Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Sees Strong Trading Volume - What's Next?

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Get Free Report) saw an uptick in trading volume on Friday . 1,505,603 shares changed hands during trading, an increase of 1% from the previous session's volume of 1,489,948 shares.The stock last traded at $10.18 and had previously closed at $10.07.

Wall Street Analyst Weigh In

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

Banco Bilbao Vizcaya Argentaria Stock Performance

The firm has a fifty day simple moving average of $9.87 and a two-hundred day simple moving average of $10.19. The firm has a market cap of $59.49 billion, a PE ratio of 5.86, a PEG ratio of 0.98 and a beta of 1.28.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Friday, October 25th. Stockholders of record on Wednesday, October 9th were given a dividend of $0.3244 per share. This represents a dividend yield of 5.6%. This is a boost from Banco Bilbao Vizcaya Argentaria's previous Semi-Annual dividend of $0.11. The ex-dividend date was Wednesday, October 9th. Banco Bilbao Vizcaya Argentaria's dividend payout ratio is currently 29.31%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in BBVA. Signaturefd LLC increased its position in Banco Bilbao Vizcaya Argentaria by 0.9% during the second quarter. Signaturefd LLC now owns 109,672 shares of the bank's stock valued at $1,100,000 after acquiring an additional 993 shares during the last quarter. Optas LLC grew its holdings in Banco Bilbao Vizcaya Argentaria by 6.0% during the 2nd quarter. Optas LLC now owns 18,708 shares of the bank's stock valued at $188,000 after purchasing an additional 1,053 shares during the last quarter. Baron Wealth Management LLC raised its position in Banco Bilbao Vizcaya Argentaria by 4.8% in the 3rd quarter. Baron Wealth Management LLC now owns 25,236 shares of the bank's stock worth $274,000 after purchasing an additional 1,166 shares during the period. Hennion & Walsh Asset Management Inc. lifted its stake in Banco Bilbao Vizcaya Argentaria by 1.4% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 99,817 shares of the bank's stock worth $1,001,000 after purchasing an additional 1,376 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 4.3% during the second quarter. EverSource Wealth Advisors LLC now owns 33,510 shares of the bank's stock valued at $353,000 after buying an additional 1,392 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.