Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 8,357,917 shares, a growth of 49.8% from the October 14th total of 5,579,310 shares. Based on an average daily trading volume, of 5,130,471 shares, the days-to-cover ratio is presently 1.6 days.

Banco Bilbao Vizcaya Argentaria, (NYSE:BBVA) opened at 6.20 on Friday. The company has a 50 day moving average price of $6.58 and a 200-day moving average price of $6.16. Banco Bilbao Vizcaya Argentaria, has a one year low of $5.14 and a one year high of $8.39. The company has a market capitalization of $42.74 billion, a PE ratio of 9.84 and a beta of 1.32.

Several research analysts have recently issued reports on the company. Jefferies Group downgraded Banco Bilbao Vizcaya Argentaria, from a “buy” rating to a “hold” rating in a research note on Wednesday, November 9th. Citigroup Inc. downgraded Banco Bilbao Vizcaya Argentaria, from a “neutral” rating to a “sell” rating in a research note on Thursday, November 10th. Finally, Barclays PLC raised Banco Bilbao Vizcaya Argentaria, from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, September 6th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of €6.90 ($7.42).

A number of hedge funds have recently added to or reduced their stakes in BBVA. First Republic Investment Management Inc. increased its stake in shares of Banco Bilbao Vizcaya Argentaria, by 12.8% in the first quarter. First Republic Investment Management Inc. now owns 125,079 shares of the company’s stock valued at $815,000 after buying an additional 14,228 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Banco Bilbao Vizcaya Argentaria, by 116.0% in the first quarter. JPMorgan Chase & Co. now owns 199,081 shares of the company’s stock valued at $1,298,000 after buying an additional 106,895 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Banco Bilbao Vizcaya Argentaria, by 25.2% in the first quarter. Envestnet Asset Management Inc. now owns 859,080 shares of the company’s stock valued at $5,601,000 after buying an additional 173,052 shares during the last quarter. Finally, UBS Asset Management Americas Inc. increased its stake in shares of Banco Bilbao Vizcaya Argentaria, by 59.9% in the first quarter. UBS Asset Management Americas Inc. now owns 1,061,428 shares of the company’s stock valued at $6,921,000 after buying an additional 397,483 shares during the last quarter. Institutional investors own 1.76% of the company’s stock.

About Banco Bilbao Vizcaya Argentaria,

Banco Bilbao Vizcaya Argentaria, SA is a diversified international financial company engaged in retail banking, asset management, private banking and wholesale banking. The Company operates through seven segments: Banking Activity in Spain, Real Estate Activity in Spain, Turkey, Rest of Eurasia, Mexico, South America and United States.

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