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

Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVAGet Free Report) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 1,052,592 shares, a decrease of 46.0% from the April 30th total of 1,951,015 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,339,588 shares, the short-interest ratio is currently 0.8 days.

Banco Bilbao Viscaya Argentaria Stock Performance

Shares of NYSE:BBVA traded up $0.09 during midday trading on Tuesday, hitting $23.26. 1,120,614 shares of the stock were exchanged, compared to its average volume of 1,358,867. Banco Bilbao Viscaya Argentaria has a 52-week low of $14.63 and a 52-week high of $26.20. The business’s fifty day simple moving average is $22.20 and its two-hundred day simple moving average is $22.66. The company has a market capitalization of $132.77 billion, a PE ratio of 11.07, a P/E/G ratio of 0.61 and a beta of 0.81.

Banco Bilbao Viscaya Argentaria (NYSE:BBVAGet Free Report) last announced its quarterly earnings data on Tuesday, March 31st. The bank reported $0.59 earnings per share (EPS) for the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 17.65% and a net margin of 28.21%.The business had revenue of $12.33 billion during the quarter. As a group, equities analysts anticipate that Banco Bilbao Viscaya Argentaria will post 2.26 EPS for the current year.

Hedge Funds Weigh In On Banco Bilbao Viscaya Argentaria

Hedge funds have recently bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. acquired a new position in Banco Bilbao Viscaya Argentaria during the third quarter worth $2,478,000. Archford Capital Strategies LLC acquired a new position in Banco Bilbao Viscaya Argentaria during the fourth quarter worth $3,286,000. JPMorgan Chase & Co. increased its position in Banco Bilbao Viscaya Argentaria by 6.5% during the third quarter. JPMorgan Chase & Co. now owns 4,846,150 shares of the bank’s stock worth $93,288,000 after buying an additional 297,752 shares during the last quarter. Rathbones Group PLC increased its position in Banco Bilbao Viscaya Argentaria by 250.8% during the third quarter. Rathbones Group PLC now owns 246,151 shares of the bank’s stock worth $4,738,000 after buying an additional 175,976 shares during the last quarter. Finally, Caprock Group LLC acquired a new position in Banco Bilbao Viscaya Argentaria during the third quarter worth $3,114,000. 2.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Zacks Research lowered Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Wall Street Zen lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings lowered Banco Bilbao Viscaya Argentaria from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th. Barclays lowered Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Finally, UBS Group reiterated a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a report on Monday, April 20th. One research analyst has rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold”.

Read Our Latest Research Report on BBVA

About Banco Bilbao Viscaya Argentaria

(Get Free Report)

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) is a Spanish multinational financial services group headquartered in Bilbao, Spain. The bank traces its roots to several historic regional banks and was formed through a series of mergers that consolidated its position as one of Spain’s largest banking groups. BBVA operates as a universal bank offering a broad range of financial services to retail, corporate and institutional clients.

BBVA’s core businesses include retail and commercial banking, corporate and investment banking, private banking and wealth management, asset management, and insurance.

Featured Articles

Receive News & Ratings for Banco Bilbao Viscaya Argentaria Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Bilbao Viscaya Argentaria and related companies with MarketBeat.com's FREE daily email newsletter.