Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Receives Average Recommendation of “Moderate Buy” from Analysts

Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) has been given a consensus recommendation of “Moderate Buy” by the six analysts that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company.

A number of research analysts have issued reports on BBVA shares. Zacks Research upgraded shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 21st. Weiss Ratings reissued a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, December 29th. Morgan Stanley assumed coverage on shares of Banco Bilbao Viscaya Argentaria in a research note on Tuesday, October 21st. They issued an “equal weight” rating for the company. Royal Bank Of Canada lowered Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 28th. Finally, Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BBVA. Dynasty Wealth Management LLC bought a new stake in shares of Banco Bilbao Viscaya Argentaria during the 3rd quarter worth about $876,000. Rathbones Group PLC lifted its position in Banco Bilbao Viscaya Argentaria by 4.6% in the second quarter. Rathbones Group PLC now owns 70,175 shares of the bank’s stock worth $1,079,000 after purchasing an additional 3,066 shares during the period. Osaic Holdings Inc. boosted its stake in Banco Bilbao Viscaya Argentaria by 612.4% during the 2nd quarter. Osaic Holdings Inc. now owns 515,444 shares of the bank’s stock valued at $7,922,000 after purchasing an additional 443,092 shares in the last quarter. Beck Bode LLC acquired a new position in shares of Banco Bilbao Viscaya Argentaria during the 2nd quarter valued at $1,342,000. Finally, US Bancorp DE raised its stake in shares of Banco Bilbao Viscaya Argentaria by 3.3% in the 2nd quarter. US Bancorp DE now owns 781,851 shares of the bank’s stock worth $12,017,000 after buying an additional 25,148 shares in the last quarter. 2.96% of the stock is owned by institutional investors and hedge funds.

Banco Bilbao Viscaya Argentaria Stock Performance

Banco Bilbao Viscaya Argentaria stock opened at $25.92 on Thursday. Banco Bilbao Viscaya Argentaria has a fifty-two week low of $10.77 and a fifty-two week high of $26.14. The company has a market capitalization of $149.36 billion, a price-to-earnings ratio of 13.57, a PEG ratio of 0.88 and a beta of 0.80. The stock has a fifty day moving average of $23.41 and a two-hundred day moving average of $20.42.

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.