Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Given Consensus Rating of “Hold” by Analysts

Shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) have earned a consensus recommendation of “Hold” from the six analysts that are covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company.

Several equities research analysts recently commented on BBVA shares. UBS Group reissued a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, April 20th. Zacks Research downgraded Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 10th. Wall Street Zen downgraded Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings downgraded Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Finally, Barclays downgraded Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 15th.

Institutional Investors Weigh In On Banco Bilbao Viscaya Argentaria

A number of institutional investors and hedge funds have recently modified their holdings of BBVA. Archford Capital Strategies LLC acquired a new stake in Banco Bilbao Viscaya Argentaria during the 4th quarter valued at $3,286,000. Rathbones Group PLC raised its stake in Banco Bilbao Viscaya Argentaria by 250.8% during the 3rd quarter. Rathbones Group PLC now owns 246,151 shares of the bank’s stock valued at $4,738,000 after purchasing an additional 175,976 shares during the period. JPMorgan Chase & Co. raised its stake in Banco Bilbao Viscaya Argentaria by 6.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,846,150 shares of the bank’s stock valued at $93,288,000 after purchasing an additional 297,752 shares during the period. JCIC Asset Management Inc. acquired a new stake in Banco Bilbao Viscaya Argentaria during the 4th quarter valued at $3,075,000. Finally, American Century Companies Inc. raised its stake in Banco Bilbao Viscaya Argentaria by 23.4% during the 3rd quarter. American Century Companies Inc. now owns 3,248,176 shares of the bank’s stock valued at $62,527,000 after purchasing an additional 615,985 shares during the period. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Trading Down 0.8%

BBVA opened at $24.34 on Friday. The business’s 50 day moving average is $22.83 and its 200-day moving average is $22.97. The stock has a market cap of $138.93 billion, a PE ratio of 11.59, a price-to-earnings-growth ratio of 0.61 and a beta of 0.81. Banco Bilbao Viscaya Argentaria has a twelve month low of $14.63 and a twelve month high of $26.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last released its quarterly earnings results on Tuesday, March 31st. The bank reported $0.59 earnings per share for the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 17.65% and a net margin of 28.21%.The company had revenue of $12.33 billion for the quarter. As a group, analysts forecast that Banco Bilbao Viscaya Argentaria will post 2.38 EPS 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.