Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Sees Large Volume Increase – What’s Next?

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) shares saw strong trading volume on Thursday . 4,688,702 shares traded hands during trading, an increase of 108% from the previous session’s volume of 2,257,886 shares.The stock last traded at $14.16 and had previously closed at $13.93.

Analyst Ratings Changes

A number of brokerages recently weighed in on BBVA. 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 note on Thursday, February 27th. Finally, StockNews.com cut shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Trading Down 0.2 %

The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16. The stock has a market capitalization of $81.14 billion, a price-to-earnings ratio of 7.68, a PEG ratio of 0.80 and a beta of 1.25. The company’s 50-day moving average is $11.48 and its 200-day moving average is $10.57.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 earnings per share for the quarter, topping the consensus estimate 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%. Research analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current fiscal year.

Institutional Trading of Banco Bilbao Vizcaya Argentaria

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Symmetry Investments LP purchased a new position in Banco Bilbao Vizcaya Argentaria during the fourth quarter worth about $27,647,000. Northern Trust Corp increased its holdings in Banco Bilbao Vizcaya Argentaria by 48.6% in the 4th quarter. Northern Trust Corp now owns 7,418,877 shares of the bank’s stock valued at $72,111,000 after purchasing an additional 2,424,880 shares during the last quarter. Millennium Management LLC raised its position in Banco Bilbao Vizcaya Argentaria by 514.5% in the fourth quarter. Millennium Management LLC now owns 951,350 shares of the bank’s stock valued at $9,247,000 after purchasing an additional 796,526 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter worth $7,333,000. Finally, Bank of America Corp DE raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 13.7% in the 4th quarter. Bank of America Corp DE now owns 5,108,410 shares of the bank’s stock valued at $49,654,000 after buying an additional 613,563 shares during the period. 2.96% of the stock is owned by institutional investors and hedge funds.

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.