Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) has earned a consensus recommendation of “Hold” from the twelve brokerages that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and four have given a buy recommendation to the company.
A number of brokerages recently weighed in on BBVA. Redburn Partners downgraded Banco Bilbao Vizcaya Argentaria from a “neutral” rating to a “sell” rating in a research report on Tuesday, August 11th. UBS Group reissued a “neutral” rating on shares of Banco Bilbao Vizcaya Argentaria in a research report on Friday, July 31st. Zacks Investment Research raised shares of Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “hold” rating in a research report on Wednesday, August 5th. Finally, Morgan Stanley reissued an “equal weight” rating on shares of Banco Bilbao Vizcaya Argentaria in a research report on Thursday, August 6th.
A number of institutional investors have recently bought and sold shares of BBVA. Truehand Inc purchased a new position in shares of Banco Bilbao Vizcaya Argentaria in the second quarter worth about $30,000. EP Wealth Advisors LLC purchased a new position in Banco Bilbao Vizcaya Argentaria during the 1st quarter worth approximately $34,000. Lindbrook Capital LLC lifted its stake in Banco Bilbao Vizcaya Argentaria by 40.7% during the 2nd quarter. Lindbrook Capital LLC now owns 10,538 shares of the bank’s stock valued at $36,000 after acquiring an additional 3,048 shares during the period. TCTC Holdings LLC acquired a new stake in Banco Bilbao Vizcaya Argentaria during the 2nd quarter valued at approximately $36,000. Finally, Creative Planning purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 1st quarter valued at $37,000. Institutional investors and hedge funds own 2.22% of the company’s stock.
NYSE BBVA opened at $2.82 on Thursday. The company has a market cap of $18.80 billion, a PE ratio of -35.25 and a beta of 1.08. The firm’s 50 day moving average price is $3.00 and its 200-day moving average price is $3.27. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.32 and a current ratio of 0.32. Banco Bilbao Vizcaya Argentaria has a 52-week low of $2.64 and a 52-week high of $5.80.
Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its earnings results on Thursday, July 30th. The bank reported $0.09 earnings per share for the quarter. Banco Bilbao Vizcaya Argentaria had a positive return on equity of 6.32% and a negative net margin of 0.33%. The company had revenue of $6.12 billion during the quarter. On average, analysts forecast that Banco Bilbao Vizcaya Argentaria will post 0.06 earnings per share for the current fiscal year.
About Banco Bilbao Vizcaya Argentaria
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.
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