Short Interest in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Decreases By 26.9%

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Get Free Report) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 2,250,000 shares, a drop of 26.9% from the February 13th total of 3,080,000 shares. Based on an average trading volume of 2,300,000 shares, the short-interest ratio is presently 1.0 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Several research firms recently commented on BBVA. StockNews.com lowered Banco Bilbao Vizcaya Argentaria from a "buy" rating to a "hold" rating in a report on Saturday, March 15th. Kepler Capital Markets raised Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a report on Thursday, February 27th. Finally, Hsbc Global Res raised Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "strong-buy" rating in a report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy".

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

A number of hedge funds have recently bought and sold shares of the business. Atria Investments Inc lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 17.1% in the third quarter. Atria Investments Inc now owns 171,813 shares of the bank's stock valued at $1,862,000 after acquiring an additional 25,093 shares in the last quarter. Axxcess Wealth Management LLC purchased a new position in shares of Banco Bilbao Vizcaya Argentaria in the third quarter valued at approximately $113,000. Aptus Capital Advisors LLC lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 17.9% in the third quarter. Aptus Capital Advisors LLC now owns 18,644 shares of the bank's stock valued at $202,000 after acquiring an additional 2,827 shares in the last quarter. OneDigital Investment Advisors LLC lifted its position in Banco Bilbao Vizcaya Argentaria by 65.6% during the third quarter. OneDigital Investment Advisors LLC now owns 33,156 shares of the bank's stock worth $359,000 after buying an additional 13,134 shares in the last quarter. Finally, Thrivent Financial for Lutherans purchased a new position in Banco Bilbao Vizcaya Argentaria during the third quarter worth approximately $146,000. Hedge funds and other institutional investors own 2.96% of the company's stock.

Remove Ads

Banco Bilbao Vizcaya Argentaria Price Performance

BBVA stock traded down $0.34 during mid-day trading on Thursday, reaching $14.16. 2,021,970 shares of the company's stock were exchanged, compared to its average volume of 1,781,100. The company has a market cap of $82.64 billion, a price-to-earnings ratio of 7.82, a price-to-earnings-growth ratio of 0.80 and a beta of 1.25. The stock's 50 day moving average is $12.35 and its 200 day moving average is $10.83. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 0.27. Banco Bilbao Vizcaya Argentaria has a 12-month low of $9.23 and a 12-month high of $14.84.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last issued its quarterly 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 return on equity of 17.49% and a net margin of 28.10%. On average, research analysts expect that Banco Bilbao Vizcaya Argentaria will post 1.59 EPS for the current year.

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.