StockNews.com Downgrades Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) to Hold

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Monday.

A number of other research analysts have also weighed in on the stock. Citigroup raised shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research note on Friday, August 9th. Royal Bank of Canada raised shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research report on Wednesday, July 31st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of Banco Bilbao Vizcaya Argentaria stock opened at $10.47 on Monday. Banco Bilbao Vizcaya Argentaria has a 1 year low of $8.18 and a 1 year high of $12.20. The company has a market capitalization of $61.09 billion, a P/E ratio of 6.01, a price-to-earnings-growth ratio of 1.00 and a beta of 1.31. The business has a 50-day moving average of $10.28 and a two-hundred day moving average of $10.41.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Rothschild Investment LLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria during the 2nd quarter worth approximately $40,000. Ashton Thomas Private Wealth LLC bought a new stake in Banco Bilbao Vizcaya Argentaria during the second quarter worth $43,000. Benjamin F. Edwards & Company Inc. lifted its stake in Banco Bilbao Vizcaya Argentaria by 67.8% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank’s stock valued at $49,000 after acquiring an additional 1,990 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its position in shares of Banco Bilbao Vizcaya Argentaria by 567.5% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 4,646 shares of the bank’s stock valued at $55,000 after acquiring an additional 3,950 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 48.2% during the 1st quarter. Russell Investments Group Ltd. now owns 5,788 shares of the bank’s stock worth $69,000 after purchasing an additional 1,882 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.