Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Sees Large Volume Increase

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVAGet Free Report) saw unusually-strong trading volume on Wednesday . Approximately 3,009,956 shares traded hands during trading, an increase of 138% from the previous session’s volume of 1,262,149 shares.The stock last traded at $10.53 and had previously closed at $10.24.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods upgraded Banco Bilbao Vizcaya Argentaria from a “market perform” rating to an “outperform” rating in a report on Monday, December 4th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

View Our Latest Research Report on Banco Bilbao Vizcaya Argentaria

Banco Bilbao Vizcaya Argentaria Stock Up 2.8 %

The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.02 and a current ratio of 1.03. The firm has a fifty day simple moving average of $9.52 and a 200-day simple moving average of $8.75. The company has a market capitalization of $64.70 billion, a PE ratio of 7.80, a P/E/G ratio of 0.58 and a beta of 1.31.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVAGet Free Report) last posted its quarterly earnings data on Monday, January 29th. The bank reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.02. The company had revenue of $8.01 billion for the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 14.85% and a net margin of 27.15%. Equities research analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.54 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. O Shaughnessy Asset Management LLC boosted its position in Banco Bilbao Vizcaya Argentaria by 25.8% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 1,293,271 shares of the bank’s stock valued at $10,411,000 after purchasing an additional 265,431 shares during the period. FMR LLC boosted its position in Banco Bilbao Vizcaya Argentaria by 1.7% during the 3rd quarter. FMR LLC now owns 5,763,182 shares of the bank’s stock valued at $46,394,000 after purchasing an additional 95,671 shares during the period. Lake Street Advisors Group LLC boosted its position in Banco Bilbao Vizcaya Argentaria by 5.9% during the 2nd quarter. Lake Street Advisors Group LLC now owns 68,800 shares of the bank’s stock valued at $528,000 after purchasing an additional 3,845 shares during the period. Citigroup Inc. boosted its position in Banco Bilbao Vizcaya Argentaria by 7.4% during the 3rd quarter. Citigroup Inc. now owns 151,163 shares of the bank’s stock valued at $1,217,000 after purchasing an additional 10,437 shares during the period. Finally, Pathstone Family Office LLC acquired a new position in Banco Bilbao Vizcaya Argentaria during the 3rd quarter valued at approximately $151,000. Institutional investors and hedge funds own 2.83% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Company Profile

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Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail banking, wholesale banking, and asset management services. It offers current accounts; and demand, savings, overnight, time, term, and subordinated deposits. The company also provides loan products; deals in securities; leasing, factoring, brokerage, and asset management services; and manages pension and investment funds.

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