Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Sees Unusually-High Trading Volume - Still a Buy?

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Get Free Report) saw an uptick in trading volume on Thursday . 6,722,927 shares were traded during mid-day trading, an increase of 152% from the previous session's volume of 2,669,179 shares.The stock last traded at $13.77 and had previously closed at $13.96.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on BBVA. Hsbc Global Res raised Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 31st. StockNews.com downgraded Banco Bilbao Vizcaya Argentaria from a "buy" rating to a "hold" rating in a research note on Saturday. Finally, Kepler Capital Markets raised Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a research note on Thursday, February 27th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Trading Up 0.9 %

The business has a fifty day simple moving average of $12.08 and a 200 day simple moving average of $10.75. The stock has a market cap of $84.44 billion, a price-to-earnings ratio of 7.99, a PEG ratio of 0.80 and a beta of 1.26. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01.

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Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last announced its 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, equities 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 hedge funds have recently made changes to their positions in BBVA. Symmetry Investments LP acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter worth $27,647,000. Northern Trust Corp boosted its holdings in shares of 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 purchasing an additional 2,424,880 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 514.5% during the fourth quarter. Millennium Management LLC now owns 951,350 shares of the bank's stock worth $9,247,000 after purchasing an additional 796,526 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter worth $7,333,000. Finally, Bank of America Corp DE boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 13.7% during the fourth quarter. Bank of America Corp DE now owns 5,108,410 shares of the bank's stock worth $49,654,000 after purchasing an additional 613,563 shares during the last quarter. Institutional investors and hedge funds 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.