Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Get Free Report) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 1,590,000 shares, a decline of 29.3% from the February 28th total of 2,250,000 shares. Based on an average daily trading volume, of 2,550,000 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.0% of the shares of the stock are sold short.
Institutional Investors Weigh In On Banco Bilbao Vizcaya Argentaria
Hedge funds have recently added to or reduced their stakes in the company. Brooklyn Investment Group raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 120.7% during the 4th quarter. Brooklyn Investment Group now owns 3,540 shares of the bank's stock valued at $34,000 after buying an additional 1,936 shares in the last quarter. Huntington National Bank raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 96.7% during the fourth quarter. Huntington National Bank now owns 3,616 shares of the bank's stock worth $35,000 after acquiring an additional 1,778 shares in the last quarter. Avion Wealth bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 4th quarter worth approximately $39,000. Barclays PLC purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 3rd quarter valued at $41,000. Finally, Sierra Ocean LLC bought a new position in shares of Banco Bilbao Vizcaya Argentaria during the 4th quarter valued at $49,000. Institutional investors own 2.96% of the company's stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on BBVA shares. Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "strong-buy" rating in a report on Friday, January 31st. StockNews.com cut shares of Banco Bilbao Vizcaya Argentaria from a "buy" rating to a "hold" rating in a research note on Friday, March 28th. Finally, Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a research report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy".
Get Our Latest Research Report on BBVA
Banco Bilbao Vizcaya Argentaria Price Performance
Shares of NYSE BBVA traded down $0.16 during midday trading on Thursday, hitting $13.69. 2,745,720 shares of the company's stock were exchanged, compared to its average volume of 1,824,805. The company has a current ratio of 1.01, a quick ratio of 0.27 and a debt-to-equity ratio of 1.16. The business's fifty day moving average price is $13.03 and its two-hundred day moving average price is $11.10. The company has a market cap of $79.89 billion, a price-to-earnings ratio of 7.56, a PEG ratio of 0.80 and a beta of 1.00. Banco Bilbao Vizcaya Argentaria has a 12-month low of $9.23 and a 12-month high of $14.84.
Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a net margin of 28.10% and a return on equity of 17.49%. As a group, research analysts forecast that Banco Bilbao Vizcaya Argentaria will post 1.59 EPS for the current fiscal year.
Banco Bilbao Vizcaya Argentaria Increases Dividend
The company also recently announced a semi-annual dividend, which will be paid on Friday, April 25th. Investors of record on Wednesday, April 9th will be paid a $0.4439 dividend. This represents a yield of 4.3%. The ex-dividend date of this dividend is Wednesday, April 9th. This is a boost from Banco Bilbao Vizcaya Argentaria's previous semi-annual dividend of $0.11. Banco Bilbao Vizcaya Argentaria's dividend payout ratio is currently 39.23%.
About Banco Bilbao Vizcaya Argentaria
(
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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.
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