Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Given Consensus Rating of “Hold” by Analysts

Shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) have been assigned a consensus recommendation of “Hold” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company.

BBVA has been the subject of several research reports. Zacks Research cut Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. UBS Group reiterated a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, April 20th. Barclays cut Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Wall Street Zen cut Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Weiss Ratings cut Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th.

Institutional Investors Weigh In On Banco Bilbao Viscaya Argentaria

A number of hedge funds have recently made changes to their positions in the stock. Gateway Wealth Partners LLC purchased a new stake in shares of Banco Bilbao Viscaya Argentaria during the 1st quarter worth $657,000. Waverly Advisors LLC lifted its stake in shares of Banco Bilbao Viscaya Argentaria by 30.2% during the 1st quarter. Waverly Advisors LLC now owns 22,076 shares of the bank’s stock worth $478,000 after purchasing an additional 5,116 shares during the last quarter. Compound Planning Inc. increased its position in Banco Bilbao Viscaya Argentaria by 1.7% during the 1st quarter. Compound Planning Inc. now owns 112,396 shares of the bank’s stock valued at $2,435,000 after buying an additional 1,889 shares in the last quarter. Sei Investments Co. increased its position in Banco Bilbao Viscaya Argentaria by 6.5% during the 1st quarter. Sei Investments Co. now owns 419,930 shares of the bank’s stock valued at $9,095,000 after buying an additional 25,540 shares in the last quarter. Finally, Walleye Capital LLC acquired a new position in Banco Bilbao Viscaya Argentaria during the 1st quarter valued at about $338,000. 2.96% of the stock is currently owned by hedge funds and other institutional investors.

Banco Bilbao Viscaya Argentaria Stock Down 0.3%

Shares of Banco Bilbao Viscaya Argentaria stock opened at $21.88 on Friday. The stock’s fifty day moving average is $21.86 and its two-hundred day moving average is $22.47. The company has a market capitalization of $124.91 billion, a PE ratio of 10.42, a price-to-earnings-growth ratio of 0.57 and a beta of 0.81. Banco Bilbao Viscaya Argentaria has a 52 week low of $14.63 and a 52 week high of $26.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its quarterly earnings data on Tuesday, March 31st. The bank reported $0.59 EPS for the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 17.65% and a net margin of 28.21%.The company had revenue of $12.33 billion for the quarter. As a group, research analysts anticipate that Banco Bilbao Viscaya Argentaria will post 2.26 earnings per share for the current year.

Banco Bilbao Viscaya Argentaria Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, April 27th. Shareholders of record on Thursday, April 9th were issued a $0.7084 dividend. This represents a dividend yield of 626.0%. The ex-dividend date was Thursday, April 9th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio is currently 54.29%.

Banco Bilbao Viscaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) is a Spanish multinational financial services group headquartered in Bilbao, Spain. The bank traces its roots to several historic regional banks and was formed through a series of mergers that consolidated its position as one of Spain’s largest banking groups. BBVA operates as a universal bank offering a broad range of financial services to retail, corporate and institutional clients.

BBVA’s core businesses include retail and commercial banking, corporate and investment banking, private banking and wealth management, asset management, and insurance.