Banco Bilbao Viscaya Argentaria’s (BBVA) Neutral Rating Reaffirmed at UBS Group

UBS Group reissued their neutral rating on shares of Banco Bilbao Viscaya Argentaria (NYSE:BBVA) in a report released on Monday, MarketBeat Ratings reports.

BBVA has been the topic of a number of other research reports. Weiss Ratings lowered shares of Banco Bilbao Viscaya Argentaria from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Thursday, April 2nd. Barclays lowered shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. Royal Bank Of Canada lowered shares of Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 28th. Zacks Research lowered shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 10th. Finally, Wall Street Zen upgraded shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. One equities research analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Banco Bilbao Viscaya Argentaria presently has an average rating of “Hold”.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of Banco Bilbao Viscaya Argentaria stock opened at $23.19 on Monday. The firm has a market cap of $133.62 billion, a PE ratio of 11.77, a price-to-earnings-growth ratio of 0.64 and a beta of 0.86. The firm’s 50-day simple moving average is $22.28 and its 200-day simple moving average is $22.15. Banco Bilbao Viscaya Argentaria has a 1 year low of $13.24 and a 1 year high of $26.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its earnings results on Thursday, February 5th. The bank reported $0.50 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.50. The business had revenue of $11.49 billion for the quarter, compared to analyst estimates of $10.74 billion. Banco Bilbao Viscaya Argentaria had a net margin of 28.43% and a return on equity of 17.29%. On average, equities analysts predict that Banco Bilbao Viscaya Argentaria will post 2.24 earnings per share for the current year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, April 27th. Investors of record on Thursday, April 9th will be paid a dividend of $0.7084 per share. The ex-dividend date is Thursday, April 9th. This represents a yield of 626.0%. Banco Bilbao Viscaya Argentaria’s dividend payout ratio is 58.38%.

Institutional Investors Weigh In On Banco Bilbao Viscaya Argentaria

Several institutional investors and hedge funds have recently bought and sold shares of BBVA. Barclays PLC raised its stake in Banco Bilbao Viscaya Argentaria by 1,819.7% during the fourth quarter. Barclays PLC now owns 3,616,734 shares of the bank’s stock worth $84,306,000 after acquiring an additional 3,428,336 shares during the period. Bank of America Corp DE raised its stake in Banco Bilbao Viscaya Argentaria by 28.0% during the second quarter. Bank of America Corp DE now owns 9,288,196 shares of the bank’s stock worth $142,760,000 after acquiring an additional 2,034,318 shares during the period. American Century Companies Inc. raised its stake in Banco Bilbao Viscaya Argentaria by 23.4% during the third quarter. American Century Companies Inc. now owns 3,248,176 shares of the bank’s stock worth $62,527,000 after acquiring an additional 615,985 shares during the period. Millennium Management LLC increased its stake in shares of Banco Bilbao Viscaya Argentaria by 373.4% in the third quarter. Millennium Management LLC now owns 768,243 shares of the bank’s stock valued at $14,789,000 after purchasing an additional 605,947 shares during the period. Finally, Tudor Investment Corp ET AL increased its stake in shares of Banco Bilbao Viscaya Argentaria by 532.8% in the fourth quarter. Tudor Investment Corp ET AL now owns 536,417 shares of the bank’s stock valued at $12,504,000 after purchasing an additional 451,650 shares during the period. Institutional investors and hedge funds own 2.96% of the company’s stock.

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.