Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Issues Quarterly Earnings Results

Banco Bilbao Vizcaya Argentaria (NYSE:BBVAGet Free Report) announced its quarterly earnings data on Monday. The bank reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.02, MarketWatch Earnings reports. Banco Bilbao Vizcaya Argentaria had a net margin of 26.36% and a return on equity of 14.46%.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of BBVA stock opened at $9.35 on Wednesday. The firm has a market cap of $55.78 billion, a price-to-earnings ratio of 7.30, a PEG ratio of 0.46 and a beta of 1.32. The company’s 50 day moving average is $9.08 and its 200 day moving average is $8.35. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.22. Banco Bilbao Vizcaya Argentaria has a 52-week low of $6.24 and a 52-week high of $9.52.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Keefe, Bruyette & Woods raised shares of Banco Bilbao Vizcaya Argentaria from a “market perform” rating to an “outperform” rating in a research report on Monday, December 4th. Barclays raised shares of Banco Bilbao Vizcaya Argentaria from an “equal weight” rating to an “overweight” rating in a research report on Thursday, October 19th. Finally, StockNews.com initiated coverage on shares of Banco Bilbao Vizcaya Argentaria in a report on Thursday, October 5th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Report on Banco Bilbao Vizcaya Argentaria

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

Several institutional investors have recently bought and sold shares of BBVA. Brown Brothers Harriman & Co. boosted its stake in Banco Bilbao Vizcaya Argentaria by 124.8% in the first quarter. Brown Brothers Harriman & Co. now owns 6,859 shares of the bank’s stock valued at $39,000 after acquiring an additional 3,808 shares in the last quarter. Cetera Investment Advisers acquired a new stake in Banco Bilbao Vizcaya Argentaria in the first quarter valued at approximately $72,000. Bleakley Financial Group LLC acquired a new stake in Banco Bilbao Vizcaya Argentaria in the first quarter valued at approximately $73,000. Glenmede Trust Co. NA acquired a new stake in Banco Bilbao Vizcaya Argentaria in the third quarter valued at approximately $84,000. Finally, Savant Capital LLC acquired a new stake in Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at approximately $58,000. 2.83% of the stock is owned by hedge funds and other institutional investors.

Banco Bilbao Vizcaya Argentaria Company Profile

(Get Free Report)

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail banking, wholesale banking, and asset management services. It offers current accounts; and demand, savings, overnight, time, term, and subordinated deposits. The company also provides loan products; deals in securities; leasing, factoring, brokerage, and asset management services; and manages pension and investment funds.

See Also

Earnings History for Banco Bilbao Vizcaya Argentaria (NYSE:BBVA)

Receive News & Ratings for Banco Bilbao Vizcaya Argentaria Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Bilbao Vizcaya Argentaria and related companies with MarketBeat.com's FREE daily email newsletter.