Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Sets New 52-Week High - What's Next?

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $13.71 and last traded at $13.64, with a volume of 227278 shares. The stock had previously closed at $13.23.

Analyst Ratings Changes

BBVA has been the subject of several recent analyst reports. StockNews.com lowered shares of Banco Bilbao Vizcaya Argentaria from a "buy" rating to a "hold" rating in a research note on Thursday, February 27th. Hsbc Global Res upgraded shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 31st. Finally, Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Banco Bilbao Vizcaya Argentaria has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Trading Up 5.7 %

The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 0.27. The firm's 50 day moving average is $11.48 and its 200 day moving average is $10.57. The company has a market capitalization of $81.29 billion, a PE ratio of 7.69, a P/E/G ratio of 0.80 and a beta of 1.25.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share for the quarter, beating the consensus estimate 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%. As a group, equities analysts predict that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current year.

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

A number of hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC increased its position in shares of Banco Bilbao Vizcaya Argentaria by 19.7% during the 4th quarter. GAMMA Investing LLC now owns 10,866 shares of the bank's stock valued at $106,000 after purchasing an additional 1,792 shares during the last quarter. Cerity Partners LLC increased its position in shares of Banco Bilbao Vizcaya Argentaria by 37.3% during the 3rd quarter. Cerity Partners LLC now owns 393,458 shares of the bank's stock valued at $4,265,000 after purchasing an additional 106,869 shares during the last quarter. Savant Capital LLC increased its position in shares of Banco Bilbao Vizcaya Argentaria by 10.0% during the 4th quarter. Savant Capital LLC now owns 47,217 shares of the bank's stock valued at $459,000 after purchasing an additional 4,302 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Banco Bilbao Vizcaya Argentaria by 21.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 377,530 shares of the bank's stock valued at $4,092,000 after purchasing an additional 65,852 shares during the last quarter. Finally, HB Wealth Management LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria during the 4th quarter valued at approximately $124,000. Hedge funds and other institutional investors own 2.96% of the company's stock.

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.