Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Sees Large Volume Increase – Here’s Why

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) saw unusually-strong trading volume on Thursday . Approximately 6,722,927 shares traded hands during trading, an increase of 152% from the previous session’s volume of 2,669,179 shares.The stock last traded at $13.77 and had previously closed at $13.96.

Analyst Ratings Changes

Several equities research analysts recently issued reports on BBVA shares. 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. StockNews.com downgraded shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, 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. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

The company has a market capitalization of $83.86 billion, a price-to-earnings ratio of 7.94, a price-to-earnings-growth 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. The company’s fifty day simple moving average is $12.08 and its two-hundred day simple moving average is $10.74.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced 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 net margin of 28.10% and a return on equity of 17.49%. Equities research analysts predict 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 made changes to their positions in BBVA. HighPoint Advisor Group LLC raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 4.3% during the fourth quarter. HighPoint Advisor Group LLC now owns 20,975 shares of the bank’s stock valued at $204,000 after acquiring an additional 862 shares during the period. IFP Advisors Inc grew its position in Banco Bilbao Vizcaya Argentaria by 20.7% during the fourth quarter. IFP Advisors Inc now owns 5,420 shares of the bank’s stock valued at $53,000 after purchasing an additional 930 shares in the last quarter. Seven Mile Advisory grew its position in Banco Bilbao Vizcaya Argentaria by 4.7% during the fourth quarter. Seven Mile Advisory now owns 20,999 shares of the bank’s stock valued at $204,000 after purchasing an additional 950 shares in the last quarter. AdvisorNet Financial Inc grew its position in Banco Bilbao Vizcaya Argentaria by 5.5% during the fourth quarter. AdvisorNet Financial Inc now owns 21,044 shares of the bank’s stock valued at $205,000 after purchasing an additional 1,100 shares in the last quarter. Finally, Chickasaw Capital Management LLC grew its position in Banco Bilbao Vizcaya Argentaria by 2.6% during the fourth quarter. Chickasaw Capital Management LLC now owns 43,769 shares of the bank’s stock valued at $425,000 after purchasing an additional 1,115 shares in 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.