Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Given Average Recommendation of “Hold” by Brokerages

Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) has been assigned an average recommendation of “Hold” from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company.

BBVA has been the topic of several analyst reports. Wall Street Zen cut Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings cut Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. UBS Group restated a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Monday, April 20th. Zacks Research cut Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 10th. Finally, Barclays cut Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 15th.

Institutional Trading of Banco Bilbao Viscaya Argentaria

A number of hedge funds and other institutional investors have recently modified their holdings of BBVA. Basepoint Wealth LLC bought a new stake in shares of Banco Bilbao Viscaya Argentaria in the 4th quarter worth $26,000. Root Financial Partners LLC raised its stake in shares of Banco Bilbao Viscaya Argentaria by 59.6% in the 4th quarter. Root Financial Partners LLC now owns 1,141 shares of the bank’s stock worth $27,000 after buying an additional 426 shares in the last quarter. Whipplewood Advisors LLC bought a new stake in shares of Banco Bilbao Viscaya Argentaria in the 1st quarter worth $27,000. Harbour Investments Inc. raised its stake in shares of Banco Bilbao Viscaya Argentaria by 84.1% in the 4th quarter. Harbour Investments Inc. now owns 1,259 shares of the bank’s stock worth $29,000 after buying an additional 575 shares in the last quarter. Finally, TD Waterhouse Canada Inc. raised its stake in shares of Banco Bilbao Viscaya Argentaria by 50.9% in the 4th quarter. TD Waterhouse Canada Inc. now owns 1,304 shares of the bank’s stock worth $30,000 after buying an additional 440 shares in the last quarter. Institutional investors own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Price Performance

BBVA opened at $23.26 on Wednesday. Banco Bilbao Viscaya Argentaria has a 12 month low of $14.63 and a 12 month high of $26.20. The stock has a market cap of $132.77 billion, a P/E ratio of 11.07, a P/E/G ratio of 0.61 and a beta of 0.81. The stock’s 50 day moving average price is $22.20 and its 200 day moving average price is $22.66.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its earnings results on Tuesday, March 31st. The bank reported $0.59 EPS for the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 17.65% and a net margin of 28.21%.The firm had revenue of $12.33 billion for the quarter. Equities analysts anticipate that Banco Bilbao Viscaya Argentaria will post 2.26 EPS for the current year.

About Banco Bilbao Viscaya Argentaria

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.