Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Given Consensus Rating of “Moderate Buy” by Brokerages

Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) has earned an average recommendation of “Moderate Buy” from the five ratings firms that are presently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company.

Several equities research analysts have recently weighed in on the stock. Weiss Ratings raised shares of Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Thursday, March 12th. Wall Street Zen raised shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Zacks Research lowered Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Finally, Royal Bank Of Canada cut Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 28th.

Banco Bilbao Viscaya Argentaria Price Performance

BBVA stock opened at $20.95 on Friday. Banco Bilbao Viscaya Argentaria has a 1-year low of $11.59 and a 1-year high of $26.20. The business has a 50-day moving average price of $23.45 and a 200 day moving average price of $21.60. The company has a market capitalization of $120.71 billion, a P/E ratio of 10.63, a PEG ratio of 0.55 and a beta of 0.80.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its earnings results on Thursday, February 5th. The bank reported $0.50 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.50. The company had revenue of $11.49 billion for the quarter, compared to analysts’ expectations of $10.74 billion. Banco Bilbao Viscaya Argentaria had a net margin of 28.43% and a return on equity of 17.29%. On average, analysts anticipate that Banco Bilbao Viscaya Argentaria will post 1.59 earnings per share for the current fiscal year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The business also recently disclosed a dividend, which will be paid on Monday, April 27th. Investors of record on Thursday, April 9th will be given a dividend of $0.7084 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a yield of 678.0%. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is presently 30.46%.

Hedge Funds Weigh In On Banco Bilbao Viscaya Argentaria

A number of large investors have recently added to or reduced their stakes in the company. Dynasty Wealth Management LLC purchased a new stake in Banco Bilbao Viscaya Argentaria during the third quarter valued at approximately $876,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Banco Bilbao Viscaya Argentaria in the third quarter valued at approximately $2,478,000. JPMorgan Chase & Co. grew its holdings in Banco Bilbao Viscaya Argentaria by 6.5% in the third quarter. JPMorgan Chase & Co. now owns 4,846,150 shares of the bank’s stock worth $93,288,000 after purchasing an additional 297,752 shares during the last quarter. Osaic Holdings Inc. increased its position in shares of Banco Bilbao Viscaya Argentaria by 612.4% during the second quarter. Osaic Holdings Inc. now owns 515,444 shares of the bank’s stock worth $7,922,000 after purchasing an additional 443,092 shares in the last quarter. Finally, Caprock Group LLC acquired a new position in shares of Banco Bilbao Viscaya Argentaria during the third quarter worth $3,114,000. 2.96% of the stock is currently owned by institutional investors.

About Banco Bilbao Viscaya Argentaria

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.