Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Receives Average Rating of “Hold” from Brokerages

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) has been given an average recommendation of “Hold” by the three brokerages that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and one has issued a strong buy recommendation on the company.

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Signaturefd LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 0.9% during the 2nd quarter. Signaturefd LLC now owns 109,672 shares of the bank’s stock worth $1,100,000 after buying an additional 993 shares during the period. Optas LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 6.0% during the second quarter. Optas LLC now owns 18,708 shares of the bank’s stock valued at $188,000 after acquiring an additional 1,053 shares in the last quarter. Traveka Wealth LLC increased its position in shares of Banco Bilbao Vizcaya Argentaria by 10.0% during the second quarter. Traveka Wealth LLC now owns 12,751 shares of the bank’s stock worth $128,000 after acquiring an additional 1,156 shares during the last quarter. Baron Wealth Management LLC lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 4.8% in the third quarter. Baron Wealth Management LLC now owns 25,236 shares of the bank’s stock worth $274,000 after acquiring an additional 1,166 shares in the last quarter. Finally, Chickasaw Capital Management LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria by 2.9% in the second quarter. Chickasaw Capital Management LLC now owns 42,654 shares of the bank’s stock valued at $428,000 after purchasing an additional 1,207 shares during the last quarter. 2.96% of the stock is owned by institutional investors and hedge funds.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of NYSE:BBVA opened at $10.11 on Friday. The stock has a 50-day simple moving average of $9.93 and a 200-day simple moving average of $10.22. The stock has a market capitalization of $58.99 billion, a P/E ratio of 5.81, a PEG ratio of 0.95 and a beta of 1.28. Banco Bilbao Vizcaya Argentaria has a 1 year low of $8.63 and a 1 year high of $12.20.

Banco Bilbao Vizcaya Argentaria Increases Dividend

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

Banco Bilbao Vizcaya Argentaria Company Profile

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.