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

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

BBVA has been the subject of a number of research analyst reports. Zacks Research downgraded shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Weiss Ratings downgraded Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Barclays lowered Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. UBS Group reiterated a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, April 20th. Finally, Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Basepoint Wealth LLC bought a new stake in shares of Banco Bilbao Viscaya Argentaria in the 4th quarter worth approximately $26,000. Root Financial Partners LLC lifted its stake in Banco Bilbao Viscaya Argentaria by 59.6% in the fourth quarter. Root Financial Partners LLC now owns 1,141 shares of the bank’s stock worth $27,000 after acquiring an additional 426 shares during the period. Whipplewood Advisors LLC purchased a new stake in Banco Bilbao Viscaya Argentaria in the first quarter worth $27,000. Harbour Investments Inc. boosted its holdings 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 in the last quarter. Finally, TD Waterhouse Canada Inc. increased its position in 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 valued at $30,000 after purchasing an additional 440 shares during the period. 2.96% of the stock is owned by hedge funds and other institutional investors.

Banco Bilbao Viscaya Argentaria Trading Up 2.3%

Shares of BBVA opened at $25.56 on Friday. The stock has a 50-day moving average price of $22.98 and a 200-day moving average price of $23.05. The company has a market cap of $145.94 billion, a PE ratio of 12.17, a price-to-earnings-growth ratio of 0.62 and a beta of 0.80. Banco Bilbao Viscaya Argentaria has a 12-month low of $14.63 and a 12-month high of $26.20.

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

About Banco Bilbao Viscaya Argentaria

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.