Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) have been assigned a consensus rating of “Moderate Buy” from the five research firms that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company.

Several research analysts have commented on BBVA shares. Morgan Stanley started coverage on Banco Bilbao Viscaya Argentaria in a research report on Tuesday, October 21st. They set an “equal weight” rating on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Wednesday, October 8th. Barclays raised Banco Bilbao Viscaya Argentaria from an “equal weight” rating to an “overweight” rating in a research report on Thursday, August 7th. Finally, Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research report on Sunday, October 19th.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Navigoe LLC acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the third quarter valued at approximately $26,000. Financial Management Professionals Inc. boosted its position in Banco Bilbao Viscaya Argentaria by 105.9% during the second quarter. Financial Management Professionals Inc. now owns 1,845 shares of the bank’s stock worth $28,000 after purchasing an additional 949 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in Banco Bilbao Viscaya Argentaria during the second quarter worth $30,000. Alpine Bank Wealth Management purchased a new stake in Banco Bilbao Viscaya Argentaria during the first quarter worth $29,000. Finally, Salomon & Ludwin LLC boosted its position in Banco Bilbao Viscaya Argentaria by 2,989.5% during the third quarter. Salomon & Ludwin LLC now owns 2,348 shares of the bank’s stock worth $45,000 after purchasing an additional 2,272 shares in the last quarter. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Viscaya Argentaria Price Performance

Shares of NYSE BBVA opened at $19.62 on Tuesday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.01 and a current ratio of 1.01. Banco Bilbao Viscaya Argentaria has a fifty-two week low of $9.23 and a fifty-two week high of $20.16. The firm has a market capitalization of $114.51 billion, a PE ratio of 10.32, a price-to-earnings-growth ratio of 1.03 and a beta of 1.19. The stock’s 50-day simple moving average is $18.88 and its 200-day simple moving average is $16.45.

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

Banco Bilbao Viscaya Argentaria Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, November 24th. Stockholders of record on Thursday, November 6th will be issued a $0.3736 dividend. The ex-dividend date of this dividend is Thursday, November 6th. This represents a dividend yield of 395.0%. Banco Bilbao Viscaya Argentaria’s payout ratio is presently 38.95%.

About Banco Bilbao Viscaya Argentaria

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.