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

Shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) have earned a consensus recommendation of “Hold” from the six research firms that are presently covering the stock, MarketBeat reports. Five analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company.

Several brokerages recently weighed in on BBVA. Zacks Research downgraded Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 10th. Wall Street Zen cut Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings lowered Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th. UBS Group restated a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, April 20th. Finally, Barclays lowered shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 15th.

Institutional Trading of Banco Bilbao Viscaya Argentaria

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Basepoint Wealth LLC acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the fourth quarter valued at about $26,000. Root Financial Partners LLC increased its holdings in shares of Banco Bilbao Viscaya Argentaria by 59.6% during the 4th quarter. Root Financial Partners LLC now owns 1,141 shares of the bank’s stock valued at $27,000 after purchasing an additional 426 shares in the last quarter. Whipplewood Advisors LLC purchased a new position in Banco Bilbao Viscaya Argentaria in the first quarter valued at $27,000. Harbour Investments Inc. increased 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. Finally, TD Waterhouse Canada Inc. raised its stake in shares of Banco Bilbao Viscaya Argentaria by 50.9% during the 4th quarter. TD Waterhouse Canada Inc. now owns 1,304 shares of the bank’s stock worth $30,000 after buying an additional 440 shares during the period. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Stock Down 0.1%

NYSE:BBVA opened at $25.56 on Friday. The stock has a market capitalization of $145.94 billion, a price-to-earnings ratio of 12.17, a PEG ratio of 0.64 and a beta of 0.80. Banco Bilbao Viscaya Argentaria has a 52 week low of $14.63 and a 52 week high of $26.20. The firm has a 50 day moving average of $23.05 and a 200 day moving average of $23.07.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its quarterly earnings results on Tuesday, March 31st. The bank reported $0.59 earnings per share (EPS) for the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 17.65% and a net margin of 28.21%.The business had revenue of $12.33 billion for the quarter. As a group, analysts expect that Banco Bilbao Viscaya Argentaria will post 2.38 EPS for the current year.

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.