Banco Bilbao Vizcaya Argentaria S.A. (NYSE:BBVA – Get Free Report) saw a significant drop in short interest in October. As of October 15th, there was short interest totaling 1,088,337 shares, a drop of 46.7% from the September 30th total of 2,042,258 shares. Based on an average daily volume of 1,868,939 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are sold short.
Banco Bilbao Vizcaya Argentaria Stock Up 2.1%
NYSE:BBVA traded up $0.48 during mid-day trading on Monday, hitting $23.92. 1,897,605 shares of the company’s stock traded hands, compared to its average volume of 1,653,707. The company has a fifty day moving average of $27.38 and a 200 day moving average of $24.79. The company has a debt-to-equity ratio of 1.77, a quick ratio of 1.06 and a current ratio of 1.06. Banco Bilbao Vizcaya Argentaria has a twelve month low of $19.84 and a twelve month high of $29.64. The company has a market capitalization of $133.52 billion, a P/E ratio of 11.27, a P/E/G ratio of 0.65 and a beta of 0.82.
Banco Bilbao Vizcaya Argentaria (NYSE:BBVA – Get Free Report) last issued its quarterly earnings results on Tuesday, June 30th. The bank reported $0.62 earnings per share for the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 18.05% and a net margin of 27.75%. The business had revenue of $11.99 billion for the quarter. On average, analysts forecast that Banco Bilbao Vizcaya Argentaria will post 2.37 EPS for the current year.
Banco Bilbao Vizcaya Argentaria Announces Dividend
The business also recently announced a dividend, which was paid on Friday, October 30th. Investors of record on Wednesday, October 14th were paid a $0.4168 dividend. The ex-dividend date was Wednesday, October 14th. This represents a yield of 324.0%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is 29.00%.
Analyst Ratings Changes
A number of analysts have recently weighed in on BBVA shares. Keefe, Bruyette & Woods cut shares of Banco Bilbao Vizcaya Argentaria from a “moderate buy” rating to a “hold” rating in a report on Wednesday, August 12th. Bank of America lowered shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 15th. The Goldman Sachs Group reissued a “buy” rating on shares of Banco Bilbao Vizcaya Argentaria in a research report on Wednesday, August 5th. Royal Bank Of Canada restated a “sector perform” rating on shares of Banco Bilbao Vizcaya Argentaria in a research note on Monday, August 10th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Banco Bilbao Vizcaya Argentaria in a report on Thursday, September 17th. Four investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold”.
Get Our Latest Stock Analysis on Banco Bilbao Vizcaya Argentaria
Institutional Trading of Banco Bilbao Vizcaya Argentaria
Large investors have recently bought and sold shares of the stock. CoreCap Advisors LLC raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 192.9% in the third quarter. CoreCap Advisors LLC now owns 911 shares of the bank’s stock worth $25,000 after buying an additional 600 shares during the last quarter. Whipplewood Advisors LLC purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the first quarter valued at $27,000. Retirement Wealth Solutions LLC grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 53.5% during the third quarter. Retirement Wealth Solutions LLC now owns 1,127 shares of the bank’s stock valued at $31,000 after buying an additional 393 shares during the last quarter. West Financial Advisors LLC purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the third quarter valued at $32,000. Finally, Western Wealth Management LLC acquired a new position in shares of Banco Bilbao Vizcaya Argentaria in the 1st quarter valued at $33,000. Hedge funds and other institutional investors own 2.96% of the company’s stock.
About Banco Bilbao Vizcaya Argentaria
Banco Bilbao Vizcaya Argentaria, SA (NYSE: BBVA) is a global financial services group headquartered in Bilbao, Spain. The bank traces its origins to Banco de Bilbao, founded in 1857, and adopted the BBVA name in 1999 following the merger of Banco Bilbao Vizcaya and Argentaria.
BBVA provides retail and commercial banking services, including checking and savings accounts, consumer and mortgage lending, credit cards, payments, and digital banking. It also serves businesses and institutions through corporate and investment banking, transaction banking, capital markets, and advisory services.
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