Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Given Consensus Recommendation of “Hold” by Analysts

Shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) have been given a consensus rating of “Hold” by the five brokerages that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

BBVA has been the subject of several recent analyst reports. Weiss Ratings cut Banco Bilbao Viscaya Argentaria from a “buy (a-)” rating to a “buy (b+)” rating in a report on Thursday, April 2nd. Zacks Research lowered shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Wall Street Zen raised shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Finally, Royal Bank Of Canada lowered shares of 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 Stock Up 1.4%

Shares of Banco Bilbao Viscaya Argentaria stock opened at $23.39 on Tuesday. Banco Bilbao Viscaya Argentaria has a fifty-two week low of $13.04 and a fifty-two week high of $26.20. The business’s fifty day moving average is $22.41 and its two-hundred day moving average is $22.00. The firm has a market cap of $134.82 billion, a PE ratio of 11.87, a P/E/G ratio of 0.63 and a beta of 0.86.

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

Banco Bilbao Viscaya Argentaria Announces Dividend

The business also recently disclosed a dividend, which will be paid on Monday, April 27th. Stockholders of record on Thursday, April 9th will be paid a dividend of $0.7084 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a dividend yield of 626.0%. Banco Bilbao Viscaya Argentaria’s payout ratio is currently 57.87%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in BBVA. Basepoint Wealth LLC acquired a new position in Banco Bilbao Viscaya Argentaria in the fourth quarter valued at $26,000. Root Financial Partners LLC raised its holdings in shares of 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 purchasing an additional 426 shares during the period. Harbour Investments Inc. lifted its stake 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 purchasing an additional 575 shares in the last quarter. TD Waterhouse Canada Inc. lifted its stake in shares of Banco Bilbao Viscaya Argentaria by 50.9% in the 4th quarter. TD Waterhouse Canada Inc. now owns 1,304 shares of the bank’s stock valued at $30,000 after purchasing an additional 440 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of Banco Bilbao Viscaya Argentaria during the 4th quarter worth about $31,000. 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.