Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Sees Significant Decline in Short Interest

Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) was the target of 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. Based on an average daily trading volume, of 1,339,588 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on BBVA. Zacks Research downgraded shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Wall Street Zen downgraded shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings downgraded shares of 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 research report on Wednesday, April 15th. Finally, UBS Group reiterated a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research report on Monday, April 20th. One investment analyst has rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Banco Bilbao Viscaya Argentaria Price Performance

Shares of BBVA traded down $0.50 during mid-day trading on Monday, reaching $22.89. 56,335 shares of the company’s stock traded hands, compared to its average volume of 1,972,084. The stock’s 50-day moving average is $22.16 and its two-hundred day moving average is $22.65. Banco Bilbao Viscaya Argentaria has a 12 month low of $14.63 and a 12 month high of $26.20. The stock has a market cap of $130.68 billion, a P/E ratio of 10.87, a P/E/G ratio of 0.61 and a beta of 0.81.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last issued its earnings results on Tuesday, March 31st. The bank reported $0.59 EPS for the quarter. The business had revenue of $12.33 billion for the quarter. Banco Bilbao Viscaya Argentaria had a net margin of 28.21% and a return on equity of 17.65%. Research analysts predict that Banco Bilbao Viscaya Argentaria will post 2.26 earnings per share for the current year.

Hedge Funds Weigh In On Banco Bilbao Viscaya Argentaria

A number of large investors have recently bought and sold shares of BBVA. Savvy Advisors Inc. grew its stake in Banco Bilbao Viscaya Argentaria by 2.9% in the fourth quarter. Savvy Advisors Inc. now owns 15,062 shares of the bank’s stock valued at $351,000 after purchasing an additional 418 shares during the last quarter. Root Financial Partners LLC boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 59.6% in the 4th quarter. Root Financial Partners LLC now owns 1,141 shares of the bank’s stock valued at $27,000 after buying an additional 426 shares in the last quarter. Seeds Investor LLC boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 3.0% in the 4th quarter. Seeds Investor LLC now owns 15,003 shares of the bank’s stock valued at $350,000 after buying an additional 439 shares in the last quarter. TD Waterhouse Canada Inc. grew its position in shares of Banco Bilbao Viscaya Argentaria by 50.9% in the 4th quarter. TD Waterhouse Canada Inc. now owns 1,304 shares of the bank’s stock worth $30,000 after buying an additional 440 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its stake in shares of Banco Bilbao Viscaya Argentaria by 45.6% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,456 shares of the bank’s stock worth $34,000 after acquiring an additional 456 shares in the last quarter. Institutional investors own 2.96% of the company’s stock.

About Banco Bilbao Viscaya Argentaria

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.