Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Sees Strong Trading Volume

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) saw an uptick in trading volume on Monday . 654,277 shares changed hands during mid-day trading, a decline of 57% from the previous session’s volume of 1,519,438 shares.The stock last traded at $10.43 and had previously closed at $10.21.

Analyst Upgrades and Downgrades

BBVA has been the subject of a number of recent analyst reports. Citigroup upgraded Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a report on Friday, August 9th. BNP Paribas lowered shares of Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research note on Wednesday, June 12th. Finally, Royal Bank of Canada upgraded shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a report on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, two have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Down 0.8 %

The company has a market cap of $60.63 billion, a PE ratio of 7.06, a price-to-earnings-growth ratio of 1.00 and a beta of 1.32. The firm has a 50 day simple moving average of $10.23 and a 200-day simple moving average of $10.58.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its quarterly earnings data on Thursday, August 1st. The bank reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.03. The firm had revenue of $9.93 billion for the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 27.55% and a return on equity of 22.05%. During the same period in the previous year, the firm earned $0.36 EPS. As a group, equities analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.65 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. BSW Wealth Partners increased its position in shares of Banco Bilbao Vizcaya Argentaria by 4.2% in the 1st quarter. BSW Wealth Partners now owns 23,158 shares of the bank’s stock valued at $274,000 after acquiring an additional 923 shares during the period. Signaturefd LLC increased its holdings in shares of Banco Bilbao Vizcaya Argentaria by 0.9% in the second quarter. Signaturefd LLC now owns 109,672 shares of the bank’s stock valued at $1,100,000 after purchasing an additional 993 shares during the period. GAMMA Investing LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 20.9% in the first quarter. GAMMA Investing LLC now owns 5,754 shares of the bank’s stock worth $68,000 after purchasing an additional 996 shares during the last quarter. Moloney Securities Asset Management LLC lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 6.6% during the first quarter. Moloney Securities Asset Management LLC now owns 16,192 shares of the bank’s stock worth $192,000 after purchasing an additional 1,000 shares during the period. Finally, Optas LLC boosted its position in Banco Bilbao Vizcaya Argentaria by 6.0% in the second quarter. Optas LLC now owns 18,708 shares of the bank’s stock valued at $188,000 after buying an additional 1,053 shares during the last quarter. 2.96% of the stock is currently 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.