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

Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) saw an uptick in trading volume on Thursday . 2,565,508 shares were traded during mid-day trading, an increase of 21% from the previous session’s volume of 2,121,274 shares.The stock last traded at $11.70 and had previously closed at $11.53.

Analyst Ratings Changes

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

Banco Bilbao Vizcaya Argentaria Stock Performance

The firm has a 50 day moving average of $10.17 and a two-hundred day moving average of $10.21. The stock has a market cap of $66.23 billion, a P/E ratio of 6.52, a P/E/G ratio of 0.73 and a beta of 1.27.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a net margin of 28.55% and a return on equity of 17.13%. On average, sell-side analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.68 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. GAMMA Investing LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 19.7% during the fourth quarter. GAMMA Investing LLC now owns 10,866 shares of the bank’s stock valued at $106,000 after acquiring an additional 1,792 shares during the period. Mediolanum International Funds Ltd bought a new stake in shares of Banco Bilbao Vizcaya Argentaria during the third quarter valued at approximately $2,297,000. Sanctuary Advisors LLC bought a new position in Banco Bilbao Vizcaya Argentaria in the second quarter worth $577,000. Cerity Partners LLC boosted its stake in Banco Bilbao Vizcaya Argentaria by 37.3% during the third quarter. Cerity Partners LLC now owns 393,458 shares of the bank’s stock worth $4,265,000 after buying an additional 106,869 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in Banco Bilbao Vizcaya Argentaria by 198.3% in the 2nd quarter. NewEdge Advisors LLC now owns 91,450 shares of the bank’s stock valued at $917,000 after buying an additional 60,797 shares during the period. Institutional investors and hedge funds own 2.96% of the company’s stock.

About Banco Bilbao Vizcaya Argentaria

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.