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

Shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVAGet Free Report) have been assigned a consensus rating of “Hold” from the eight brokerages that are currently covering the stock, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company.

Several research firms have commented on BBVA. Wall Street Zen raised shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Keefe, Bruyette & Woods lowered shares of Banco Bilbao Viscaya Argentaria from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, August 12th. Bank of America downgraded shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 15th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Friday, July 31st.

Check Out Our Latest Stock Analysis on BBVA

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in BBVA. Barclays PLC grew its holdings in Banco Bilbao Viscaya Argentaria by 1,819.7% during the fourth quarter. Barclays PLC now owns 3,616,734 shares of the bank’s stock worth $84,306,000 after acquiring an additional 3,428,336 shares during the period. Bank of America Corp DE increased its stake in shares of Banco Bilbao Viscaya Argentaria by 28.0% in the 2nd quarter. Bank of America Corp DE now owns 9,288,196 shares of the bank’s stock valued at $142,760,000 after purchasing an additional 2,034,318 shares in the last quarter. Millennium Management LLC boosted its position in Banco Bilbao Viscaya Argentaria by 373.4% during the third quarter. Millennium Management LLC now owns 768,243 shares of the bank’s stock worth $14,789,000 after purchasing an additional 605,947 shares in the last quarter. Tudor Investment Corp ET AL grew its holdings in Banco Bilbao Viscaya Argentaria by 532.8% in the fourth quarter. Tudor Investment Corp ET AL now owns 536,417 shares of the bank’s stock valued at $12,504,000 after purchasing an additional 451,650 shares during the period. Finally, Royal Bank of Canada increased its position in shares of Banco Bilbao Viscaya Argentaria by 42.1% in the fourth quarter. Royal Bank of Canada now owns 1,481,671 shares of the bank’s stock valued at $34,539,000 after buying an additional 439,098 shares in the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Price Performance

Shares of BBVA stock opened at $28.79 on Friday. The company has a market capitalization of $160.68 billion, a P/E ratio of 13.09, a P/E/G ratio of 0.77 and a beta of 0.80. The company’s 50-day simple moving average is $27.58 and its two-hundred day simple moving average is $24.32. Banco Bilbao Viscaya Argentaria has a one year low of $17.90 and a one year high of $29.64. The company has a debt-to-equity ratio of 1.77, a current ratio of 1.06 and a quick ratio of 1.06.

Banco Bilbao Viscaya Argentaria (NYSE:BBVAGet Free Report) last announced its quarterly earnings results on Tuesday, June 30th. The bank reported $0.62 earnings per share (EPS) for the quarter. The firm had revenue of $11.99 billion during the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 18.05% and a net margin of 27.75%. As a group, equities analysts anticipate that Banco Bilbao Viscaya Argentaria will post 2.42 EPS for the current year.

About Banco Bilbao Viscaya Argentaria

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Banco Bilbao Vizcaya Argentaria, SA (NYSE: BBVA) is a global financial services group headquartered in Bilbao, Spain. The bank provides retail and commercial banking, corporate and investment banking, asset management, private banking, payments and insurance-related services to individuals, businesses, institutions and public-sector customers.

BBVA traces its origins to Banco de Bilbao, founded in 1857. The modern group was formed through the merger of Banco Bilbao Vizcaya and Argentaria in 1999.

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

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