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

Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) have been given a consensus rating of “Hold” by the three research firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and one has issued a strong buy rating on the company.

Several research firms have weighed in on BBVA. Citigroup upgraded shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a report on Friday, August 9th. StockNews.com raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th.

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

Several institutional investors have recently added to or reduced their stakes in BBVA. Rothschild Investment LLC purchased a new stake in Banco Bilbao Vizcaya Argentaria in the 2nd quarter valued at about $40,000. Barclays PLC purchased a new stake in Banco Bilbao Vizcaya Argentaria in the third quarter valued at approximately $41,000. Ashton Thomas Private Wealth LLC acquired a new position in Banco Bilbao Vizcaya Argentaria during the second quarter worth approximately $43,000. Benjamin F. Edwards & Company Inc. raised its stake in Banco Bilbao Vizcaya Argentaria by 67.8% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank’s stock worth $49,000 after purchasing an additional 1,990 shares during the period. Finally, Russell Investments Group Ltd. boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 48.2% in the 1st quarter. Russell Investments Group Ltd. now owns 5,788 shares of the bank’s stock valued at $69,000 after purchasing an additional 1,882 shares during the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Banco Bilbao Vizcaya Argentaria Stock Performance

Banco Bilbao Vizcaya Argentaria stock opened at $10.11 on Friday. The firm has a market capitalization of $58.99 billion, a price-to-earnings ratio of 5.81, a price-to-earnings-growth ratio of 0.95 and a beta of 1.28. Banco Bilbao Vizcaya Argentaria has a fifty-two week low of $8.63 and a fifty-two week high of $12.20. The stock’s fifty day moving average is $9.93 and its two-hundred day moving average is $10.22.

Banco Bilbao Vizcaya Argentaria Increases Dividend

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

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.