ValuEngine upgraded shares of BBVA Banco Frances (NYSE:BFR) from a strong sell rating to a sell rating in a research note released on Friday, ValuEngine reports.

A number of other research analysts also recently weighed in on the stock. Santander upgraded shares of BBVA Banco Frances from a hold rating to a buy rating in a research report on Friday, March 15th. HSBC upgraded shares of BBVA Banco Frances from a hold rating to a buy rating in a research report on Thursday, April 25th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of $13.00.

NYSE:BFR opened at $11.06 on Friday. BBVA Banco Frances has a one year low of $6.57 and a one year high of $16.00. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.12 and a current ratio of 1.12. The firm has a market capitalization of $2.25 billion, a price-to-earnings ratio of 5.38 and a beta of 0.09.

BBVA Banco Frances (NYSE:BFR) last posted its quarterly earnings results on Friday, May 10th. The bank reported $0.37 EPS for the quarter. The business had revenue of $256.23 million during the quarter. Sell-side analysts anticipate that BBVA Banco Frances will post 1.81 earnings per share for the current year.

The company also recently disclosed an annual dividend, which was paid on Tuesday, May 28th. Shareholders of record on Wednesday, May 15th were given a $0.2651 dividend. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a dividend yield of 3.04%. This is an increase from BBVA Banco Frances’s previous annual dividend of $0.21. BBVA Banco Frances’s dividend payout ratio is -136.84%.

Several institutional investors have recently modified their holdings of the business. Marshall Wace LLP raised its position in shares of BBVA Banco Frances by 394.8% in the first quarter. Marshall Wace LLP now owns 45,169 shares of the bank’s stock worth $430,000 after acquiring an additional 36,040 shares during the period. FMR LLC raised its position in shares of BBVA Banco Frances by 16.4% in the first quarter. FMR LLC now owns 214,546 shares of the bank’s stock worth $2,040,000 after acquiring an additional 30,293 shares during the period. BlueCrest Capital Management Ltd acquired a new position in shares of BBVA Banco Frances in the first quarter worth about $561,000. Morgan Stanley raised its position in shares of BBVA Banco Frances by 62.5% in the first quarter. Morgan Stanley now owns 155,132 shares of the bank’s stock worth $1,474,000 after acquiring an additional 59,692 shares during the period. Finally, ExodusPoint Capital Management LP acquired a new position in shares of BBVA Banco Frances in the first quarter worth about $601,000. Institutional investors and hedge funds own 14.38% of the company’s stock.

BBVA Banco Frances Company Profile

BBVA Banco Franc├ęs SA, together with its subsidiaries, provides financial services to small and medium enterprises, and individual customers in Spain, Mexico, South America, the United States, Turkey, and rest of Eurasia. The company offers current, checking, and savings accounts, as well as demand and time deposits.

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