Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Lowered to “Hold” Rating by StockNews.com

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Monday.

Several other analysts also recently commented on BBVA. Citigroup raised shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a report on Friday, August 9th. Royal Bank of Canada upgraded shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research report on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Banco Bilbao Vizcaya Argentaria has a consensus rating of “Hold”.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of Banco Bilbao Vizcaya Argentaria stock opened at $10.47 on Monday. The business has a fifty day simple moving average of $10.28 and a two-hundred day simple moving average of $10.41. Banco Bilbao Vizcaya Argentaria has a 1 year low of $8.18 and a 1 year high of $12.20. The company has a market capitalization of $61.09 billion, a price-to-earnings ratio of 6.01, a P/E/G ratio of 1.00 and a beta of 1.31.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 5.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 11,103,927 shares of the bank’s stock worth $111,371,000 after purchasing an additional 619,836 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Banco Bilbao Vizcaya Argentaria by 9.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,412,058 shares of the bank’s stock valued at $44,253,000 after buying an additional 396,829 shares in the last quarter. Clearbridge Investments LLC lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 172.8% during the 2nd quarter. Clearbridge Investments LLC now owns 3,096,738 shares of the bank’s stock worth $31,060,000 after acquiring an additional 1,961,553 shares during the period. American Century Companies Inc. boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 24.2% during the 2nd quarter. American Century Companies Inc. now owns 1,890,079 shares of the bank’s stock worth $18,957,000 after acquiring an additional 368,660 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 1.5% in the first quarter. O Shaughnessy Asset Management LLC now owns 1,363,752 shares of the bank’s stock valued at $16,147,000 after acquiring an additional 20,719 shares during the last quarter. 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.