Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Sees Significant Drop in Short Interest

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) was the target of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 2,250,000 shares, a decrease of 26.9% from the February 13th total of 3,080,000 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 2,300,000 shares, the short-interest ratio is currently 1.0 days.

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

Hedge funds and other institutional investors have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 20.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 33,545 shares of the bank’s stock valued at $326,000 after purchasing an additional 5,735 shares during the period. Forum Financial Management LP boosted its position in Banco Bilbao Vizcaya Argentaria by 10.3% in the 4th quarter. Forum Financial Management LP now owns 70,543 shares of the bank’s stock valued at $686,000 after buying an additional 6,614 shares during the period. Focus Partners Advisor Solutions LLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria in the fourth quarter worth $223,000. CSS LLC IL purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter worth $342,000. Finally, Point72 Asset Management L.P. raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 122.2% in the fourth quarter. Point72 Asset Management L.P. now owns 307,720 shares of the bank’s stock valued at $2,991,000 after acquiring an additional 169,220 shares in the last quarter. 2.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on BBVA shares. Kepler Capital Markets raised shares of Banco Bilbao Vizcaya Argentaria from a “reduce” rating to a “hold” rating in a research report on Thursday, February 27th. Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 31st. Finally, StockNews.com cut 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 issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Trading Up 1.2 %

Shares of NYSE:BBVA traded up $0.17 during mid-day trading on Monday, reaching $14.51. 2,191,996 shares of the company were exchanged, compared to its average volume of 1,740,671. Banco Bilbao Vizcaya Argentaria has a 1 year low of $9.23 and a 1 year high of $14.52. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 0.27. The firm’s 50-day simple moving average is $12.08 and its 200 day simple moving average is $10.75. The firm has a market cap of $84.68 billion, a price-to-earnings ratio of 8.01, a P/E/G ratio of 0.80 and a beta of 1.26.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, topping 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%. Equities research analysts forecast that Banco Bilbao Vizcaya Argentaria will post 1.59 EPS for the current year.

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.