Kepler Capital Markets Upgrades Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) to “Hold”

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) was upgraded by equities researchers at Kepler Capital Markets from a “reduce” rating to a “hold” rating in a research report issued to clients and investors on Thursday, Marketbeat reports.

A number of other equities analysts have also recently commented on the stock. StockNews.com raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria currently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Trading Down 0.6 %

Shares of BBVA stock opened at $13.21 on Thursday. Banco Bilbao Vizcaya Argentaria has a 52-week low of $9.23 and a 52-week high of $13.59. The business’s fifty day moving average is $11.26 and its 200 day moving average is $10.50. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01. The company has a market capitalization of $77.09 billion, a PE ratio of 7.30, a price-to-earnings-growth ratio of 0.80 and a beta of 1.27.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. On average, equities research analysts anticipate that Banco Bilbao Vizcaya Argentaria will post 1.59 EPS for the current fiscal year.

Institutional Trading of Banco Bilbao Vizcaya Argentaria

Hedge funds have recently bought and sold shares of the company. Symmetry Investments LP bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter worth approximately $27,647,000. Northern Trust Corp raised its position in Banco Bilbao Vizcaya Argentaria by 48.6% in the 4th quarter. Northern Trust Corp now owns 7,418,877 shares of the bank’s stock worth $72,111,000 after purchasing an additional 2,424,880 shares during the period. Millennium Management LLC lifted its stake in Banco Bilbao Vizcaya Argentaria by 514.5% in the fourth quarter. Millennium Management LLC now owns 951,350 shares of the bank’s stock worth $9,247,000 after purchasing an additional 796,526 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at about $7,333,000. Finally, Bank of America Corp DE grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 13.7% during the fourth quarter. Bank of America Corp DE now owns 5,108,410 shares of the bank’s stock valued at $49,654,000 after buying an additional 613,563 shares during the last quarter. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA provides retail banking, wholesale banking, and asset management services in the United States, Spain, Mexico, Turkey, South America, and internationally. The company offers savings account, demand deposits, and time deposits; and loan products, such as residential mortgages, other households, credit card loans, loans to enterprises and public sector, as well as consumer finance.