Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA – Get Free Report) saw a large drop in short interest in February. As of February 28th, there was short interest totalling 2,250,000 shares, a drop of 26.9% from the February 13th total of 3,080,000 shares. Based on an average trading volume of 2,300,000 shares, the short-interest ratio is presently 1.0 days. Currently, 0.0% of the company’s stock are sold short.
Institutional Trading of Banco Bilbao Vizcaya Argentaria
Several hedge funds and other institutional investors have recently modified their holdings of the stock. HighPoint Advisor Group LLC boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 4.3% during the 4th quarter. HighPoint Advisor Group LLC now owns 20,975 shares of the bank’s stock worth $204,000 after buying an additional 862 shares during the period. IFP Advisors Inc boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 20.7% during the fourth quarter. IFP Advisors Inc now owns 5,420 shares of the bank’s stock worth $53,000 after acquiring an additional 930 shares during the period. Seven Mile Advisory boosted its stake in Banco Bilbao Vizcaya Argentaria by 4.7% in the 4th quarter. Seven Mile Advisory now owns 20,999 shares of the bank’s stock valued at $204,000 after purchasing an additional 950 shares during the period. AdvisorNet Financial Inc boosted its stake in Banco Bilbao Vizcaya Argentaria by 5.5% in the 4th 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 during the period. Finally, Chickasaw Capital Management LLC boosted its stake in Banco Bilbao Vizcaya Argentaria by 2.6% in the 4th 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 during the period. Institutional investors own 2.96% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on the company. StockNews.com cut Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday. 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, 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 equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.
Banco Bilbao Vizcaya Argentaria Stock Performance
Banco Bilbao Vizcaya Argentaria stock traded up $0.31 during midday trading on Tuesday, reaching $14.83. 4,814,543 shares of the company’s stock were exchanged, compared to its average volume of 1,761,638. 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 has a 52 week low of $9.23 and a 52 week high of $14.84. The stock’s 50-day simple moving average is $12.17 and its 200 day simple moving average is $10.77. The firm has a market cap of $86.55 billion, a price-to-earnings ratio of 8.19, a P/E/G ratio of 0.80 and a beta of 1.26.
Banco Bilbao Vizcaya Argentaria (NYSE:BBVA – Get Free Report) last issued its earnings results on Tuesday, February 4th. The bank reported $0.44 EPS 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%. On average, analysts expect that Banco Bilbao Vizcaya Argentaria will post 1.59 earnings per share for the current fiscal year.
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.
Further Reading
- Five stocks we like better than Banco Bilbao Vizcaya Argentaria
- Why Invest in 5G? How to Invest in 5G Stocks
- Arqit Stock Soars as NVIDIA’s GTC Fuels Quantum Excitement
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- 3 Must-Own Stocks to Build Wealth This Decade
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Advanced Micro Devices Eyes AI Market Growth—Is AMD a Buy?
Receive News & Ratings for Banco Bilbao Vizcaya Argentaria Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Bilbao Vizcaya Argentaria and related companies with MarketBeat.com's FREE daily email newsletter.