Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Sees Strong Trading Volume – Time to Buy?

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) shares saw strong trading volume on Thursday . 4,688,702 shares were traded during mid-day trading, an increase of 108% from the previous session’s volume of 2,257,886 shares.The stock last traded at $14.16 and had previously closed at $13.93.

Wall Street Analyst Weigh In

A number of research firms have issued reports on BBVA. Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a 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 Thursday, February 27th. Finally, Hsbc Global Res upgraded 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 assigned a hold rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Down 0.2 %

The firm’s fifty day simple moving average is $11.48 and its 200 day simple moving average is $10.57. 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 company has a market cap of $81.14 billion, a price-to-earnings ratio of 7.68, a PEG ratio of 0.80 and a beta of 1.25.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its earnings results on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, topping analysts’ consensus estimates 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%. Sell-side analysts predict that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current year.

Institutional Trading of Banco Bilbao Vizcaya Argentaria

Hedge funds and other institutional investors have recently made changes to their positions in the company. HighPoint Advisor Group LLC grew its position in 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 worth $204,000 after buying an additional 862 shares during the period. IFP Advisors Inc increased its stake in Banco Bilbao Vizcaya Argentaria by 20.7% in the 4th 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 increased 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 in the last quarter. AdvisorNet Financial Inc raised its holdings 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 worth $205,000 after purchasing an additional 1,100 shares during the last quarter. Finally, Chickasaw Capital Management LLC boosted 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 worth $425,000 after purchasing an additional 1,115 shares in the last quarter. Hedge funds and other institutional investors own 2.96% of the company’s stock.

About Banco Bilbao Vizcaya Argentaria

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.