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

Shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) have been given an average rating of “Hold” by the six analysts that are presently covering the stock, MarketBeat reports. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company.

A number of equities research analysts have recently weighed in on the company. UBS Group reiterated a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, April 20th. Weiss Ratings downgraded Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday. Zacks Research downgraded Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Barclays downgraded Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Finally, Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Summit Global Investments boosted its position in Banco Bilbao Viscaya Argentaria by 7.7% during the 1st quarter. Summit Global Investments now owns 87,242 shares of the bank’s stock valued at $1,890,000 after purchasing an additional 6,254 shares during the period. Earned Wealth Advisors LLC boosted its position in Banco Bilbao Viscaya Argentaria by 5.7% during the 1st quarter. Earned Wealth Advisors LLC now owns 16,630 shares of the bank’s stock valued at $360,000 after purchasing an additional 892 shares during the period. Parallel Advisors LLC boosted its position in Banco Bilbao Viscaya Argentaria by 10.6% during the 1st quarter. Parallel Advisors LLC now owns 32,143 shares of the bank’s stock valued at $696,000 after purchasing an additional 3,087 shares during the period. Boston Common Asset Management LLC acquired a new position in Banco Bilbao Viscaya Argentaria during the 1st quarter valued at approximately $3,440,000. Finally, Dorsey Wright & Associates boosted its position in Banco Bilbao Viscaya Argentaria by 39.2% during the 1st quarter. Dorsey Wright & Associates now owns 199,131 shares of the bank’s stock valued at $4,313,000 after purchasing an additional 56,085 shares during the period. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Trading Up 1.9%

Shares of NYSE BBVA opened at $22.29 on Friday. Banco Bilbao Viscaya Argentaria has a twelve month low of $14.35 and a twelve month high of $26.20. The company has a market capitalization of $127.22 billion, a price-to-earnings ratio of 10.61, a price-to-earnings-growth ratio of 0.57 and a beta of 0.81. The business has a 50 day simple moving average of $21.95 and a 200-day simple moving average of $22.39.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its quarterly earnings results on Tuesday, March 31st. The bank reported $0.59 earnings per share 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 during the quarter. As a group, equities analysts predict that Banco Bilbao Viscaya Argentaria will post 2.26 earnings per share for the current year.

Banco Bilbao Viscaya Argentaria Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, April 27th. Investors of record on Thursday, April 9th were given a dividend of $0.7084 per share. The ex-dividend date was Thursday, April 9th. This represents a yield of 626.0%. Banco Bilbao Viscaya Argentaria’s payout ratio is currently 54.29%.

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.