Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Receives Consensus Recommendation of "Hold" from Brokerages

Key Points

• Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) has a consensus analyst rating of "Hold" from five firms (three hold, two buy), with recent analyst moves including downgrades from Weiss, RBC and Zacks and an upgrade from Wall Street Zen.
• The bank reported Q results with EPS of $0.50 meeting estimates and revenue of $11.49B beating expectations; BBVA has a market cap of $134.8B, a P/E of 11.87, and recently declared a $0.7084 per‑share dividend (ex‑dividend April 9, payable April 27).

Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA - Get Free Report) has received an average recommendation of "Hold" from the five research firms that are covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

Several equities analysts have weighed in on the stock. Weiss Ratings downgraded shares of Banco Bilbao Viscaya Argentaria from a "buy (a-)" rating to a "buy (b+)" rating in a report on Thursday, April 2nd. Royal Bank Of Canada downgraded shares of Banco Bilbao Viscaya Argentaria from an "outperform" rating to a "sector perform" rating in a report on Wednesday, January 28th. Zacks Research lowered shares of Banco Bilbao Viscaya Argentaria from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 10th. Finally, Wall Street Zen raised shares of Banco Bilbao Viscaya Argentaria from a "hold" rating to a "buy" rating in a research note on Saturday, February 21st.

Institutional Trading of Banco Bilbao Viscaya Argentaria

Several institutional investors and hedge funds have recently made changes to their positions in BBVA. Rockefeller Capital Management L.P. raised its stake in Banco Bilbao Viscaya Argentaria by 44.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 36,911 shares of the bank's stock valued at $860,000 after purchasing an additional 11,439 shares during the last quarter. World Investment Advisors boosted its stake in shares of Banco Bilbao Viscaya Argentaria by 20.7% during the 4th quarter. World Investment Advisors now owns 16,521 shares of the bank's stock worth $385,000 after purchasing an additional 2,832 shares during the last quarter. Corient Private Wealth LLC grew its holdings in shares of Banco Bilbao Viscaya Argentaria by 2.8% during the fourth quarter. Corient Private Wealth LLC now owns 150,378 shares of the bank's stock worth $3,505,000 after buying an additional 4,153 shares in the last quarter. Pure Financial Advisors LLC acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the fourth quarter valued at approximately $363,000. Finally, SHP Wealth Management acquired a new position in shares of Banco Bilbao Viscaya Argentaria in the fourth quarter valued at approximately $44,000. 2.96% of the stock is currently owned by hedge funds and other institutional investors.

Banco Bilbao Viscaya Argentaria Stock Performance

BBVA opened at $23.39 on Tuesday. The company has a market cap of $134.82 billion, a price-to-earnings ratio of 11.87, a PEG ratio of 0.63 and a beta of 0.86. Banco Bilbao Viscaya Argentaria has a one year low of $13.04 and a one year high of $26.20. The business's fifty day moving average is $22.41 and its two-hundred day moving average is $22.00.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA - Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The bank reported $0.50 earnings per share for the quarter, meeting analysts' consensus estimates of $0.50. Banco Bilbao Viscaya Argentaria had a return on equity of 17.29% and a net margin of 28.43%.The business had revenue of $11.49 billion during the quarter, compared to analysts' expectations of $10.74 billion. On average, analysts predict 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 declared a dividend, which will be paid on Monday, April 27th. Shareholders of record on Thursday, April 9th will be given a dividend of $0.7084 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a yield of 626.0%. Banco Bilbao Viscaya Argentaria's dividend payout ratio (DPR) is presently 57.87%.

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.

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