Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Receives Consensus Recommendation of “Hold” from Brokerages

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

Several research analysts have weighed in on the stock. Wall Street Zen lowered shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. UBS Group reissued a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, April 20th. Weiss Ratings cut Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th. Bank of America cut Banco Bilbao Viscaya Argentaria from a “buy” rating to a “neutral” rating in a report on Wednesday, July 15th. Finally, Barclays lowered Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th.

Banco Bilbao Viscaya Argentaria Stock Up 2.1%

Shares of Banco Bilbao Viscaya Argentaria stock opened at $26.19 on Thursday. Banco Bilbao Viscaya Argentaria has a 52-week low of $14.90 and a 52-week high of $26.40. The company has a market capitalization of $149.53 billion, a P/E ratio of 12.47, a P/E/G ratio of 0.72 and a beta of 0.80. The company has a 50 day moving average of $24.02 and a 200 day moving average of $23.30.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Tuesday, March 31st. The bank reported $0.59 earnings per share (EPS) for the quarter. Banco Bilbao Viscaya Argentaria had a net margin of 28.21% and a return on equity of 17.65%. The business had revenue of $12.33 billion during the quarter. As a group, research analysts anticipate that Banco Bilbao Viscaya Argentaria will post 2.35 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Basepoint Wealth LLC bought a new stake in Banco Bilbao Viscaya Argentaria during the fourth quarter valued at $26,000. Root Financial Partners LLC increased its stake in 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 during the last quarter. Whipplewood Advisors LLC purchased a new stake in shares of Banco Bilbao Viscaya Argentaria in the 1st quarter valued at about $27,000. Harbour Investments Inc. raised 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 valued at $29,000 after acquiring an additional 575 shares in the last quarter. Finally, TD Waterhouse Canada Inc. boosted its position in shares of Banco Bilbao Viscaya Argentaria by 50.9% during the 4th quarter. TD Waterhouse Canada Inc. now owns 1,304 shares of the bank’s stock valued at $30,000 after acquiring an additional 440 shares during the last quarter. Institutional investors own 2.96% of the company’s stock.

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.