Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Given Average Rating of “Moderate Buy” by Brokerages

Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) has earned an average recommendation of “Moderate Buy” from the seven brokerages that are covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company.

Several research firms have recently issued reports on BBVA. Morgan Stanley started coverage on shares of Banco Bilbao Viscaya Argentaria in a report on Tuesday, October 21st. They set an “equal weight” rating on the stock. Royal Bank Of Canada downgraded Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research report on Wednesday. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, December 29th. Zacks Research upgraded Banco Bilbao Viscaya Argentaria from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 21st. Finally, Wall Street Zen cut Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th.

Institutional Trading of Banco Bilbao Viscaya Argentaria

Several institutional investors have recently bought and sold shares of BBVA. Savvy Advisors Inc. boosted its stake in shares of Banco Bilbao Viscaya Argentaria by 2.9% in the 4th quarter. Savvy Advisors Inc. now owns 15,062 shares of the bank’s stock valued at $351,000 after purchasing an additional 418 shares in the last quarter. Seeds Investor LLC lifted its holdings in Banco Bilbao Viscaya Argentaria by 3.0% during the 4th quarter. Seeds Investor LLC now owns 15,003 shares of the bank’s stock valued at $350,000 after purchasing an additional 439 shares during the last quarter. TD Waterhouse Canada Inc. boosted its position in 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 buying an additional 440 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in Banco Bilbao Viscaya Argentaria by 45.6% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,456 shares of the bank’s stock valued at $34,000 after buying an additional 456 shares in the last quarter. Finally, Diversified Trust Co. grew its stake in Banco Bilbao Viscaya Argentaria by 3.4% during the fourth quarter. Diversified Trust Co. now owns 14,168 shares of the bank’s stock worth $330,000 after buying an additional 463 shares during the last quarter. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Stock Performance

BBVA opened at $25.14 on Thursday. The company has a market cap of $144.86 billion, a PE ratio of 13.16, a price-to-earnings-growth ratio of 0.91 and a beta of 0.82. The stock has a 50-day moving average of $23.10 and a 200-day moving average of $20.16. Banco Bilbao Viscaya Argentaria has a 52-week low of $10.77 and a 52-week high of $26.14.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its earnings results on Thursday, October 30th. The bank reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. The business had revenue of $10.59 billion for the quarter, compared to analyst estimates of $10.47 billion. Banco Bilbao Viscaya Argentaria had a net margin of 28.58% and a return on equity of 17.07%. On average, research analysts predict that Banco Bilbao Viscaya Argentaria will post 1.59 earnings per share for the current year.

Banco Bilbao Viscaya Argentaria Company Profile

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.