Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Reaches New 12-Month High – Should You Buy?

Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) hit a new 52-week high on Monday . The stock traded as high as $13.07 and last traded at $13.00, with a volume of 1576978 shares traded. The stock had previously closed at $12.69.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 31st. StockNews.com raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, one has issued a hold rating, one has given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Trading Up 1.9 %

The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16. The firm has a market cap of $75.51 billion, a PE ratio of 7.15, a P/E/G ratio of 0.80 and a beta of 1.27. The business has a fifty day moving average price of $10.92 and a 200 day moving average price of $10.39.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Tuesday, February 4th. The bank reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a net margin of 28.10% and a return on equity of 17.49%. Analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its position in shares of Banco Bilbao Vizcaya Argentaria by 1.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 11,481,085 shares of the bank’s stock worth $111,596,000 after acquiring an additional 163,044 shares during the last quarter. Northern Trust Corp grew its position in Banco Bilbao Vizcaya Argentaria by 48.6% during the 4th quarter. Northern Trust Corp now owns 7,418,877 shares of the bank’s stock worth $72,111,000 after purchasing an additional 2,424,880 shares during the last quarter. FMR LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 5.7% in the third quarter. FMR LLC now owns 6,370,344 shares of the bank’s stock valued at $69,055,000 after purchasing an additional 344,355 shares during the period. Bank of America Corp DE raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 13.7% in the fourth quarter. Bank of America Corp DE now owns 5,108,410 shares of the bank’s stock valued at $49,654,000 after buying an additional 613,563 shares during the last quarter. Finally, Symmetry Investments LP acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter worth about $27,647,000. Institutional investors and hedge funds own 2.96% of the company’s stock.

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.