Banco Bilbao Vizcaya Argentaria SA (BBVA) Short Interest Update

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Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 8,761,343 shares, an increase of 62.0% from the January 15th total of 5,409,504 shares. Based on an average daily volume of 3,644,003 shares, the days-to-cover ratio is currently 2.4 days.

A number of hedge funds have recently made changes to their positions in BBVA. WealthTrust Arizona LLC increased its stake in shares of Banco Bilbao Vizcaya Argentaria by 28.1% in the 4th quarter. WealthTrust Arizona LLC now owns 9,220 shares of the bank’s stock valued at $49,000 after acquiring an additional 2,024 shares during the last quarter. Advisor Group Inc. increased its holdings in Banco Bilbao Vizcaya Argentaria by 4.2% in the fourth quarter. Advisor Group Inc. now owns 60,048 shares of the bank’s stock worth $317,000 after purchasing an additional 2,437 shares in the last quarter. CAPROCK Group Inc. boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 9.1% during the fourth quarter. CAPROCK Group Inc. now owns 33,305 shares of the bank’s stock valued at $176,000 after buying an additional 2,786 shares during the last quarter. Reliance Trust Co. of Delaware raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 14.2% in the fourth quarter. Reliance Trust Co. of Delaware now owns 24,267 shares of the bank’s stock valued at $128,000 after buying an additional 3,010 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 3.4% during the 4th quarter. Bank of New York Mellon Corp now owns 143,247 shares of the bank’s stock valued at $758,000 after purchasing an additional 4,708 shares during the period. 2.95% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts have recently issued reports on the company. Citigroup raised Banco Bilbao Vizcaya Argentaria from a “neutral” rating to a “buy” rating in a research report on Thursday, October 25th. Zacks Investment Research upgraded Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “hold” rating in a research report on Thursday, December 27th. ValuEngine raised Banco Bilbao Vizcaya Argentaria from a “strong sell” rating to a “sell” rating in a research note on Wednesday, January 2nd. Finally, HSBC cut Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Tuesday, January 15th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $7.02.

NYSE BBVA opened at $5.78 on Thursday. Banco Bilbao Vizcaya Argentaria has a one year low of $4.99 and a one year high of $8.82. The stock has a market capitalization of $38.02 billion, a PE ratio of 6.57, a price-to-earnings-growth ratio of 3.50 and a beta of 0.96. The company has a quick ratio of 0.25, a current ratio of 1.09 and a debt-to-equity ratio of 1.16.

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About Banco Bilbao Vizcaya Argentaria

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, fixed-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.

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