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

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

Other equities research analysts also recently issued research reports about the company. BidaskClub downgraded Banco Bilbao Vizcaya Argentaria SA from a “buy” rating to a “hold” rating in a research report on Monday, August 14th. ValuEngine raised Banco Bilbao Vizcaya Argentaria SA from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 24th. Four equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $9.75.

Banco Bilbao Vizcaya Argentaria SA (BBVA) opened at $8.32 on Monday. Banco Bilbao Vizcaya Argentaria SA has a 1 year low of $6.04 and a 1 year high of $9.35.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) last released its quarterly earnings results on Friday, October 27th. The bank reported $0.19 earnings per share for the quarter, hitting the consensus estimate of $0.19. The company had revenue of $7.27 billion during the quarter. Banco Bilbao Vizcaya Argentaria SA had a return on equity of 9.26% and a net margin of 17.53%.

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Several large investors have recently made changes to their positions in BBVA. Fisher Asset Management LLC grew its position 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 valued at $305,425,000 after purchasing an additional 36,523,674 shares during the period. Harding Loevner LP boosted its holdings in 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 valued at $229,227,000 after acquiring an additional 1,615,684 shares during the last quarter. Crossmark Global Holdings Inc. acquired a new position in Banco Bilbao Vizcaya Argentaria SA in the third quarter valued at $5,793,000. First Trust Advisors LP boosted its holdings in Banco Bilbao Vizcaya Argentaria SA by 491.9% in the third quarter. First Trust Advisors LP now owns 664,752 shares of the bank’s stock valued at $5,930,000 after acquiring an additional 552,450 shares during the last quarter. Finally, Parametric Portfolio Associates LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria SA by 15.9% in the second quarter. Parametric Portfolio Associates LLC now owns 3,920,964 shares of the bank’s stock valued at $32,779,000 after acquiring an additional 537,415 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.

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

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