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

Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) have received a consensus rating of “Moderate Buy” from the four ratings firms that are covering the stock, Marketbeat reports. One investment 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 brokerages have issued reports on BBVA. StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th. Citigroup raised Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a report on Friday, August 9th.

Banco Bilbao Vizcaya Argentaria Stock Up 2.2 %

BBVA opened at $9.45 on Friday. Banco Bilbao Vizcaya Argentaria has a 12-month low of $8.63 and a 12-month high of $12.20. The business has a 50 day moving average of $10.03 and a 200-day moving average of $10.24. The stock has a market cap of $55.17 billion, a price-to-earnings ratio of 5.43, a PEG ratio of 0.93 and a beta of 1.31.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Friday, October 25th. Stockholders of record on Wednesday, October 9th were issued a dividend of $0.3244 per share. The ex-dividend date was Wednesday, October 9th. This is a boost from Banco Bilbao Vizcaya Argentaria’s previous Semi-Annual dividend of $0.11. This represents a dividend yield of 5.6%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is currently 29.31%.

Institutional Investors Weigh In On Banco Bilbao Vizcaya Argentaria

A number of large investors have recently added to or reduced their stakes in BBVA. Rothschild Investment LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 2nd quarter worth $40,000. Barclays PLC acquired a new stake in Banco Bilbao Vizcaya Argentaria during the third quarter worth about $41,000. Ashton Thomas Private Wealth LLC bought a new position in Banco Bilbao Vizcaya Argentaria in the 2nd quarter valued at about $43,000. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 67.8% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank’s stock worth $49,000 after acquiring an additional 1,990 shares during the period. Finally, Russell Investments Group Ltd. lifted its stake in Banco Bilbao Vizcaya Argentaria by 48.2% during the first quarter. Russell Investments Group Ltd. now owns 5,788 shares of the bank’s stock worth $69,000 after purchasing an additional 1,882 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.