Banco Bilbao Viscaya Argentaria (NYSE:BBVA) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Banco Bilbao Viscaya Argentaria (NYSE:BBVA) from a hold rating to a buy rating in a research report report published on Saturday.

A number of other analysts also recently issued reports on BBVA. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, December 29th. Royal Bank Of Canada cut shares of Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 28th. Finally, Zacks Research raised shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Banco Bilbao Viscaya Argentaria presently has an average rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of NYSE BBVA opened at $23.69 on Friday. The company has a market cap of $136.54 billion, a P/E ratio of 12.03, a P/E/G ratio of 0.59 and a beta of 0.80. Banco Bilbao Viscaya Argentaria has a 52-week low of $11.59 and a 52-week high of $26.20. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.98 and a current ratio of 1.13. The firm’s fifty day moving average is $23.97 and its two-hundred day moving average is $21.25.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its quarterly earnings data on Thursday, February 5th. The bank reported $0.50 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.50. The firm had revenue of $11.49 billion during the quarter, compared to analyst estimates of $10.74 billion. Banco Bilbao Viscaya Argentaria had a return on equity of 17.29% and a net margin of 28.43%. As a group, analysts anticipate that Banco Bilbao Viscaya Argentaria will post 1.59 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Savvy Advisors Inc. raised its stake in shares of Banco Bilbao Viscaya Argentaria by 2.9% in the fourth quarter. Savvy Advisors Inc. now owns 15,062 shares of the bank’s stock valued at $351,000 after acquiring an additional 418 shares during the period. Root Financial Partners LLC grew its holdings in Banco Bilbao Viscaya Argentaria by 59.6% during the 4th quarter. Root Financial Partners LLC now owns 1,141 shares of the bank’s stock valued at $27,000 after purchasing an additional 426 shares during the last quarter. Seeds Investor LLC raised its position in Banco Bilbao Viscaya Argentaria by 3.0% in the 4th quarter. Seeds Investor LLC now owns 15,003 shares of the bank’s stock worth $350,000 after purchasing an additional 439 shares during the period. TD Waterhouse Canada Inc. lifted its stake 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 during the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in shares of Banco Bilbao Viscaya Argentaria by 45.6% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,456 shares of the bank’s stock valued at $34,000 after buying an additional 456 shares during the period. 2.96% of the stock is owned by hedge funds and other 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.