Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Sets New 12-Month High – Time to Buy?

Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) hit a new 52-week high during trading on Monday . The stock traded as high as $13.71 and last traded at $13.64, with a volume of 227278 shares changing hands. The stock had previously closed at $13.23.

Analyst Ratings Changes

Several research firms recently weighed in on BBVA. StockNews.com cut shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Thursday, February 27th. Kepler Capital Markets raised shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research report on Thursday, February 27th. 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 research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Price Performance

The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16. The business’s fifty day moving average is $11.40 and its 200 day moving average is $10.55. The company has a market cap of $81.29 billion, a P/E ratio of 7.69, a PEG ratio of 0.80 and a beta of 1.25.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 EPS 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%. As a group, sell-side analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Brooklyn Investment Group grew its position in shares of Banco Bilbao Vizcaya Argentaria by 120.7% in the fourth 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 in the last quarter. Huntington National Bank grew its holdings in Banco Bilbao Vizcaya Argentaria by 96.7% during the 4th quarter. Huntington National Bank now owns 3,616 shares of the bank’s stock valued at $35,000 after buying an additional 1,778 shares in the last quarter. Avion Wealth bought a new stake in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at about $39,000. Barclays PLC purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria in the third quarter worth about $41,000. Finally, Sierra Ocean LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at approximately $49,000. 2.96% of the stock is 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.