Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Rating Increased to Hold at Kepler Capital Markets

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

BBVA has been the subject of a number of other research reports. Hsbc Global Res raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. StockNews.com raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, two have given a hold rating, one has given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

Banco Bilbao Vizcaya Argentaria stock opened at $13.43 on Thursday. 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 stock has a fifty day moving average of $11.11 and a two-hundred day moving average of $10.45. The company has a market capitalization of $78.37 billion, a price-to-earnings ratio of 7.42, a PEG ratio of 0.80 and a beta of 1.27. Banco Bilbao Vizcaya Argentaria has a fifty-two week low of $9.23 and a fifty-two week high of $13.59.

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, topping 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, analysts anticipate that Banco Bilbao Vizcaya Argentaria will post 1.59 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BBVA. Allspring Global Investments Holdings LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria by 52.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 38,438 shares of the bank’s stock valued at $417,000 after acquiring an additional 13,214 shares during the last quarter. International Assets Investment Management LLC acquired a new position in Banco Bilbao Vizcaya Argentaria in the third quarter valued at $1,940,000. Diversify Wealth Management LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria by 10.3% in the third quarter. Diversify Wealth Management LLC now owns 90,869 shares of the bank’s stock valued at $985,000 after acquiring an additional 8,512 shares during the last quarter. Financial Advocates Investment Management acquired a new position in Banco Bilbao Vizcaya Argentaria in the third quarter valued at $141,000. Finally, US Bancorp DE boosted its holdings in Banco Bilbao Vizcaya Argentaria by 1.7% in the third quarter. US Bancorp DE now owns 945,836 shares of the bank’s stock valued at $10,253,000 after acquiring an additional 15,636 shares during the last quarter. 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.