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

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

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

Banco Bilbao Vizcaya Argentaria Stock Performance

NYSE:BBVA opened at $10.75 on Friday. Banco Bilbao Vizcaya Argentaria has a one year low of $7.72 and a one year high of $12.20. The firm has a market cap of $62.73 billion, a P/E ratio of 7.31, a P/E/G ratio of 1.03 and a beta of 1.30. The firm has a 50-day simple moving average of $10.36 and a 200-day simple moving average of $10.65.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its quarterly earnings results on Thursday, August 1st. The bank reported $0.51 EPS for the quarter, beating the consensus estimate 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 business had revenue of $9.93 billion during the quarter. During the same quarter in the prior year, the firm posted $0.36 EPS. On average, research analysts predict that Banco Bilbao Vizcaya Argentaria will post 1.75 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of BBVA. Clearbridge Investments LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 172.8% during the 2nd quarter. Clearbridge Investments LLC now owns 3,096,738 shares of the bank’s stock valued at $31,060,000 after purchasing an additional 1,961,553 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Banco Bilbao Vizcaya Argentaria by 5.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 11,103,927 shares of the bank’s stock valued at $111,371,000 after purchasing an additional 619,836 shares in the last quarter. Optiver Holding B.V. purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at $4,309,000. Envestnet Asset Management Inc. boosted its holdings in shares of 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 acquiring an additional 396,829 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of 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 acquiring an additional 368,660 shares during the last quarter. Institutional investors and hedge funds own 2.96% of the company’s stock.

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.