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

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 company, MarketBeat reports. Seven analysts have rated the stock with a hold rating and one has issued a buy rating on the company.

A number of brokerages have recently weighed in on BBVA. Keefe, Bruyette & Woods downgraded Banco Bilbao Viscaya Argentaria from a “moderate buy” rating to a “hold” rating in a report on Wednesday, August 12th. Weiss Ratings restated a “buy (b)” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Friday, July 31st. 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. Finally, Bank of America lowered shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 15th.

Check Out Our Latest Report on BBVA

Institutional Investors Weigh In On Banco Bilbao Viscaya Argentaria

A number of hedge funds and other institutional investors have recently made changes to their positions in BBVA. Basepoint Wealth LLC bought a new stake in shares of Banco Bilbao Viscaya Argentaria in the 4th quarter valued at approximately $26,000. Root Financial Partners LLC raised its position in Banco Bilbao Viscaya Argentaria by 59.6% during the fourth quarter. Root Financial Partners LLC now owns 1,141 shares of the bank’s stock valued at $27,000 after acquiring an additional 426 shares in the last quarter. Whipplewood Advisors LLC acquired a new stake in Banco Bilbao Viscaya Argentaria in the first quarter valued at approximately $27,000. Harbour Investments Inc. lifted its stake in Banco Bilbao Viscaya Argentaria by 84.1% in the fourth quarter. Harbour Investments Inc. now owns 1,259 shares of the bank’s stock valued at $29,000 after acquiring an additional 575 shares during the last quarter. Finally, TD Waterhouse Canada Inc. grew its position in Banco Bilbao Viscaya Argentaria by 50.9% in the fourth 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. 2.96% of the stock is owned by hedge funds and other institutional investors.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of Banco Bilbao Viscaya Argentaria stock opened at $29.06 on Monday. Banco Bilbao Viscaya Argentaria has a 12 month low of $17.77 and a 12 month high of $29.13. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.77. The stock has a market cap of $162.18 billion, a PE ratio of 13.21, a price-to-earnings-growth ratio of 0.76 and a beta of 0.80. The business has a fifty day simple moving average of $26.32 and a 200-day simple moving average of $23.81.

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

Banco Bilbao Viscaya Argentaria Company Profile

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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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