Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Shares Gap Down – Should You Sell?

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) gapped down before the market opened on Thursday . The stock had previously closed at $9.72, but opened at $9.45. Banco Bilbao Vizcaya Argentaria shares last traded at $9.46, with a volume of 250,771 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Trading Down 2.1 %

The business’s 50-day simple moving average is $9.78 and its 200-day simple moving average is $10.12. The company has a market capitalization of $55.58 billion, a PE ratio of 5.47, a price-to-earnings-growth ratio of 0.98 and a beta of 1.28.

Institutional Investors Weigh In On Banco Bilbao Vizcaya Argentaria

A number of institutional investors have recently added to or reduced their stakes in BBVA. Barclays PLC acquired a new position in Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth about $41,000. Rothschild Investment LLC acquired a new stake in Banco Bilbao Vizcaya Argentaria in the 2nd quarter valued at about $40,000. Ashton Thomas Private Wealth LLC acquired a new stake in Banco Bilbao Vizcaya Argentaria during the 2nd quarter valued at $43,000. Benjamin F. Edwards & Company Inc. raised its position in shares of 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 buying an additional 1,990 shares during the last quarter. Finally, Reston Wealth Management LLC acquired a new stake in Banco Bilbao Vizcaya Argentaria in the 3rd quarter worth about $72,000. Institutional investors and hedge funds 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.