Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Get Free Report) has earned an average rating of "Moderate Buy" from the four ratings firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company.

BBVA has been the subject of a number of research reports. Royal Bank of Canada upgraded Banco Bilbao Vizcaya Argentaria to a "moderate buy" rating in a research report on Wednesday, July 31st. Citigroup upgraded shares of Banco Bilbao Vizcaya Argentaria to a "strong-buy" rating in a report on Friday, August 9th. Finally, StockNews.com lowered shares of Banco Bilbao Vizcaya Argentaria from a "buy" rating to a "hold" rating in a research report on Monday.

Institutional Investors Weigh In On Banco Bilbao Vizcaya Argentaria

A number of institutional investors have recently modified their holdings of the stock. Signaturefd LLC lifted its holdings in Banco Bilbao Vizcaya Argentaria by 0.9% in the second quarter. Signaturefd LLC now owns 109,672 shares of the bank's stock worth $1,100,000 after acquiring an additional 993 shares during the last quarter. Optas LLC boosted its position in Banco Bilbao Vizcaya Argentaria by 6.0% during the 2nd quarter. Optas LLC now owns 18,708 shares of the bank's stock valued at $188,000 after purchasing an additional 1,053 shares during the period. Traveka Wealth LLC grew its stake in Banco Bilbao Vizcaya Argentaria by 10.0% during the 2nd quarter. Traveka Wealth LLC now owns 12,751 shares of the bank's stock worth $128,000 after buying an additional 1,156 shares during the last quarter. Chickasaw Capital Management LLC increased its position 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 worth $428,000 after buying an additional 1,207 shares during the period. Finally, Orion Portfolio Solutions LLC lifted its stake in Banco Bilbao Vizcaya Argentaria by 1.5% in the first quarter. Orion Portfolio Solutions LLC now owns 82,947 shares of the bank's stock valued at $982,000 after buying an additional 1,217 shares during the last quarter. Institutional investors and hedge funds own 2.96% of the company's stock.

Banco Bilbao Vizcaya Argentaria Price Performance

Shares of BBVA stock traded up $0.24 during trading hours on Monday, reaching $10.33. 1,467,085 shares of the company's stock were exchanged, compared to its average volume of 1,466,557. The company's 50 day moving average is $10.28 and its two-hundred day moving average is $10.41. Banco Bilbao Vizcaya Argentaria has a 1 year low of $8.18 and a 1 year high of $12.20. The company has a market cap of $60.31 billion, a P/E ratio of 5.94, a price-to-earnings-growth ratio of 0.98 and a beta of 1.31.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently announced a Semi-Annual dividend, which was paid on Friday, October 25th. Stockholders of record on Wednesday, October 9th were given a dividend of $0.3244 per share. 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%. The ex-dividend date was Wednesday, October 9th. Banco Bilbao Vizcaya Argentaria's payout ratio is presently 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.

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