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

Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 2,565,508 shares traded hands during mid-day trading, an increase of 21% from the previous session's volume of 2,121,274 shares.The stock last traded at $11.70 and had previously closed at $11.53.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "buy" rating in a research note on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Stock Down 2.4 %

The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16. The business has a 50-day simple moving average of $10.17 and a two-hundred day simple moving average of $10.20. The stock has a market capitalization of $64.61 billion, a P/E ratio of 6.11, a PEG ratio of 0.71 and a beta of 1.27.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last announced its earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share (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%. Equities research analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current fiscal year.

Institutional Trading of Banco Bilbao Vizcaya Argentaria

Several hedge funds have recently modified their holdings of BBVA. AQR Capital Management LLC increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 35.6% in the 2nd quarter. AQR Capital Management LLC now owns 42,258 shares of the bank's stock valued at $424,000 after buying an additional 11,100 shares during the period. NewEdge Advisors LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria by 198.3% in the second quarter. NewEdge Advisors LLC now owns 91,450 shares of the bank's stock valued at $917,000 after acquiring an additional 60,797 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in Banco Bilbao Vizcaya Argentaria in the second quarter worth about $520,000. Truist Financial Corp raised its holdings in Banco Bilbao Vizcaya Argentaria by 0.4% during the 2nd quarter. Truist Financial Corp now owns 373,859 shares of the bank's stock worth $3,750,000 after purchasing an additional 1,531 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in Banco Bilbao Vizcaya Argentaria by 40.2% during the 2nd quarter. Cetera Investment Advisers now owns 154,015 shares of the bank's stock valued at $1,545,000 after purchasing an additional 44,131 shares during the period. 2.96% of the stock is owned by institutional investors.

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.