Santander downgraded shares of Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) from a buy rating to a hold rating in a report released on Wednesday morning, The Fly reports.

Other equities analysts have also recently issued reports about the stock. Zacks Investment Research raised shares of Banco Bilbao Vizcaya Argentaria from a hold rating to a buy rating and set a $9.75 price objective for the company in a research note on Friday, January 5th. ValuEngine raised shares of Banco Bilbao Vizcaya Argentaria from a hold rating to a buy rating in a research note on Tuesday, November 14th. Finally, BidaskClub cut shares of Banco Bilbao Vizcaya Argentaria from a hold rating to a sell rating in a research note on Thursday, November 9th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. Banco Bilbao Vizcaya Argentaria presently has an average rating of Hold and a consensus target price of $10.00.

Shares of Banco Bilbao Vizcaya Argentaria (BBVA) traded up $0.01 during trading hours on Wednesday, hitting $9.10. 2,238,994 shares of the company’s stock were exchanged, compared to its average volume of 2,427,700. Banco Bilbao Vizcaya Argentaria has a 1-year low of $6.34 and a 1-year high of $9.35. The stock has a market cap of $60,540.00, a PE ratio of 12.30, a P/E/G ratio of 1.28 and a beta of 0.96. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.27.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its quarterly earnings data on Friday, October 27th. The bank reported $0.19 EPS for the quarter, hitting analysts’ consensus estimates of $0.19. Banco Bilbao Vizcaya Argentaria had a net margin of 16.46% and a return on equity of 7.49%. The business had revenue of $7.27 billion during the quarter. equities research analysts forecast that Banco Bilbao Vizcaya Argentaria will post 0.76 earnings per share for the current year.

Several hedge funds have recently added to or reduced their stakes in BBVA. Harding Loevner LP boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 718.0% during the 3rd quarter. Harding Loevner LP now owns 224,278,507 shares of the bank’s stock worth $58,375,000 after purchasing an additional 196,859,082 shares during the period. Parametric Portfolio Associates LLC boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 13.3% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 4,406,209 shares of the bank’s stock worth $39,303,000 after purchasing an additional 518,676 shares during the period. Oppenheimer Asset Management Inc. boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 10.7% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 664,596 shares of the bank’s stock worth $5,928,000 after purchasing an additional 64,403 shares during the period. Cubist Systematic Strategies LLC boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 226.3% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 72,318 shares of the bank’s stock worth $645,000 after purchasing an additional 50,158 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 2.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,657,342 shares of the bank’s stock worth $14,786,000 after purchasing an additional 35,330 shares during the period. 3.17% of the stock is owned by hedge funds and other institutional investors.

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Banco Bilbao Vizcaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA (BBVA) is a diversified financial company engaged in retail banking, wholesale banking, asset management and private banking. Its segments include Banking Activity in Spain, Real Estate Activity in Spain, the United States Turkey, Mexico, South America and Rest of Eurasia.

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Analyst Recommendations for Banco Bilbao Vizcaya Argentaria (NYSE:BBVA)

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