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

Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) has been given a consensus rating of “Hold” by the six analysts that are presently covering the company, MarketBeat reports. Five research analysts have rated the stock with a hold rating and one has issued a buy rating on the company.

A number of equities research analysts have weighed in on the company. Zacks Research downgraded Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Weiss Ratings downgraded Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th. Wall Street Zen downgraded Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Barclays downgraded Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Finally, UBS Group reaffirmed a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, April 20th.

Banco Bilbao Viscaya Argentaria Trading Up 0.8%

NYSE BBVA opened at $22.56 on Wednesday. The stock’s 50 day moving average is $22.40 and its two-hundred day moving average is $22.73. The company has a market capitalization of $128.77 billion, a price-to-earnings ratio of 10.74, a PEG ratio of 0.59 and a beta of 0.81. Banco Bilbao Viscaya Argentaria has a 1-year low of $14.63 and a 1-year high of $26.20.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Basepoint Wealth LLC acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the 4th quarter worth approximately $26,000. Root Financial Partners LLC boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 59.6% in the 4th quarter. Root Financial Partners LLC now owns 1,141 shares of the bank’s stock worth $27,000 after acquiring an additional 426 shares in the last quarter. Whipplewood Advisors LLC acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the 1st quarter worth approximately $27,000. Harbour Investments Inc. boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 84.1% in the 4th quarter. Harbour Investments Inc. now owns 1,259 shares of the bank’s stock worth $29,000 after acquiring an additional 575 shares in the last quarter. Finally, TD Waterhouse Canada Inc. boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 50.9% in the 4th quarter. TD Waterhouse Canada Inc. now owns 1,304 shares of the bank’s stock worth $30,000 after acquiring an additional 440 shares in the last quarter. 2.96% of the stock is owned by institutional investors and hedge funds.

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.