Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Hits New 1-Year High - Time to Buy?

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Get Free Report)'s share price reached a new 52-week high on Monday . The stock traded as high as $13.07 and last traded at $13.00, with a volume of 1576978 shares traded. The stock had previously closed at $12.69.

Analysts Set New Price Targets

BBVA has been the subject of several analyst reports. 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. Kepler Capital Markets raised Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a research report on Thursday. 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, two have assigned a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company 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 $11.11 and its 200 day moving average is $10.45. The company has a market cap of $78.26 billion, a P/E ratio of 7.41, a PEG ratio of 0.80 and a beta of 1.27.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last issued its earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate 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 Investors Weigh In On Banco Bilbao Vizcaya Argentaria

Several institutional investors have recently added to or reduced their stakes in BBVA. Brooklyn Investment Group raised 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 during the period. Huntington National Bank raised 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 acquiring an additional 1,778 shares during the period. Avion Wealth purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter worth $39,000. Barclays PLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the third quarter worth $41,000. Finally, Sierra Ocean LLC purchased a new position in shares of Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at $49,000. 2.96% of the stock is owned by hedge funds and other 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.