Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Downgraded to Hold Rating by StockNews.com

StockNews.com downgraded shares of Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) from a buy rating to a hold rating in a research note issued to investors on Friday morning.

Other research analysts also recently issued research reports about the stock. Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. Kepler Capital Markets raised shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Down 2.9 %

NYSE BBVA opened at $13.73 on Friday. The stock has a 50 day moving average price of $12.86 and a 200-day moving average price of $11.02. Banco Bilbao Vizcaya Argentaria has a one year low of $9.23 and a one year high of $14.84. The company has a market capitalization of $80.13 billion, a P/E ratio of 7.58, a P/E/G ratio of 0.80 and a beta of 1.26. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. As a group, equities analysts predict that Banco Bilbao Vizcaya Argentaria will post 1.59 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Friday, April 25th. Investors of record on Wednesday, April 9th will be paid a $0.4439 dividend. This is a positive change from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.11. The ex-dividend date is Wednesday, April 9th. This represents a yield of 4.3%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is 28.18%.

Institutional Trading of Banco Bilbao Vizcaya Argentaria

Large investors have recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans purchased a new stake in Banco Bilbao Vizcaya Argentaria in the third quarter valued at approximately $146,000. Charles Schwab Investment Management Inc. lifted its stake in Banco Bilbao Vizcaya Argentaria by 21.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 377,530 shares of the bank’s stock valued at $4,092,000 after acquiring an additional 65,852 shares during the period. Raymond James Trust N.A. purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 3rd quarter valued at $136,000. Cerity Partners LLC increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 37.3% in the third quarter. Cerity Partners LLC now owns 393,458 shares of the bank’s stock worth $4,265,000 after acquiring an additional 106,869 shares during the period. Finally, Bank of Montreal Can raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 6.8% during the third quarter. Bank of Montreal Can now owns 304,192 shares of the bank’s stock worth $3,367,000 after purchasing an additional 19,314 shares during the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

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.