Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Given Consensus Recommendation of “Buy” by Brokerages

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) has received an average recommendation of “Buy” from the three research firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and two have assigned a strong buy rating to the company.

Several equities research analysts recently weighed in on BBVA shares. Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research report on Thursday, February 27th. Wall Street Zen downgraded shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Friday, May 30th.

Institutional Trading of Banco Bilbao Vizcaya Argentaria

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Stratos Wealth Partners LTD. purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at $109,000. Financial Advocates Investment Management lifted its stake in Banco Bilbao Vizcaya Argentaria by 18.8% in the fourth quarter. Financial Advocates Investment Management now owns 15,406 shares of the bank’s stock worth $150,000 after purchasing an additional 2,434 shares during the last quarter. Strategic Financial Concepts LLC purchased a new position in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at approximately $161,000. Savant Capital LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 10.0% during the fourth quarter. Savant Capital LLC now owns 47,217 shares of the bank’s stock valued at $459,000 after buying an additional 4,302 shares during the last quarter. Finally, Certuity LLC raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 23.3% in the fourth quarter. Certuity LLC now owns 15,711 shares of the bank’s stock worth $153,000 after buying an additional 2,972 shares during the period. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Trading Down 1.7%

Shares of Banco Bilbao Vizcaya Argentaria stock opened at $15.06 on Monday. Banco Bilbao Vizcaya Argentaria has a twelve month low of $9.23 and a twelve month high of $15.66. The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16. The business has a 50-day moving average price of $14.36 and a 200-day moving average price of $12.61. The firm has a market cap of $87.90 billion, a price-to-earnings ratio of 8.32, a PEG ratio of 0.80 and a beta of 1.08.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings results on Tuesday, April 29th. The bank reported $0.47 earnings per share for the quarter, meeting the consensus estimate of $0.47. The business had revenue of $10.61 billion during the quarter, compared to analysts’ expectations of $9.12 billion. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. Equities research analysts anticipate that Banco Bilbao Vizcaya Argentaria will post 1.59 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently announced a semi-annual dividend, which was paid on Friday, April 25th. Stockholders of record on Wednesday, April 9th were given a dividend of $0.4439 per share. The ex-dividend date was Wednesday, April 9th. This represents a dividend yield of 4.3%. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.11. Banco Bilbao Vizcaya Argentaria’s payout ratio is currently 39.15%.

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.