Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Sees Unusually-High Trading Volume – Should You Buy?

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) saw strong trading volume on Monday . 4,470,003 shares were traded during trading, an increase of 231% from the previous session’s volume of 1,348,723 shares.The stock last traded at $10.39 and had previously closed at $10.11.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Price Performance

The firm’s 50 day simple moving average is $9.81 and its 200-day simple moving average is $10.14. The company has a market cap of $62.64 billion, a price-to-earnings ratio of 6.17, a P/E/G ratio of 0.98 and a beta of 1.27.

Institutional Trading of Banco Bilbao Vizcaya Argentaria

A number of large investors have recently made changes to their positions in the company. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 43.3% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 189,147 shares of the bank’s stock valued at $1,839,000 after acquiring an additional 57,122 shares during the period. Apella Capital LLC purchased a new stake in Banco Bilbao Vizcaya Argentaria in the 4th quarter valued at $176,000. Park Avenue Securities LLC boosted its stake in Banco Bilbao Vizcaya Argentaria by 21.4% during the 4th quarter. Park Avenue Securities LLC now owns 241,672 shares of the bank’s stock worth $2,349,000 after purchasing an additional 42,674 shares during the period. Kathmere Capital Management LLC grew its position in Banco Bilbao Vizcaya Argentaria by 10.3% during the 4th quarter. Kathmere Capital Management LLC now owns 44,743 shares of the bank’s stock worth $435,000 after purchasing an additional 4,169 shares during the last quarter. Finally, Wallace Advisory Group LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 31.2% in the fourth quarter. Wallace Advisory Group LLC now owns 18,771 shares of the bank’s stock valued at $182,000 after purchasing an additional 4,460 shares during the period. 2.96% of the stock is owned by institutional investors and hedge funds.

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.