Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Sees Unusually-High Trading Volume

Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) saw unusually-strong trading volume on Tuesday . Approximately 21,146,388 shares changed hands during mid-day trading, an increase of 487% from the previous session’s volume of 3,600,307 shares.The stock last traded at $4.85 and had previously closed at $4.76.

Several research analysts recently commented on BBVA shares. Societe Generale lowered Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “sell” rating in a research report on Wednesday, June 26th. Credit Suisse Group lowered Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research report on Wednesday, June 12th. Zacks Investment Research upgraded Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “hold” rating in a research report on Monday, August 5th. Finally, ValuEngine upgraded Banco Bilbao Vizcaya Argentaria from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 1st. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $6.75.

The firm’s 50-day moving average is $5.34. The firm has a market cap of $32.04 billion, a price-to-earnings ratio of 5.51, a PEG ratio of 2.95 and a beta of 0.98.



Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its earnings results on Wednesday, July 31st. The bank reported $0.19 earnings per share (EPS) for the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 9.62% and a net margin of 23.08%. The business had revenue of $6.65 billion during the quarter, compared to analyst estimates of $6.58 billion. As a group, equities research analysts predict that Banco Bilbao Vizcaya Argentaria SA will post 0.72 EPS for the current fiscal year.

Several large investors have recently made changes to their positions in BBVA. Evolution Wealth Advisors LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria during the second quarter valued at approximately $25,000. Cornerstone Advisors Inc. raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 173.7% during the first quarter. Cornerstone Advisors Inc. now owns 4,609 shares of the bank’s stock valued at $26,000 after acquiring an additional 2,925 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 259.3% during the first quarter. Parallel Advisors LLC now owns 8,121 shares of the bank’s stock valued at $47,000 after acquiring an additional 5,861 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 916.0% during the second quarter. Tower Research Capital LLC TRC now owns 8,372 shares of the bank’s stock valued at $47,000 after acquiring an additional 7,548 shares in the last quarter. Finally, Lindbrook Capital LLC raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 30.8% during the second quarter. Lindbrook Capital LLC now owns 9,146 shares of the bank’s stock valued at $50,000 after acquiring an additional 2,156 shares in the last quarter. Institutional investors and hedge funds own 2.64% of the company’s stock.

About Banco Bilbao Vizcaya Argentaria (NYSE:BBVA)

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. The company accepts various deposits, such as current and savings accounts, term deposits, subordinated deposits, and other accounts. It also offers loan products; and foreclosed real-estate assets from residential mortgages and developers, as well as lending to developers.

Featured Story: What is a Derivative?

Receive News & Ratings for Banco Bilbao Vizcaya Argentaria Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Bilbao Vizcaya Argentaria and related companies with MarketBeat.com's FREE daily email newsletter.