Banco Bilbao Viscaya Argentaria’s (BBVA) Neutral Rating Reiterated at UBS Group

UBS Group reissued their neutral rating on shares of Banco Bilbao Viscaya Argentaria (NYSE:BBVA) in a report published on Monday, Marketbeat reports.

BBVA has been the subject of several other research reports. Zacks Research downgraded shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 10th. Royal Bank Of Canada downgraded shares of Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 28th. Barclays downgraded shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 15th. Weiss Ratings downgraded shares of Banco Bilbao Viscaya Argentaria from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Thursday, April 2nd. Finally, 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. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Banco Bilbao Viscaya Argentaria Stock Down 0.7%

Shares of BBVA opened at $22.32 on Monday. The company has a market capitalization of $128.63 billion, a P/E ratio of 11.33, a price-to-earnings-growth ratio of 0.60 and a beta of 0.86. The firm has a 50 day moving average of $22.20 and a 200 day moving average of $22.17. Banco Bilbao Viscaya Argentaria has a twelve month low of $13.47 and a twelve month high of $26.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Thursday, February 5th. The bank reported $0.50 earnings per share for the quarter, meeting the consensus estimate of $0.50. The company had revenue of $11.49 billion during the quarter, compared to the consensus estimate of $10.74 billion. Banco Bilbao Viscaya Argentaria had a net margin of 28.43% and a return on equity of 17.29%. On average, sell-side analysts expect that Banco Bilbao Viscaya Argentaria will post 2.24 EPS for the current year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, April 27th. Stockholders of record on Thursday, April 9th will be given 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 presently 58.38%.

Institutional Investors Weigh In On Banco Bilbao Viscaya Argentaria

A number of hedge funds have recently modified their holdings of the business. Venturi Wealth Management LLC grew its position in shares of Banco Bilbao Viscaya Argentaria by 10.9% during the 1st quarter. Venturi Wealth Management LLC now owns 53,919 shares of the bank’s stock valued at $1,168,000 after acquiring an additional 5,286 shares during the period. Aaron Wealth Advisors LLC grew its position in shares of Banco Bilbao Viscaya Argentaria by 32.6% during the 1st quarter. Aaron Wealth Advisors LLC now owns 81,240 shares of the bank’s stock valued at $1,760,000 after acquiring an additional 19,958 shares during the period. Kestra Private Wealth Services LLC grew its position in shares of Banco Bilbao Viscaya Argentaria by 213.6% during the 1st quarter. Kestra Private Wealth Services LLC now owns 29,039 shares of the bank’s stock valued at $629,000 after acquiring an additional 19,778 shares during the period. Blue Trust Inc. grew its position in shares of Banco Bilbao Viscaya Argentaria by 51.4% during the 1st quarter. Blue Trust Inc. now owns 36,918 shares of the bank’s stock valued at $800,000 after acquiring an additional 12,541 shares during the period. Finally, XML Financial LLC bought a new stake in shares of Banco Bilbao Viscaya Argentaria during the 1st quarter valued at $273,000. Institutional investors own 2.96% of the company’s stock.

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.