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

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 3,250,000 shares, a drop of 7.1% from the May 31st total of 3,500,000 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 1,730,000 shares, the short-interest ratio is currently 1.9 days.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of BBVA stock traded up $0.24 during trading on Wednesday, hitting $10.36. The company had a trading volume of 710,250 shares, compared to its average volume of 1,558,636. The stock’s 50-day moving average price is $10.52 and its 200 day moving average price is $10.26. The firm has a market capitalization of $60.48 billion, a P/E ratio of 7.01, a price-to-earnings-growth ratio of 0.83 and a beta of 1.32. Banco Bilbao Vizcaya Argentaria has a one year low of $7.38 and a one year high of $12.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its earnings results on Monday, April 29th. The bank reported $0.40 EPS for the quarter, beating the consensus estimate of $0.35 by $0.05. Banco Bilbao Vizcaya Argentaria had a net margin of 26.90% and a return on equity of 15.34%. The firm had revenue of $8.92 billion for the quarter. On average, research analysts anticipate that Banco Bilbao Vizcaya Argentaria will post 1.61 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

BBVA has been the topic of a number of research analyst reports. BNP Paribas cut Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research note on Wednesday, June 12th. Barclays cut shares of Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a research note on Monday, March 25th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold”.

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

A number of institutional investors have recently modified their holdings of BBVA. Benjamin F. Edwards & Company Inc. acquired a new position in Banco Bilbao Vizcaya Argentaria during the fourth quarter worth about $28,000. Spire Wealth Management increased its holdings in Banco Bilbao Vizcaya Argentaria by 237.7% in the 4th quarter. Spire Wealth Management now owns 4,120 shares of the bank’s stock worth $36,000 after purchasing an additional 2,900 shares in the last quarter. Russell Investments Group Ltd. raised its position in Banco Bilbao Vizcaya Argentaria by 139.8% in the fourth quarter. Russell Investments Group Ltd. now owns 3,906 shares of the bank’s stock valued at $36,000 after purchasing an additional 2,277 shares during the last quarter. GAMMA Investing LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at about $44,000. Finally, Financial Management Professionals Inc. raised its holdings in Banco Bilbao Vizcaya Argentaria by 295.3% in the 1st quarter. Financial Management Professionals Inc. now owns 4,076 shares of the bank’s stock valued at $48,000 after buying an additional 3,045 shares during the last quarter. 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.