Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Sees Strong Trading Volume – Should You Buy?

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) saw strong trading volume on Thursday . 2,565,508 shares were traded during mid-day trading, an increase of 21% from the previous session’s volume of 2,121,274 shares.The stock last traded at $11.70 and had previously closed at $11.53.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Trading Up 2.6 %

The company has a market cap of $69.09 billion, a P/E ratio of 6.80, a P/E/G ratio of 0.68 and a beta of 1.27. The company has a 50-day simple moving average of $10.10 and a 200 day simple moving average of $10.19.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. AdvisorNet Financial Inc raised its position in Banco Bilbao Vizcaya Argentaria by 5.5% during the fourth quarter. AdvisorNet Financial Inc now owns 21,044 shares of the bank’s stock worth $205,000 after acquiring an additional 1,100 shares during the period. Chickasaw Capital Management LLC raised its position in Banco Bilbao Vizcaya Argentaria by 2.6% in the fourth quarter. Chickasaw Capital Management LLC now owns 43,769 shares of the bank’s stock valued at $425,000 after purchasing an additional 1,115 shares during the period. Baron Wealth Management LLC grew its stake in shares of Banco Bilbao Vizcaya Argentaria by 4.8% in the third quarter. Baron Wealth Management LLC now owns 25,236 shares of the bank’s stock valued at $274,000 after buying an additional 1,166 shares in the last quarter. Truist Financial Corp grew its position in Banco Bilbao Vizcaya Argentaria by 0.4% in the 2nd quarter. Truist Financial Corp now owns 373,859 shares of the bank’s stock valued at $3,750,000 after acquiring an additional 1,531 shares in the last quarter. Finally, Perigon Wealth Management LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 8.2% during the fourth quarter. Perigon Wealth Management LLC now owns 21,632 shares of the bank’s stock worth $231,000 after purchasing an additional 1,640 shares during the period. Hedge funds and other institutional investors own 2.96% of the company’s stock.

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.