Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Short Interest Update

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totalling 3,250,000 shares, a decline of 7.1% from the May 31st total of 3,500,000 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 1,730,000 shares, the short-interest ratio is presently 1.9 days.

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of NYSE:BBVA opened at $10.36 on Thursday. The company has a 50-day simple moving average of $10.52 and a 200-day simple moving average of $10.26. Banco Bilbao Vizcaya Argentaria has a one year low of $7.38 and a one year high of $12.20. The stock has a market capitalization of $60.48 billion, a price-to-earnings ratio of 7.01, a PEG ratio of 0.83 and a beta of 1.32.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last announced its earnings results on Monday, April 29th. The bank reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.05. Banco Bilbao Vizcaya Argentaria had a net margin of 26.90% and a return on equity of 15.34%. The business had revenue of $8.92 billion during the quarter. As a group, research analysts forecast that Banco Bilbao Vizcaya Argentaria will post 1.61 EPS for the current fiscal year.

Institutional Investors Weigh In On Banco Bilbao Vizcaya Argentaria

A number of institutional investors and hedge funds have recently made changes to their positions in BBVA. Optiver Holding B.V. purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at about $4,309,000. BNP Paribas Financial Markets lifted its position in Banco Bilbao Vizcaya Argentaria by 169.8% in the fourth quarter. BNP Paribas Financial Markets now owns 497,463 shares of the bank’s stock valued at $4,532,000 after purchasing an additional 313,065 shares during the period. Dimensional Fund Advisors LP lifted its position in Banco Bilbao Vizcaya Argentaria by 2.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 10,355,974 shares of the bank’s stock valued at $94,342,000 after purchasing an additional 290,673 shares during the period. Capital World Investors acquired a new stake in Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at about $1,537,000. Finally, Capital Wealth Planning LLC lifted its position in Banco Bilbao Vizcaya Argentaria by 82.4% in the fourth quarter. Capital Wealth Planning LLC now owns 332,450 shares of the bank’s stock valued at $3,029,000 after purchasing an additional 150,191 shares during the period. 2.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on BBVA shares. BNP Paribas downgraded shares of Banco Bilbao Vizcaya Argentaria from a “neutral” rating to an “underperform” rating in a research note on Wednesday, June 12th. Barclays downgraded shares of Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a research note on Monday, March 25th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. According to MarketBeat, Banco Bilbao Vizcaya Argentaria presently has a consensus rating of “Hold”.

About Banco Bilbao Vizcaya Argentaria

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.