Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Sees Unusually-High Trading Volume

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) saw unusually-high trading volume on Friday . Approximately 802,517 shares changed hands during trading, a decline of 42% from the previous session’s volume of 1,395,410 shares.The stock last traded at $11.60 and had previously closed at $11.25.

Analyst Upgrades and Downgrades

Separately, Barclays cut shares of Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a research report on Monday, March 25th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Performance

The business has a fifty day moving average price of $10.97 and a 200-day moving average price of $9.60. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.24. The stock has a market capitalization of $69.08 billion, a P/E ratio of 8.33, a P/E/G ratio of 0.57 and a beta of 1.33.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its earnings results on Monday, January 29th. The bank reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.02. The company had revenue of $8.01 billion for the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 27.15% and a return on equity of 14.85%. On average, sell-side analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.53 EPS for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Thursday, April 25th. Shareholders of record on Tuesday, April 9th were issued a dividend of $0.1695 per share. This is a boost from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.17. This represents a yield of 4.3%. The ex-dividend date was Monday, April 8th. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is currently 48.92%.

Institutional Trading of Banco Bilbao Vizcaya Argentaria

Hedge funds have recently bought and sold shares of the stock. Benjamin F. Edwards & Company Inc. purchased a new position in shares of Banco Bilbao Vizcaya Argentaria during the 4th quarter valued at $28,000. Spire Wealth Management lifted its holdings in Banco Bilbao Vizcaya Argentaria by 237.7% in the 4th quarter. Spire Wealth Management now owns 4,120 shares of the bank’s stock worth $36,000 after purchasing an additional 2,900 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in Banco Bilbao Vizcaya Argentaria by 139.8% in the 4th quarter. Russell Investments Group Ltd. now owns 3,906 shares of the bank’s stock worth $36,000 after purchasing an additional 2,277 shares during the period. GAMMA Investing LLC purchased a new stake in Banco Bilbao Vizcaya Argentaria during the 4th quarter valued at approximately $44,000. Finally, Financial Management Professionals Inc. raised its position in shares of Banco Bilbao Vizcaya Argentaria by 295.3% during the first quarter. Financial Management Professionals Inc. now owns 4,076 shares of the bank’s stock valued at $48,000 after buying an additional 3,045 shares during the last quarter. Institutional investors own 2.96% of the company’s stock.

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.