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

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) has earned an average rating of “Moderate Buy” from the four analysts that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company.

A number of research firms have recently weighed in on BBVA. BNP Paribas downgraded shares of Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a report on Wednesday, June 12th. Royal Bank of Canada upgraded shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a report on Wednesday, July 31st. Finally, Citigroup upgraded shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a report on Friday, August 9th.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of BBVA stock opened at $10.75 on Friday. The company has a market capitalization of $62.73 billion, a price-to-earnings ratio of 7.31, a PEG ratio of 1.03 and a beta of 1.30. Banco Bilbao Vizcaya Argentaria has a one year low of $7.72 and a one year high of $12.20. The company’s fifty day moving average price is $10.36 and its 200-day moving average price is $10.65.

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 the consensus estimate of $0.48 by $0.03. The firm had revenue of $9.93 billion for the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 27.55% and a return on equity of 16.40%. During the same quarter in the previous year, the business earned $0.36 earnings per share. Equities research analysts expect that Banco Bilbao Vizcaya Argentaria will post 1.75 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

A number of large investors have recently made changes to their positions in the company. Clearbridge Investments LLC boosted its position in Banco Bilbao Vizcaya Argentaria by 172.8% in the 2nd quarter. Clearbridge Investments LLC now owns 3,096,738 shares of the bank’s stock valued at $31,060,000 after buying an additional 1,961,553 shares during the period. Dimensional Fund Advisors LP boosted its position in Banco Bilbao Vizcaya Argentaria by 5.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 11,103,927 shares of the bank’s stock valued at $111,371,000 after buying an additional 619,836 shares during the period. Optiver Holding B.V. purchased a new stake in Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at about $4,309,000. Envestnet Asset Management Inc. boosted its position in Banco Bilbao Vizcaya Argentaria by 9.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,412,058 shares of the bank’s stock valued at $44,253,000 after buying an additional 396,829 shares during the period. Finally, American Century Companies Inc. boosted its position in Banco Bilbao Vizcaya Argentaria by 24.2% in the 2nd quarter. American Century Companies Inc. now owns 1,890,079 shares of the bank’s stock valued at $18,957,000 after buying an additional 368,660 shares during the period. 2.96% of the stock is owned by hedge funds and other institutional investors.

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.