Banco Bilbao Vizcaya Argentaria S.A. (NYSE:BBVA) Stock Now Rated “Hold” by Wall Street Analysts

Shares of Banco Bilbao Vizcaya Argentaria S.A. (NYSE:BBVA) have received an average rating of “Hold” from the thirteen analysts that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company.

Several research analysts have issued reports on the stock. Barclays reiterated a “neutral” rating on shares of Banco Bilbao Vizcaya Argentaria in a report on Tuesday, July 14th. Weiss Ratings lowered Banco Bilbao Vizcaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, October 23rd. Keefe, Bruyette & Woods lowered shares of Banco Bilbao Vizcaya Argentaria from a “moderate buy” rating to a “hold” rating in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft cut shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Banco Bilbao Vizcaya Argentaria in a research note on Thursday, September 24th.

Banco Bilbao Vizcaya Argentaria Price Performance

BBVA stock opened at $25.07 on Friday. Banco Bilbao Vizcaya Argentaria has a fifty-two week low of $20.10 and a fifty-two week high of $29.64. The stock has a market capitalization of $139.89 billion, a P/E ratio of 10.23, a P/E/G ratio of 0.63 and a beta of 0.85. The business has a 50-day moving average of $27.06 and a 200-day moving average of $24.80.

Banco Bilbao Vizcaya Argentaria Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, October 14th were given a dividend of $0.4168 per share. This represents a dividend yield of 324.0%. The ex-dividend date of this dividend was Wednesday, October 14th. Banco Bilbao Vizcaya Argentaria’s payout ratio is 29.00%.

Institutional Investors Weigh In On Banco Bilbao Vizcaya Argentaria

Large investors have recently modified their holdings of the company. CoreCap Advisors LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 192.9% in the 3rd quarter. CoreCap Advisors LLC now owns 911 shares of the bank’s stock worth $25,000 after buying an additional 600 shares in the last quarter. Whipplewood Advisors LLC acquired a new stake in Banco Bilbao Vizcaya Argentaria in the 1st quarter valued at about $27,000. Retirement Wealth Solutions LLC lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 53.5% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 1,127 shares of the bank’s stock worth $31,000 after buying an additional 393 shares during the last quarter. West Financial Advisors LLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria during the 3rd quarter valued at $32,000. Finally, Western Wealth Management LLC purchased a new stake in Banco Bilbao Vizcaya Argentaria in the first quarter valued at approximately $33,000. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Banco Bilbao Vizcaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA (NYSE: BBVA) is a global financial services group headquartered in Bilbao, Spain. The bank traces its origins to Banco de Bilbao, founded in 1857, and adopted the BBVA name in 1999 following the merger of Banco Bilbao Vizcaya and Argentaria.

BBVA provides retail and commercial banking services, including checking and savings accounts, consumer and mortgage lending, credit cards, payments, and digital banking. It also serves businesses and institutions through corporate and investment banking, transaction banking, capital markets, and advisory services.