Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) have earned an average rating of “Moderate Buy” from the seven ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, two have given a buy recommendation and two have issued a strong buy recommendation on the company.

BBVA has been the subject of several recent research reports. Royal Bank Of Canada cut Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a report on Wednesday. Wall Street Zen downgraded shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Zacks Research upgraded shares of Banco Bilbao Viscaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 21st. Morgan Stanley began coverage on shares of Banco Bilbao Viscaya Argentaria in a research report on Tuesday, October 21st. They set an “equal weight” rating for the company. Finally, Weiss Ratings reissued a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, December 29th.

Banco Bilbao Viscaya Argentaria Stock Down 3.7%

Banco Bilbao Viscaya Argentaria stock opened at $25.14 on Thursday. The stock has a 50-day simple moving average of $23.10 and a 200 day simple moving average of $20.16. The stock has a market capitalization of $144.86 billion, a price-to-earnings ratio of 13.16, a P/E/G ratio of 0.91 and a beta of 0.82. Banco Bilbao Viscaya Argentaria has a 12-month low of $10.77 and a 12-month high of $26.14.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its quarterly earnings results on Thursday, October 30th. The bank reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. The business had revenue of $10.59 billion during the quarter, compared to analyst estimates of $10.47 billion. Banco Bilbao Viscaya Argentaria had a net margin of 28.58% and a return on equity of 17.07%. As a group, sell-side analysts anticipate that Banco Bilbao Viscaya Argentaria will post 1.59 EPS for the current year.

Institutional Investors Weigh In On Banco Bilbao Viscaya Argentaria

A number of hedge funds have recently modified their holdings of BBVA. Savvy Advisors Inc. raised its holdings in Banco Bilbao Viscaya Argentaria by 2.9% during the 4th quarter. Savvy Advisors Inc. now owns 15,062 shares of the bank’s stock worth $351,000 after buying an additional 418 shares during the period. Seeds Investor LLC increased its position in shares of Banco Bilbao Viscaya Argentaria by 3.0% during the fourth quarter. Seeds Investor LLC now owns 15,003 shares of the bank’s stock worth $350,000 after acquiring an additional 439 shares in the last quarter. TD Waterhouse Canada Inc. increased its position in shares of Banco Bilbao Viscaya Argentaria by 50.9% during the fourth quarter. TD Waterhouse Canada Inc. now owns 1,304 shares of the bank’s stock worth $30,000 after acquiring an additional 440 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of Banco Bilbao Viscaya Argentaria by 45.6% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,456 shares of the bank’s stock worth $34,000 after acquiring an additional 456 shares during the period. Finally, Diversified Trust Co. lifted its position in Banco Bilbao Viscaya Argentaria by 3.4% in the 4th quarter. Diversified Trust Co. now owns 14,168 shares of the bank’s stock valued at $330,000 after acquiring an additional 463 shares in the last quarter. 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.