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

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

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

Hedge Funds Weigh In On Banco Bilbao Viscaya Argentaria

A number of hedge funds have recently modified their holdings of BBVA. AQR Capital Management LLC grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 103.0% in the 1st quarter. AQR Capital Management LLC now owns 125,927 shares of the bank’s stock worth $1,715,000 after acquiring an additional 63,880 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 104.6% during the first quarter. Jane Street Group LLC now owns 181,639 shares of the bank’s stock valued at $2,474,000 after buying an additional 92,843 shares in the last quarter. Focus Partners Wealth grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 4.3% during the first quarter. Focus Partners Wealth now owns 17,923 shares of the bank’s stock valued at $244,000 after buying an additional 732 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 9.5% during the second quarter. Sivia Capital Partners LLC now owns 24,063 shares of the bank’s stock valued at $370,000 after buying an additional 2,090 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 44.0% during the second quarter. Russell Investments Group Ltd. now owns 72,881 shares of the bank’s stock valued at $1,120,000 after buying an additional 22,284 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Banco Bilbao Viscaya Argentaria Stock Performance

BBVA opened at $23.26 on Wednesday. Banco Bilbao Viscaya Argentaria has a one year low of $14.63 and a one year high of $26.20. The stock’s fifty day moving average is $22.20 and its 200-day moving average is $22.66. The company has a market capitalization of $132.77 billion, a PE ratio of 11.07, a P/E/G ratio of 0.61 and a beta of 0.81.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its earnings results on Tuesday, March 31st. The bank reported $0.59 earnings per share (EPS) for the quarter. The business had revenue of $12.33 billion for the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 17.65% and a net margin of 28.21%. On average, equities research analysts forecast that Banco Bilbao Viscaya Argentaria will post 2.26 EPS for the current fiscal 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.