Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) have earned a consensus rating of “Moderate Buy” from the four ratings firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company.

Several equities research analysts have recently issued reports on the company. Citigroup upgraded Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a report on Friday, August 9th. Royal Bank of Canada raised shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research note on Wednesday, July 31st. Finally, BNP Paribas cut Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research report on Wednesday, June 12th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Capital Research Global Investors raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 56.2% in the first quarter. Capital Research Global Investors now owns 233,631 shares of the bank’s stock valued at $2,766,000 after purchasing an additional 84,063 shares in the last quarter. Capital Wealth Planning LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 30.1% in the first quarter. Capital Wealth Planning LLC now owns 432,620 shares of the bank’s stock valued at $5,122,000 after acquiring an additional 100,170 shares during the period. Deltec Asset Management LLC acquired a new position in Banco Bilbao Vizcaya Argentaria in the second quarter worth about $928,000. Norden Group LLC bought a new position in Banco Bilbao Vizcaya Argentaria during the first quarter worth about $979,000. Finally, Sequoia Financial Advisors LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria by 5.8% during the second quarter. Sequoia Financial Advisors LLC now owns 88,022 shares of the bank’s stock valued at $883,000 after purchasing an additional 4,850 shares in the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Banco Bilbao Vizcaya Argentaria Trading Down 0.7 %

Shares of BBVA stock opened at $10.86 on Friday. Banco Bilbao Vizcaya Argentaria has a 1-year low of $7.72 and a 1-year high of $12.20. The stock’s fifty day simple moving average is $10.35 and its 200-day simple moving average is $10.64. The company has a market capitalization of $63.40 billion, a price-to-earnings ratio of 7.39, a P/E/G ratio of 0.97 and a beta of 1.30.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings data on Thursday, August 1st. The bank reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.03. Banco Bilbao Vizcaya Argentaria had a net margin of 27.55% and a return on equity of 16.40%. The firm had revenue of $9.93 billion for the quarter. During the same period in the previous year, the firm posted $0.36 earnings per share. On average, sell-side analysts predict that Banco Bilbao Vizcaya Argentaria will post 1.7 EPS for the current year.

About Banco Bilbao Vizcaya 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.