Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Shares Gap Down – What’s Next?

Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) gapped down before the market opened on Wednesday . The stock had previously closed at $14.83, but opened at $14.50. Banco Bilbao Vizcaya Argentaria shares last traded at $14.54, with a volume of 160,553 shares traded.

Wall Street Analysts Forecast Growth

BBVA has been the topic of a number of research analyst reports. Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research report on Thursday, February 27th. StockNews.com lowered Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Hsbc Global Res raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a report on Friday, January 31st. One analyst has rated the stock with a sell rating, three have given a hold rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

The company’s 50-day simple moving average is $12.26 and its 200-day simple moving average is $10.80. The stock has a market capitalization of $84.91 billion, a price-to-earnings ratio of 8.03, a PEG ratio of 0.80 and a beta of 1.25. The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 earnings per share 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%. On average, analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current year.

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Brooklyn Investment Group increased its position in Banco Bilbao Vizcaya Argentaria by 120.7% during the 4th quarter. Brooklyn Investment Group now owns 3,540 shares of the bank’s stock valued at $34,000 after purchasing an additional 1,936 shares during the period. Huntington National Bank raised its stake in Banco Bilbao Vizcaya Argentaria by 96.7% during the fourth quarter. Huntington National Bank now owns 3,616 shares of the bank’s stock worth $35,000 after buying an additional 1,778 shares during the last quarter. Avion Wealth acquired a new position in Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at $39,000. Barclays PLC acquired a new stake in Banco Bilbao Vizcaya Argentaria during the 3rd quarter worth about $41,000. Finally, Sierra Ocean LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter worth about $49,000. 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.