watterson Asset Management LLC OH now owns 19,030 shares of the bank’s stock valued at $159,000 after buying an additional 67 shares during the last quarter. Cypress Wealth Advisors LLC raised its position in shares of 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 valued at $301,000 after buying an additional 152 shares during the last quarter. Cadence Bank NA raised its position in shares of Banco Bilbao Vizcaya Argentaria SA by 1.0% in the second quarter. Cadence Bank NA now owns 36,443 shares of the bank’s stock valued at $305,000 after buying an additional 370 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in shares of Banco Bilbao Vizcaya Argentaria SA by 1.0% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 42,936 shares of the bank’s stock valued at $327,000 after buying an additional 421 shares during the last quarter. Finally, Eqis Capital Management Inc. raised its position in shares of Banco Bilbao Vizcaya Argentaria SA by 2.8% in the second quarter. Eqis Capital Management Inc. now owns 18,811 shares of the bank’s stock valued at $157,000 after buying an additional 506 shares during the last quarter.

Banco Bilbao Vizcaya Argentaria SA Company Profile

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.

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

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