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

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

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

Banco Bilbao Viscaya Argentaria Stock Down 0.8%

Shares of NYSE:BBVA opened at $24.34 on Friday. The company’s fifty day moving average is $22.83 and its two-hundred day moving average is $22.97. Banco Bilbao Viscaya Argentaria has a 12-month low of $14.63 and a 12-month high of $26.20. The company has a market cap of $138.93 billion, a P/E ratio of 11.59, a price-to-earnings-growth ratio of 0.61 and a beta of 0.81.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its 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 company had revenue of $12.33 billion for the quarter. Equities research analysts anticipate that Banco Bilbao Viscaya Argentaria will post 2.38 earnings per share for the current year.

Institutional Investors Weigh In On Banco Bilbao Viscaya Argentaria

Large investors have recently bought and sold shares of the business. Basepoint Wealth LLC bought a new stake in Banco Bilbao Viscaya Argentaria in the fourth quarter worth $26,000. Root Financial Partners LLC boosted its holdings in Banco Bilbao Viscaya Argentaria by 59.6% in the fourth quarter. Root Financial Partners LLC now owns 1,141 shares of the bank’s stock worth $27,000 after purchasing an additional 426 shares in the last quarter. Whipplewood Advisors LLC bought a new stake in Banco Bilbao Viscaya Argentaria in the first quarter worth $27,000. Harbour Investments Inc. boosted its holdings in Banco Bilbao Viscaya Argentaria by 84.1% in the fourth quarter. Harbour Investments Inc. now owns 1,259 shares of the bank’s stock worth $29,000 after purchasing an additional 575 shares in the last quarter. Finally, TD Waterhouse Canada Inc. boosted its holdings in Banco Bilbao Viscaya Argentaria by 50.9% in the fourth quarter. TD Waterhouse Canada Inc. now owns 1,304 shares of the bank’s stock worth $30,000 after purchasing an additional 440 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors.

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.