Zacks Investment Research cut shares of Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) from a buy rating to a hold rating in a report issued on Wednesday morning, Zacks.com reports.

According to Zacks, “Banco Bilbao Vizcaya is engaged in a wide variety of banking, financial and related activities in Spain. “

BBVA has been the topic of a number of other reports. HSBC cut Banco Bilbao Vizcaya Argentaria from a buy rating to a hold rating in a report on Tuesday, January 15th. ValuEngine cut Banco Bilbao Vizcaya Argentaria from a sell rating to a strong sell rating in a report on Friday, March 1st. Finally, Deutsche Bank raised Banco Bilbao Vizcaya Argentaria from a hold rating to a buy rating in a report on Monday, April 1st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of $6.75.

NYSE:BBVA traded up $0.11 on Wednesday, reaching $5.80. 71,811 shares of the company’s stock traded hands, compared to its average volume of 3,284,888. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.08 and a quick ratio of 1.08. Banco Bilbao Vizcaya Argentaria has a 12 month low of $4.99 and a 12 month high of $7.89.

The company also recently disclosed a semiannual dividend, which was paid on Monday, April 29th. Stockholders of record on Tuesday, April 9th were given a dividend of $0.1821 per share. The ex-dividend date was Monday, April 8th. This represents a dividend yield of 6.02%. Banco Bilbao Vizcaya Argentaria’s payout ratio is 32.95%.

Several institutional investors have recently modified their holdings of the company. Two Sigma Investments LP purchased a new position in Banco Bilbao Vizcaya Argentaria in the fourth quarter worth about $607,000. BTIM Corp. grew its position in Banco Bilbao Vizcaya Argentaria by 26.5% in the fourth quarter. BTIM Corp. now owns 48,175 shares of the bank’s stock worth $255,000 after acquiring an additional 10,100 shares in the last quarter. WealthTrust Arizona LLC grew its position in Banco Bilbao Vizcaya Argentaria by 28.1% in the fourth quarter. WealthTrust Arizona LLC now owns 9,220 shares of the bank’s stock worth $49,000 after acquiring an additional 2,024 shares in the last quarter. CAPROCK Group Inc. grew its position in Banco Bilbao Vizcaya Argentaria by 9.1% in the fourth quarter. CAPROCK Group Inc. now owns 33,305 shares of the bank’s stock worth $176,000 after acquiring an additional 2,786 shares in the last quarter. Finally, Toroso Investments LLC purchased a new position in Banco Bilbao Vizcaya Argentaria in the fourth quarter worth about $111,000.

Banco Bilbao Vizcaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. The company accepts various deposits, such as current and savings accounts, term deposits, subordinated deposits, and other accounts. It also offers loan products; and foreclosed real-estate assets from residential mortgages and developers, as well as lending to developers.

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

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