Zacks Investment Research cut shares of Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) from a buy rating to a hold rating in a report published on Thursday morning.

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

Other equities analysts also recently issued reports about the stock. BidaskClub raised shares of Banco Bilbao Vizcaya Argentaria SA from a hold rating to a buy rating in a report on Friday, June 30th. ValuEngine downgraded shares of Banco Bilbao Vizcaya Argentaria SA from a strong-buy rating to a buy rating in a report on Friday, September 1st. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. Banco Bilbao Vizcaya Argentaria SA presently has a consensus rating of Hold and an average price target of $9.75.

Shares of Banco Bilbao Vizcaya Argentaria SA (BBVA) opened at 8.79 on Thursday. Banco Bilbao Vizcaya Argentaria SA has a 52-week low of $5.78 and a 52-week high of $9.35. The firm’s 50-day moving average is $8.91 and its 200 day moving average is $8.25. The company has a market capitalization of $58.54 billion and a price-to-earnings ratio of 13.00.

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

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Institutional investors and hedge funds have recently bought and sold shares of the business. Ronald Blue & Co. LLC purchased a new position in Banco Bilbao Vizcaya Argentaria SA during the 1st quarter worth $100,000. Johnson Financial Group LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria SA by 10.8% during the 1st quarter. Johnson Financial Group LLC now owns 14,225 shares of the bank’s stock worth $108,000 after acquiring an additional 1,382 shares during the last quarter. CAPROCK Group Inc. purchased a new position in Banco Bilbao Vizcaya Argentaria SA during the 2nd quarter worth $109,000. Proficio Capital Partners LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria SA by 59.4% during the 1st quarter. Proficio Capital Partners LLC now owns 13,103 shares of the bank’s stock worth $110,000 after acquiring an additional 4,884 shares during the last quarter. Finally, Stratos Wealth Partners LTD. purchased a new position in Banco Bilbao Vizcaya Argentaria SA during the 1st quarter worth $125,000.

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.

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