Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Sets New 1-Year High – Time to Buy?

Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) hit a new 52-week high on Tuesday . The company traded as high as $12.20 and last traded at $12.20, with a volume of 861376 shares trading hands. The stock had previously closed at $11.88.

Analyst Ratings Changes

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

Banco Bilbao Vizcaya Argentaria Price Performance

The company has a 50-day simple moving average of $10.44 and a 200-day simple moving average of $10.23. The stock has a market cap of $71.24 billion, a PE ratio of 6.74, a PEG ratio of 0.76 and a beta of 1.27. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.01 and a quick ratio of 0.27.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its earnings results on Tuesday, February 4th. The bank reported $0.44 earnings per share for the quarter, beating 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%. Sell-side analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current fiscal year.

Institutional Trading of Banco Bilbao Vizcaya Argentaria

A number of hedge funds have recently added to or reduced their stakes in BBVA. FMR LLC raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 5.7% in the 3rd quarter. FMR LLC now owns 6,370,344 shares of the bank’s stock worth $69,055,000 after purchasing an additional 344,355 shares during the period. American Century Companies Inc. raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 7.5% in the 4th quarter. American Century Companies Inc. now owns 2,226,849 shares of the bank’s stock worth $21,645,000 after purchasing an additional 156,006 shares during the period. Crossmark Global Holdings Inc. raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 5.8% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 1,270,460 shares of the bank’s stock worth $13,772,000 after purchasing an additional 70,192 shares during the period. QRG Capital Management Inc. raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 4.0% in the 4th quarter. QRG Capital Management Inc. now owns 1,043,054 shares of the bank’s stock worth $10,138,000 after purchasing an additional 40,352 shares during the period. Finally, US Bancorp DE raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 1.7% in the 3rd quarter. US Bancorp DE now owns 945,836 shares of the bank’s stock worth $10,253,000 after purchasing an additional 15,636 shares during the period. 2.96% of the stock is owned by institutional investors and hedge funds.

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.