Zacks Investment Research upgraded shares of Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) from a sell rating to a hold rating in a research report sent to investors on Monday, 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 subject of a number of other research reports. Credit Suisse Group initiated coverage on shares of Eaton Vance in a report on Wednesday, June 12th. They issued a neutral rating and a $44.00 price objective for the company. Deutsche Bank began coverage on shares of Intuitive Surgical in a research report on Monday, April 1st. They issued a buy rating and a $630.00 target price on the stock. ValuEngine lowered shares of Zumiez from a hold rating to a sell rating in a research report on Tuesday, July 2nd. Finally, Societe Generale lowered shares of Banco Bilbao Vizcaya Argentaria from a hold rating to a sell rating in a research report on Wednesday, June 26th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of $6.75.

Shares of Banco Bilbao Vizcaya Argentaria stock traded down $0.01 during trading on Monday, hitting $5.54. 125,508 shares of the company’s stock were exchanged, compared to its average volume of 3,496,046. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.16. The firm’s 50-day simple moving average is $5.58. Banco Bilbao Vizcaya Argentaria has a 52-week low of $4.99 and a 52-week high of $7.36. The company has a market cap of $36.47 billion, a PE ratio of 6.27, a price-to-earnings-growth ratio of 3.32 and a beta of 0.99.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its earnings results on Monday, April 29th. The bank reported $0.18 earnings per share (EPS) for the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 23.14% and a return on equity of 9.80%. The firm had revenue of $6.89 billion during the quarter. Sell-side analysts forecast that Banco Bilbao Vizcaya Argentaria will post 0.73 EPS for the current year.

A number of large investors have recently modified their holdings of BBVA. Avestar Capital LLC increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 9.8% in the 1st quarter. Avestar Capital LLC now owns 22,515 shares of the bank’s stock valued at $110,000 after purchasing an additional 2,001 shares in the last quarter. Eagle Asset Management Inc. boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 8.1% in the first quarter. Eagle Asset Management Inc. now owns 27,372 shares of the bank’s stock worth $156,000 after acquiring an additional 2,048 shares during the last quarter. Advisor Group Inc. boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 4.2% in the fourth quarter. Advisor Group Inc. now owns 60,048 shares of the bank’s stock worth $317,000 after acquiring an additional 2,437 shares during the last quarter. Pin Oak Investment Advisors Inc. boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 101.6% in the fourth quarter. Pin Oak Investment Advisors Inc. now owns 5,063 shares of the bank’s stock worth $27,000 after acquiring an additional 2,551 shares during the last quarter. Finally, South Texas Money Management Ltd. boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 26.6% in the second quarter. South Texas Money Management Ltd. now owns 12,830 shares of the bank’s stock worth $71,000 after acquiring an additional 2,697 shares during the last quarter. Hedge funds and other institutional investors own 2.86% of the company’s stock.

About Banco Bilbao Vizcaya Argentaria

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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