Banco Bilbao Vizcaya Argentaria (BBVA) Trading Up 5.1%

Shares of Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) were up 5.1% on Thursday . The company traded as high as $5.76 and last traded at $5.75. Approximately 3,444,961 shares traded hands during trading, a decline of 3% from the average daily volume of 3,537,081 shares. The stock had previously closed at $5.47.

A number of equities analysts have recently issued reports on BBVA shares. Zacks Investment Research raised Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “hold” rating and set a $8.00 target price for the company in a research note on Tuesday, July 24th. ValuEngine raised Banco Bilbao Vizcaya Argentaria from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 2nd. UBS Group downgraded Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research note on Tuesday, August 14th. JPMorgan Chase & Co. downgraded Banco Bilbao Vizcaya Argentaria from an “overweight” rating to a “neutral” rating in a research note on Tuesday, September 4th. Finally, Citigroup raised Banco Bilbao Vizcaya Argentaria from a “neutral” rating to a “buy” rating in a research note on Thursday, October 25th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $7.02.

The company has a market cap of $36.90 billion, a price-to-earnings ratio of 8.10, a P/E/G ratio of 0.88 and a beta of 0.88. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.25 and a quick ratio of 0.25.

Institutional investors have recently added to or reduced their stakes in the business. Reliance Trust Co. of Delaware purchased a new position in Banco Bilbao Vizcaya Argentaria during the third quarter worth $134,000. HRT Financial LLC purchased a new position in Banco Bilbao Vizcaya Argentaria during the second quarter worth $154,000. Brandes Investment Partners LP increased its position in Banco Bilbao Vizcaya Argentaria by 56.5% during the second quarter. Brandes Investment Partners LP now owns 23,926 shares of the bank’s stock worth $167,000 after buying an additional 8,642 shares in the last quarter. Tower Research Capital LLC TRC increased its position in Banco Bilbao Vizcaya Argentaria by 60.4% during the second quarter. Tower Research Capital LLC TRC now owns 26,997 shares of the bank’s stock worth $189,000 after buying an additional 10,166 shares in the last quarter. Finally, Mission Wealth Management LP increased its position in Banco Bilbao Vizcaya Argentaria by 94.5% during the third quarter. Mission Wealth Management LP now owns 27,177 shares of the bank’s stock worth $171,000 after buying an additional 13,204 shares in the last quarter. 3.13% of the stock is owned by institutional investors.

Banco Bilbao Vizcaya Argentaria Company Profile (NYSE:BBVA)

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, fixed-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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