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

Shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) have earned a consensus rating of “Moderate Buy” from the five ratings firms that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company.

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

Institutional Investors Weigh In On Banco Bilbao Viscaya Argentaria

A number of large investors have recently bought and sold shares of BBVA. Savvy Advisors Inc. increased its holdings in Banco Bilbao Viscaya Argentaria by 2.9% in the 4th quarter. Savvy Advisors Inc. now owns 15,062 shares of the bank’s stock valued at $351,000 after buying an additional 418 shares during the period. Root Financial Partners LLC lifted its holdings in shares of 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 worth $27,000 after acquiring an additional 426 shares during the period. Seeds Investor LLC lifted its holdings in shares of Banco Bilbao Viscaya Argentaria by 3.0% during the 4th quarter. Seeds Investor LLC now owns 15,003 shares of the bank’s stock worth $350,000 after acquiring an additional 439 shares during the period. 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 worth $30,000 after acquiring an additional 440 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in shares of Banco Bilbao Viscaya Argentaria by 45.6% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,456 shares of the bank’s stock worth $34,000 after acquiring an additional 456 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Banco Bilbao Viscaya Argentaria Stock Performance

BBVA opened at $20.94 on Friday. The stock has a fifty day moving average of $23.14 and a 200-day moving average of $21.70. The company has a market capitalization of $120.69 billion, a P/E ratio of 10.63, a P/E/G ratio of 0.57 and a beta of 0.80. Banco Bilbao Viscaya Argentaria has a fifty-two week low of $11.59 and a fifty-two week high of $26.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last released its quarterly earnings results on Thursday, February 5th. The bank reported $0.50 EPS for the quarter, hitting analysts’ consensus estimates of $0.50. Banco Bilbao Viscaya Argentaria had a net margin of 28.43% and a return on equity of 17.29%. The business had revenue of $11.49 billion for the quarter, compared to analyst estimates of $10.74 billion. On average, equities research analysts predict 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 declared a dividend, which will be paid on Monday, April 27th. Investors of record on Thursday, April 9th will be paid a $0.7084 dividend. This represents a yield of 678.0%. The ex-dividend date of this dividend is Thursday, April 9th. Banco Bilbao Viscaya Argentaria’s payout ratio is 30.46%.

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.