Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Short Interest Update

by · The Cerbat Gem

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA – Get Free Report) was the target of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 2,250,000 shares, a decline 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 days-to-cover ratio is currently 1.0 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. GAMMA Investing LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria by 19.7% in the fourth quarter. GAMMA Investing LLC now owns 10,866 shares of the bank’s stock worth $106,000 after purchasing an additional 1,792 shares in the last quarter. Cerity Partners LLC boosted its stake 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 worth $4,265,000 after acquiring an additional 106,869 shares in the last quarter. Savant Capital LLC increased its holdings 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 acquiring an additional 4,302 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 21.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 377,530 shares of the bank’s stock valued at $4,092,000 after acquiring an additional 65,852 shares in the last quarter. Finally, HB Wealth Management LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at approximately $124,000. Institutional investors and hedge funds own 2.96% of the company’s stock.

Banco Bilbao Vizcaya Argentaria Stock Up 4.1 %

Shares of NYSE:BBVA traded up $0.57 during midday trading on Friday, hitting $14.37. 2,516,240 shares of the stock were exchanged, compared to its average volume of 1,747,641. The business’s fifty day simple moving average is $12.08 and its two-hundred day simple moving average is $10.74. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01. Banco Bilbao Vizcaya Argentaria has a 52-week low of $9.23 and a 52-week high of $14.38. The company has a market capitalization of $83.86 billion, a PE ratio of 7.94, a P/E/G ratio of 0.80 and a beta of 1.26.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA – Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate 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, research analysts predict that Banco Bilbao Vizcaya Argentaria will post 1.59 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

Read Our Latest Research Report on BBVA

About Banco Bilbao Vizcaya Argentaria

(Get Free Report)

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.

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