Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Downgraded to “Equal Weight” at Barclays

Barclays cut shares of Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) from an overweight rating to an equal weight rating in a research report sent to investors on Monday, Marketbeat.com reports.

Separately, Keefe, Bruyette & Woods raised shares of Banco Bilbao Vizcaya Argentaria from a market perform rating to an outperform rating in a research note on Monday, December 4th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of Moderate Buy.

Banco Bilbao Vizcaya Argentaria Trading Down 0.1 %

BBVA opened at $11.84 on Monday. The company has a market cap of $70.60 billion, a P/E ratio of 8.51, a price-to-earnings-growth ratio of 0.64 and a beta of 1.31. The company has a fifty day moving average price of $10.16 and a two-hundred day moving average price of $9.11. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.24. Banco Bilbao Vizcaya Argentaria has a 1-year low of $6.47 and a 1-year high of $12.00.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings data on Monday, January 29th. The bank reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.02. Banco Bilbao Vizcaya Argentaria had a return on equity of 14.85% and a net margin of 27.15%. The firm had revenue of $8.01 billion during the quarter. Analysts predict that Banco Bilbao Vizcaya Argentaria will post 1.54 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Thursday, April 25th. Investors of record on Tuesday, April 9th will be issued a dividend of $0.1695 per share. The ex-dividend date of this dividend is Monday, April 8th. This represents a yield of 4.3%. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.17. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is 19.42%.

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

Several large investors have recently bought and sold shares of the stock. Parallel Advisors LLC raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 8.2% in the fourth quarter. Parallel Advisors LLC now owns 14,111 shares of the bank’s stock valued at $129,000 after purchasing an additional 1,065 shares during the last quarter. Dorsey & Whitney Trust CO LLC boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 2.1% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 51,444 shares of the bank’s stock worth $469,000 after buying an additional 1,072 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Banco Bilbao Vizcaya Argentaria by 0.7% during the third quarter. Ameriprise Financial Inc. now owns 169,872 shares of the bank’s stock valued at $1,367,000 after acquiring an additional 1,261 shares during the last quarter. BSW Wealth Partners lifted its holdings in Banco Bilbao Vizcaya Argentaria by 6.2% during the fourth quarter. BSW Wealth Partners now owns 22,235 shares of the bank’s stock worth $203,000 after acquiring an additional 1,289 shares during the period. Finally, Janiczek Wealth Management LLC boosted its position in Banco Bilbao Vizcaya Argentaria by 6.4% in the third quarter. Janiczek Wealth Management LLC now owns 22,609 shares of the bank’s stock worth $182,000 after purchasing an additional 1,355 shares during the last quarter. 2.96% of the stock is currently owned by institutional investors.

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.