StockNews.com cut shares of Banco Bilbao Vizcaya Argentaria (NYSE:BBVA – Free Report) from a buy rating to a hold rating in a research report sent to investors on Thursday.
Several other equities research analysts also recently issued reports on BBVA. Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Friday, January 31st. Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria currently has a consensus rating of “Moderate Buy”.
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Banco Bilbao Vizcaya Argentaria Stock Down 1.0 %
Banco Bilbao Vizcaya Argentaria (NYSE:BBVA – Get Free Report) last issued its earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates 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%. As a group, equities research analysts forecast that Banco Bilbao Vizcaya Argentaria will post 1.59 earnings per share for the current fiscal year.
Institutional Trading of Banco Bilbao Vizcaya Argentaria
A number of institutional investors and hedge funds have recently made changes to their positions in BBVA. Dimensional Fund Advisors LP boosted its holdings in Banco Bilbao Vizcaya Argentaria by 1.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 11,481,085 shares of the bank’s stock valued at $111,596,000 after purchasing an additional 163,044 shares during the period. Northern Trust Corp boosted its stake in Banco Bilbao Vizcaya Argentaria by 48.6% in the fourth quarter. Northern Trust Corp now owns 7,418,877 shares of the bank’s stock worth $72,111,000 after purchasing an additional 2,424,880 shares in the last quarter. FMR LLC increased its position in Banco Bilbao Vizcaya Argentaria by 5.7% in the 3rd quarter. FMR LLC now owns 6,370,344 shares of the bank’s stock valued at $69,055,000 after acquiring an additional 344,355 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 13.7% in the 4th quarter. Bank of America Corp DE now owns 5,108,410 shares of the bank’s stock valued at $49,654,000 after buying an additional 613,563 shares during the period. Finally, Symmetry Investments LP acquired a new position in Banco Bilbao Vizcaya Argentaria during the 4th quarter valued at about $27,647,000. Institutional investors and hedge funds own 2.96% of the company’s stock.
About Banco Bilbao Vizcaya Argentaria
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.
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