Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) was downgraded by equities researchers at ValuEngine from a “strong-buy” rating to a “buy” rating in a research note issued on Friday.

A number of other equities research analysts have also commented on BBVA. UBS AG raised Banco Bilbao Vizcaya Argentaria SA from a “sell” rating to a “neutral” rating in a research report on Thursday, May 4th. BidaskClub raised Banco Bilbao Vizcaya Argentaria SA from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 8th. Finally, Zacks Investment Research lowered Banco Bilbao Vizcaya Argentaria SA from a “buy” rating to a “hold” rating in a research report on Friday, August 25th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $10.00.

Shares of Banco Bilbao Vizcaya Argentaria SA (BBVA) traded up 0.34% during midday trading on Friday, reaching $8.87. 1,899,074 shares of the company’s stock traded hands. The stock’s 50 day moving average price is $8.92 and its 200 day moving average price is $8.11. The firm has a market capitalization of $59.08 billion and a P/E ratio of 13.40. Banco Bilbao Vizcaya Argentaria SA has a 52-week low of $5.78 and a 52-week high of $9.35.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) last released its quarterly earnings results on Friday, July 28th. The bank reported $0.18 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.18. The company 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 anticipate that Banco Bilbao Vizcaya Argentaria SA will post $0.61 EPS for the current fiscal year.

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A number of large investors have recently made changes to their positions in BBVA. Fisher Asset Management LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria SA by 348,907.9% in the second quarter. Fisher Asset Management LLC now owns 36,534,142 shares of the bank’s stock worth $305,425,000 after buying an additional 36,523,674 shares in the last quarter. Aristotle Capital Management LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria SA by 12.2% in the first quarter. Aristotle Capital Management LLC now owns 33,750,761 shares of the bank’s stock worth $256,911,000 after buying an additional 3,676,506 shares in the last quarter. Harding Loevner LP raised its stake in shares of Banco Bilbao Vizcaya Argentaria SA by 6.3% in the second quarter. Harding Loevner LP now owns 27,419,425 shares of the bank’s stock worth $229,227,000 after buying an additional 1,615,684 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Banco Bilbao Vizcaya Argentaria SA by 24.9% in the first quarter. Bank of America Corp DE now owns 10,489,427 shares of the bank’s stock worth $79,825,000 after buying an additional 2,092,037 shares in the last quarter. Finally, Morgan Stanley raised its stake in shares of Banco Bilbao Vizcaya Argentaria SA by 6.9% in the first quarter. Morgan Stanley now owns 5,345,129 shares of the bank’s stock worth $40,676,000 after buying an additional 343,494 shares in 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.

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

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