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

Shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVAGet Free Report) have been given an average rating of “Hold” by the seven analysts that are currently covering the firm, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company.

Several research analysts have recently issued reports on BBVA shares. Wall Street Zen downgraded shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Bank of America lowered shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “neutral” rating in a report on Wednesday, July 15th. Barclays cut Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 15th. UBS Group reiterated a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, April 20th. Finally, Weiss Ratings lowered Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th.

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Hedge Funds Weigh In On Banco Bilbao Viscaya Argentaria

Hedge funds have recently bought and sold shares of the business. Archford Capital Strategies LLC bought a new stake in shares of Banco Bilbao Viscaya Argentaria in the fourth quarter worth $3,286,000. JCIC Asset Management Inc. bought a new position in Banco Bilbao Viscaya Argentaria in the fourth quarter valued at about $3,075,000. Tudor Investment Corp ET AL purchased a new position in Banco Bilbao Viscaya Argentaria in the third quarter worth about $1,632,000. SG Americas Securities LLC grew its stake in shares of Banco Bilbao Viscaya Argentaria by 319.3% during the 4th quarter. SG Americas Securities LLC now owns 290,064 shares of the bank’s stock valued at $6,761,000 after purchasing an additional 220,892 shares during the period. Finally, Global Retirement Partners LLC grew its stake in shares of Banco Bilbao Viscaya Argentaria by 120.9% during the 4th quarter. Global Retirement Partners LLC now owns 76,788 shares of the bank’s stock valued at $1,790,000 after purchasing an additional 42,026 shares during the period. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Price Performance

Shares of Banco Bilbao Viscaya Argentaria stock opened at $25.68 on Thursday. The stock has a market cap of $146.59 billion, a price-to-earnings ratio of 12.23, a PEG ratio of 0.75 and a beta of 0.80. The firm’s 50-day moving average is $24.42 and its 200 day moving average is $23.38. Banco Bilbao Viscaya Argentaria has a 1 year low of $15.36 and a 1 year high of $26.59.

Banco Bilbao Viscaya Argentaria (NYSE:BBVAGet Free Report) last announced its quarterly earnings data on Tuesday, March 31st. The bank reported $0.59 EPS for the quarter. The company had revenue of $12.33 billion for the quarter. Banco Bilbao Viscaya Argentaria had a net margin of 28.21% and a return on equity of 17.65%. On average, equities analysts expect that Banco Bilbao Viscaya Argentaria will post 2.35 EPS for the current fiscal year.

About Banco Bilbao Viscaya Argentaria

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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.

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Analyst Recommendations for Banco Bilbao Viscaya Argentaria (NYSE:BBVA)

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