Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Hits New 12-Month High – What’s Next?

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $12.89 and last traded at $12.89, with a volume of 20585 shares. The stock had previously closed at $12.63.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. StockNews.com upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. Hsbc Global Res upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Up 1.9 %

The firm has a market capitalization of $75.16 billion, a price-to-earnings ratio of 7.11, a price-to-earnings-growth ratio of 0.76 and a beta of 1.27. The business has a 50 day moving average of $10.70 and a 200 day moving average of $10.30. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 0.27.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 1.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 11,481,085 shares of the bank’s stock worth $111,596,000 after buying an additional 163,044 shares in the last quarter. Northern Trust Corp raised its stake in Banco Bilbao Vizcaya Argentaria by 48.6% during the fourth quarter. Northern Trust Corp now owns 7,418,877 shares of the bank’s stock worth $72,111,000 after acquiring an additional 2,424,880 shares in the last quarter. FMR LLC lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 5.7% during the third quarter. FMR LLC now owns 6,370,344 shares of the bank’s stock valued at $69,055,000 after acquiring an additional 344,355 shares during the period. Bank of America Corp DE boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 13.7% in the 4th quarter. Bank of America Corp DE now owns 5,108,410 shares of the bank’s stock valued at $49,654,000 after purchasing an additional 613,563 shares in the last quarter. Finally, Symmetry Investments LP bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter worth about $27,647,000. Institutional investors own 2.96% of the company’s stock.

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.