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

Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) has earned a consensus rating of “Moderate Buy” from the five analysts that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company.

A number of equities research analysts have issued reports on the company. Wall Street Zen raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Weiss Ratings upgraded shares of Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Thursday, March 12th. Zacks Research downgraded shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Finally, 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.

Banco Bilbao Viscaya Argentaria Price Performance

NYSE BBVA opened at $20.50 on Friday. Banco Bilbao Viscaya Argentaria has a fifty-two week low of $11.59 and a fifty-two week high of $26.20. The stock’s 50-day moving average is $23.38 and its two-hundred day moving average is $21.67. The firm has a market cap of $118.12 billion, a P/E ratio of 10.40, a price-to-earnings-growth ratio of 0.54 and a beta of 0.80.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last released its quarterly earnings results on Thursday, February 5th. The bank reported $0.50 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.50. Banco Bilbao Viscaya Argentaria had a return on equity of 17.29% and a net margin of 28.43%.The company had revenue of $11.49 billion during the quarter, compared to the consensus estimate of $10.74 billion. On average, equities analysts expect that Banco Bilbao Viscaya Argentaria will post 1.59 EPS for the current year.

Banco Bilbao Viscaya Argentaria Dividend Announcement

The firm also recently declared a dividend, which will be paid on Monday, April 27th. Stockholders of record on Thursday, April 9th will be given a $0.7084 dividend. This represents a dividend yield of 678.0%. The ex-dividend date of this dividend is Thursday, April 9th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is currently 30.46%.

Hedge Funds Weigh In On Banco Bilbao Viscaya Argentaria

Large investors have recently made changes to their positions in the business. Basepoint Wealth LLC acquired a new stake in Banco Bilbao Viscaya Argentaria in the 4th quarter valued at approximately $26,000. Root Financial Partners LLC lifted its holdings in shares of Banco Bilbao Viscaya Argentaria by 59.6% during the fourth quarter. Root Financial Partners LLC now owns 1,141 shares of the bank’s stock worth $27,000 after buying an additional 426 shares during the last quarter. Harbour Investments Inc. boosted its position in shares of Banco Bilbao Viscaya Argentaria by 84.1% in the fourth quarter. Harbour Investments Inc. now owns 1,259 shares of the bank’s stock valued at $29,000 after acquiring an additional 575 shares during the period. TD Waterhouse Canada Inc. boosted its position in shares of 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 acquiring an additional 440 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Banco Bilbao Viscaya Argentaria in the fourth quarter worth $31,000. Institutional investors and hedge funds own 2.96% of the company’s stock.

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.