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

Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) has been given an average rating of “Hold” by the eight analysts that are currently covering the stock, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company.

BBVA has been the subject of several research reports. UBS Group reissued a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, April 20th. Bank of America cut shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 15th. Wall Street Zen raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Friday, July 31st. Finally, Keefe, Bruyette & Woods cut shares of Banco Bilbao Viscaya Argentaria from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, August 12th.

Banco Bilbao Viscaya Argentaria Stock Down 0.0%

Banco Bilbao Viscaya Argentaria stock opened at $28.70 on Monday. The firm has a market capitalization of $163.83 billion, a price-to-earnings ratio of 13.04, a price-to-earnings-growth ratio of 0.77 and a beta of 0.80. The firm’s fifty day moving average price is $25.71 and its two-hundred day moving average price is $23.69. Banco Bilbao Viscaya Argentaria has a 1-year low of $17.77 and a 1-year high of $28.93. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.77.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its quarterly earnings data on Tuesday, June 30th. The bank reported $0.62 EPS for the quarter. The firm had revenue of $11.99 billion during the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 18.05% and a net margin of 27.75%. On average, equities research analysts predict that Banco Bilbao Viscaya Argentaria will post 2.37 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Banco Bilbao Viscaya Argentaria

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. 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. Seeds Investor LLC raised its position in shares of Banco Bilbao Viscaya Argentaria by 3.0% during the 4th quarter. Seeds Investor LLC now owns 15,003 shares of the bank’s stock worth $350,000 after purchasing an additional 439 shares during the last quarter. TD Waterhouse Canada Inc. lifted its position in shares of 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 valued at $30,000 after acquiring an additional 440 shares in the last quarter. Jain Global LLC lifted its holdings in Banco Bilbao Viscaya Argentaria by 0.9% in the 4th quarter. Jain Global LLC now owns 52,925 shares of the bank’s stock valued at $1,234,000 after purchasing an additional 473 shares in the last quarter. Finally, Peapack Gladstone Financial Corp lifted its stake in shares of Banco Bilbao Viscaya Argentaria by 4.1% in the second quarter. Peapack Gladstone Financial Corp now owns 14,304 shares of the bank’s stock worth $220,000 after buying an additional 563 shares in the last quarter. Institutional investors own 2.96% of the company’s stock.

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.