Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Short Interest Update

Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 2,411,115 shares, an increase of 59.6% from the December 31st total of 1,510,457 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 1,999,294 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily trading volume, of 1,999,294 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.0% of the company’s shares are short sold.

Banco Bilbao Viscaya Argentaria Price Performance

Shares of Banco Bilbao Viscaya Argentaria stock traded up $0.41 during trading hours on Monday, hitting $25.83. The company’s stock had a trading volume of 438,009 shares, compared to its average volume of 1,733,731. Banco Bilbao Viscaya Argentaria has a 12 month low of $10.77 and a 12 month high of $26.14. The company has a market capitalization of $148.86 billion, a PE ratio of 13.53, a price-to-earnings-growth ratio of 0.88 and a beta of 0.82. The stock has a 50 day moving average of $23.30 and a 200 day moving average of $20.34.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its quarterly earnings data on Thursday, October 30th. The bank reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.01. Banco Bilbao Viscaya Argentaria had a return on equity of 17.07% and a net margin of 28.58%.The business had revenue of $10.59 billion during the quarter, compared to analyst estimates of $10.47 billion. Equities analysts expect that Banco Bilbao Viscaya Argentaria will post 1.59 EPS for the current year.

Hedge Funds Weigh In On Banco Bilbao Viscaya Argentaria

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BBVA. Bank of America Corp DE raised its stake in shares of Banco Bilbao Viscaya Argentaria by 28.0% in the 2nd quarter. Bank of America Corp DE now owns 9,288,196 shares of the bank’s stock valued at $142,760,000 after purchasing an additional 2,034,318 shares during the period. Capital International Investors lifted its stake in Banco Bilbao Viscaya Argentaria by 0.6% in the 3rd quarter. Capital International Investors now owns 6,616,619 shares of the bank’s stock valued at $125,914,000 after acquiring an additional 40,320 shares in the last quarter. Clark Capital Management Group Inc. boosted its position in Banco Bilbao Viscaya Argentaria by 2.0% during the 3rd quarter. Clark Capital Management Group Inc. now owns 5,755,246 shares of the bank’s stock worth $110,788,000 after acquiring an additional 113,250 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Banco Bilbao Viscaya Argentaria by 6.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,846,150 shares of the bank’s stock worth $93,288,000 after acquiring an additional 297,752 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Banco Bilbao Viscaya Argentaria by 17.1% in the second quarter. Envestnet Asset Management Inc. now owns 4,375,294 shares of the bank’s stock valued at $67,247,000 after purchasing an additional 637,519 shares during the last quarter. 2.96% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, December 29th. Zacks Research raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. Morgan Stanley began coverage on Banco Bilbao Viscaya Argentaria in a research note on Tuesday, October 21st. They set an “equal weight” rating for the company. Wall Street Zen downgraded Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Royal Bank Of Canada cut Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) is a Spanish multinational financial services group headquartered in Bilbao, Spain. The bank traces its roots to several historic regional banks and was formed through a series of mergers that consolidated its position as one of Spain’s largest banking groups. BBVA operates as a universal bank offering a broad range of financial services to retail, corporate and institutional clients.

BBVA’s core businesses include retail and commercial banking, corporate and investment banking, private banking and wealth management, asset management, and insurance.