Banco Bilbao Viscaya Argentaria (NYSE:BBVA) Receives Buy (B+) Rating from Weiss Ratings

Weiss Ratings restated their buy (b+) rating on shares of Banco Bilbao Viscaya Argentaria (NYSE:BBVA) in a research report released on Thursday morning,Weiss Ratings reports.

A number of other research firms have also weighed in on BBVA. Wall Street Zen lowered shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Sunday, October 19th. 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 on the stock. Finally, Barclays upgraded shares of Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a research report on Thursday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Stock Down 1.6%

NYSE:BBVA opened at $19.98 on Thursday. The firm has a market capitalization of $116.61 billion, a P/E ratio of 10.51, a PEG ratio of 1.07 and a beta of 1.19. Banco Bilbao Viscaya Argentaria has a 1-year low of $9.23 and a 1-year high of $20.54. The company’s fifty day moving average price is $18.97 and its 200-day moving average price is $16.65. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.01 and a quick ratio of 1.01.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Thursday, July 31st. The bank reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.05. The firm had revenue of $10.30 billion for the quarter, compared to analyst estimates of $10.24 billion. Banco Bilbao Viscaya Argentaria had a net margin of 29.17% and a return on equity of 17.61%. As a group, equities research analysts anticipate that Banco Bilbao Viscaya Argentaria will post 1.59 EPS for the current year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The business also recently announced a dividend, which will be paid on Monday, November 24th. Stockholders of record on Thursday, November 6th will be given a $0.3736 dividend. The ex-dividend date is Thursday, November 6th. This represents a dividend yield of 395.0%. Banco Bilbao Viscaya Argentaria’s dividend payout ratio (DPR) is 31.58%.

Institutional Trading of Banco Bilbao Viscaya Argentaria

Institutional investors have recently modified their holdings of the stock. Navigoe LLC acquired a new stake in shares of Banco Bilbao Viscaya Argentaria in the third quarter valued at about $26,000. Financial Management Professionals Inc. grew its position in shares of Banco Bilbao Viscaya Argentaria by 105.9% in the second quarter. Financial Management Professionals Inc. now owns 1,845 shares of the bank’s stock valued at $28,000 after purchasing an additional 949 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Banco Bilbao Viscaya Argentaria in the second quarter valued at about $30,000. Private Trust Co. NA grew its position in shares of Banco Bilbao Viscaya Argentaria by 224.7% in the first quarter. Private Trust Co. NA now owns 2,607 shares of the bank’s stock valued at $36,000 after purchasing an additional 1,804 shares during the period. Finally, Salomon & Ludwin LLC grew its position in shares of Banco Bilbao Viscaya Argentaria by 2,989.5% in the third quarter. Salomon & Ludwin LLC now owns 2,348 shares of the bank’s stock valued at $45,000 after purchasing an additional 2,272 shares during the period. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria, SA provides retail banking, wholesale banking, and asset management services in the United States, Spain, Mexico, Turkey, South America, and internationally. The company offers savings account, demand deposits, and time deposits; and loan products, such as residential mortgages, other households, credit card loans, loans to enterprises and public sector, as well as consumer finance.