Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) Given Consensus Rating of “Hold” by Brokerages

Shares of Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) have earned an average recommendation of “Hold” from the eight research firms that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and two have issued a buy recommendation on the company.

Several research firms have recently weighed in on BBVA. Zacks Investment Research lowered shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Wednesday, May 15th. Deutsche Bank raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Monday, April 1st. ValuEngine raised shares of Banco Bilbao Vizcaya Argentaria from a “strong sell” rating to a “sell” rating in a report on Wednesday, May 1st. Finally, Credit Suisse Group lowered shares of Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a report on Wednesday, June 12th.

BBVA traded down $0.03 during midday trading on Tuesday, reaching $5.54. 72,100 shares of the company’s stock were exchanged, compared to its average volume of 5,315,244. The company has a market cap of $37.07 billion, a price-to-earnings ratio of 6.30, a price-to-earnings-growth ratio of 3.24 and a beta of 1.01. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.16. Banco Bilbao Vizcaya Argentaria has a one year low of $4.99 and a one year high of $7.50. The company’s 50-day moving average is $5.63.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Monday, April 29th. The bank reported $0.18 EPS for the quarter. The firm had revenue of $6.89 billion during the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 23.14% and a return on equity of 9.80%. Analysts predict that Banco Bilbao Vizcaya Argentaria will post 0.74 EPS for the current fiscal year.

Several institutional investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 4.3% during the first quarter. PNC Financial Services Group Inc. now owns 354,838 shares of the bank’s stock worth $2,033,000 after purchasing an additional 14,619 shares in the last quarter. Two Sigma Investments LP bought a new position in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter worth $607,000. Signaturefd LLC boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 27.4% during the first quarter. Signaturefd LLC now owns 42,201 shares of the bank’s stock worth $242,000 after purchasing an additional 9,072 shares in the last quarter. Cornerstone Advisors Inc. boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 173.7% during the first quarter. Cornerstone Advisors Inc. now owns 4,609 shares of the bank’s stock worth $26,000 after purchasing an additional 2,925 shares in the last quarter. Finally, Greenleaf Trust boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 149.1% during the first quarter. Greenleaf Trust now owns 34,658 shares of the bank’s stock worth $199,000 after purchasing an additional 20,743 shares in the last quarter. 2.86% of the stock is owned by institutional investors and hedge funds.

Banco Bilbao Vizcaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. The company accepts various deposits, such as current and savings accounts, term deposits, subordinated deposits, and other accounts. It also offers loan products; and foreclosed real-estate assets from residential mortgages and developers, as well as lending to developers.

Featured Story: Outperform Rating

Analyst Recommendations for Banco Bilbao Vizcaya Argentaria (NYSE:BBVA)

Receive News & Ratings for Banco Bilbao Vizcaya Argentaria Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Bilbao Vizcaya Argentaria and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply