Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Given Average Recommendation of “Hold” by Analysts

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) has been given an average rating of “Hold” by the six brokerages that are currently covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

A number of analysts have weighed in on the stock. StockNews.com assumed coverage on shares of Banco Bilbao Vizcaya Argentaria in a report on Thursday, August 17th. They set a “buy” rating on the stock. Barclays assumed coverage on shares of Banco Bilbao Vizcaya Argentaria in a report on Friday, May 26th. They set an “equal weight” rating on the stock.

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

A number of institutional investors have recently modified their holdings of the business. Portside Wealth Group LLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria in the 2nd quarter valued at $143,000. Osaic Holdings Inc. grew its position in Banco Bilbao Vizcaya Argentaria by 27.4% in the 2nd quarter. Osaic Holdings Inc. now owns 172,769 shares of the bank’s stock valued at $1,327,000 after buying an additional 37,151 shares during the last quarter. Teachers Retirement System of The State of Kentucky purchased a new position in Banco Bilbao Vizcaya Argentaria in the 2nd quarter valued at $3,050,000. Principal Street Partners LLC grew its position in Banco Bilbao Vizcaya Argentaria by 15.5% in the 2nd quarter. Principal Street Partners LLC now owns 12,164 shares of the bank’s stock valued at $93,000 after buying an additional 1,628 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in Banco Bilbao Vizcaya Argentaria by 61.3% in the 2nd quarter. Wells Fargo & Company MN now owns 153,933 shares of the bank’s stock valued at $1,182,000 after buying an additional 58,487 shares during the last quarter. 2.83% of the stock is owned by institutional investors and hedge funds.

Banco Bilbao Vizcaya Argentaria Stock Down 1.6 %

Shares of NYSE:BBVA opened at $7.81 on Monday. The firm’s 50 day moving average price is $7.77 and its 200 day moving average price is $7.37. The stock has a market cap of $46.59 billion, a price-to-earnings ratio of 6.51, a price-to-earnings-growth ratio of 0.50 and a beta of 1.32. Banco Bilbao Vizcaya Argentaria has a fifty-two week low of $4.32 and a fifty-two week high of $8.18. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its earnings results on Friday, July 28th. The bank reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.02. Banco Bilbao Vizcaya Argentaria had a net margin of 26.54% and a return on equity of 14.53%. The firm had revenue of $7.83 billion for the quarter. During the same period last year, the business earned $0.30 EPS. As a group, equities research analysts predict that Banco Bilbao Vizcaya Argentaria will post 1.42 earnings per share for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail banking, wholesale banking, and asset management services. It offers current accounts; and demand, savings, overnight, time, term, and subordinated deposits. The company also provides loan products; deals in securities; leasing, factoring, brokerage, and asset management services; and manages pension and investment funds.