Banco Bilbao Vizcaya Argentaria (NYSE:BBVA – Get Free Report) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a report issued on Friday.
Other analysts also recently issued research reports about the company. Hsbc Global Res raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. Kepler Capital Markets raised shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research note on Thursday, February 27th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.
View Our Latest Research Report on Banco Bilbao Vizcaya Argentaria
Banco Bilbao Vizcaya Argentaria Price Performance
Banco Bilbao Vizcaya Argentaria (NYSE:BBVA – Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The bank reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. Banco Bilbao Vizcaya Argentaria had a net margin of 28.10% and a return on equity of 17.49%. The business had revenue of $10.61 billion during the quarter, compared to the consensus estimate of $9.12 billion. On average, equities analysts anticipate that Banco Bilbao Vizcaya Argentaria will post 1.59 EPS for the current fiscal year.
Institutional Investors Weigh In On Banco Bilbao Vizcaya Argentaria
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Alpine Bank Wealth Management purchased a new stake in Banco Bilbao Vizcaya Argentaria in the 1st quarter worth about $29,000. Brooklyn Investment Group raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 120.7% in the fourth quarter. Brooklyn Investment Group now owns 3,540 shares of the bank’s stock worth $34,000 after buying an additional 1,936 shares during the period. Huntington National Bank lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 96.7% during the 4th quarter. Huntington National Bank now owns 3,616 shares of the bank’s stock worth $35,000 after acquiring an additional 1,778 shares during the last quarter. Private Trust Co. NA boosted its holdings in Banco Bilbao Vizcaya Argentaria by 224.7% during the 1st quarter. Private Trust Co. NA now owns 2,607 shares of the bank’s stock valued at $36,000 after acquiring an additional 1,804 shares during the period. Finally, Avion Wealth bought a new position in Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at $39,000. Hedge funds and other institutional investors own 2.96% of the company’s stock.
About Banco Bilbao Vizcaya Argentaria
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.
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