BBVA Banco Frances S.A. (NYSE:BFR) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 428,616 shares, a decrease of 37.4% from the July 13th total of 684,448 shares. Based on an average daily trading volume, of 253,728 shares, the short-interest ratio is presently 1.7 days.

BFR has been the topic of several research analyst reports. TheStreet lowered BBVA Banco Frances from a “b-” rating to a “c-” rating in a research note on Thursday, July 26th. Santander upgraded BBVA Banco Frances from a “hold” rating to a “buy” rating in a research note on Friday, May 11th. ValuEngine lowered BBVA Banco Frances from a “sell” rating to a “strong sell” rating in a research note on Monday, June 18th. Finally, Zacks Investment Research upgraded BBVA Banco Frances from a “strong sell” rating to a “hold” rating in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. BBVA Banco Frances currently has a consensus rating of “Hold” and an average price target of $30.00.

NYSE:BFR opened at $9.89 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of 8.61 and a beta of 0.64. BBVA Banco Frances has a 12-month low of $9.60 and a 12-month high of $27.45.

BBVA Banco Frances (NYSE:BFR) last released its quarterly earnings data on Friday, June 1st. The bank reported $0.39 earnings per share (EPS) for the quarter. equities research analysts predict that BBVA Banco Frances will post 1.44 EPS for the current fiscal year.

Large investors have recently added to or reduced their stakes in the business. Bank of Montreal Can acquired a new position in shares of BBVA Banco Frances in the second quarter valued at approximately $44,386,000. Schroder Investment Management Group grew its position in shares of BBVA Banco Frances by 8.4% in the first quarter. Schroder Investment Management Group now owns 7,489,027 shares of the bank’s stock valued at $170,825,000 after purchasing an additional 577,543 shares during the last quarter. Standard Life Aberdeen plc grew its position in shares of BBVA Banco Frances by 11.4% in the second quarter. Standard Life Aberdeen plc now owns 4,509,781 shares of the bank’s stock valued at $55,741,000 after purchasing an additional 462,456 shares during the last quarter. Bienville Capital Management LLC acquired a new position in shares of BBVA Banco Frances in the second quarter valued at approximately $4,595,000. Finally, Millennium Management LLC acquired a new position in shares of BBVA Banco Frances in the first quarter valued at approximately $4,897,000. Hedge funds and other institutional investors own 15.82% of the company’s stock.

About BBVA Banco Frances

BBVA Banco Franc├ęs SA, together with its subsidiaries, provides financial services to small and medium enterprises, and individual customers in Spain, Mexico, South America, the United States, Turkey, and rest of Eurasia. The company offers current, checking, and savings accounts, as well as demand and time deposits.

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