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

Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,345,679 shares, an increase of 50.1% from the July 15th total of 896,707 shares. Based on an average trading volume of 1,334,647 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Several equities analysts have commented on BBVA shares. Weiss Ratings reissued a “buy (b)” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Friday, July 31st. Bank of America lowered Banco Bilbao Viscaya Argentaria from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 15th. Keefe, Bruyette & Woods downgraded shares of Banco Bilbao Viscaya Argentaria from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, August 12th. Finally, Wall Street Zen raised Banco Bilbao Viscaya Argentaria from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. One equities research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Institutional Trading of Banco Bilbao Viscaya Argentaria

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Global Retirement Partners LLC grew its position in Banco Bilbao Viscaya Argentaria by 120.9% during the fourth quarter. Global Retirement Partners LLC now owns 76,788 shares of the bank’s stock worth $1,790,000 after buying an additional 42,026 shares in the last quarter. Diversify Wealth Management LLC grew its position in Banco Bilbao Viscaya Argentaria by 42.4% in the first quarter. Diversify Wealth Management LLC now owns 185,755 shares of the bank’s stock valued at $3,955,000 after acquiring an additional 55,304 shares during the period. Advisors Preferred LLC bought a new stake in shares of Banco Bilbao Viscaya Argentaria in the 1st quarter worth about $778,000. Teachers Retirement System of The State of Kentucky bought a new stake in Banco Bilbao Viscaya Argentaria during the first quarter worth about $4,471,000. Finally, Quantinno Capital Management LP grew its position in Banco Bilbao Viscaya Argentaria by 23.3% during the 1st quarter. Quantinno Capital Management LP now owns 1,223,071 shares of the bank’s stock worth $26,492,000 after acquiring an additional 231,330 shares during the last quarter. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Banco Bilbao Viscaya Argentaria Price Performance

Shares of NYSE:BBVA opened at $28.55 on Thursday. The stock has a market capitalization of $162.98 billion, a P/E ratio of 12.98, a P/E/G ratio of 0.77 and a beta of 0.80. The company has a debt-to-equity ratio of 1.77, a current ratio of 1.06 and a quick ratio of 1.06. The business has a 50-day moving average of $26.09 and a two-hundred day moving average of $23.76. Banco Bilbao Viscaya Argentaria has a fifty-two week low of $17.77 and a fifty-two week high of $29.10.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its quarterly earnings results on Tuesday, June 30th. The bank reported $0.62 EPS for the quarter. Banco Bilbao Viscaya Argentaria had a return on equity of 18.05% and a net margin of 27.75%.The company had revenue of $11.99 billion for the quarter. On average, equities research analysts predict that Banco Bilbao Viscaya Argentaria will post 2.37 EPS for the current fiscal year.

Banco Bilbao Viscaya Argentaria Company Profile

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.