Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Short Interest Down 5.1% in November

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Get Free Report) saw a significant drop in short interest in November. As of November 30th, there was short interest totalling 2,990,000 shares, a drop of 5.1% from the November 15th total of 3,150,000 shares. Currently, 0.1% of the company's stock are sold short. Based on an average trading volume of 1,480,000 shares, the days-to-cover ratio is currently 2.0 days.

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

Several institutional investors and hedge funds have recently made changes to their positions in BBVA. World Investment Advisors LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the third quarter worth $129,000. Sanctuary Advisors LLC increased its position in shares of Banco Bilbao Vizcaya Argentaria by 35.3% in the 3rd quarter. Sanctuary Advisors LLC now owns 77,838 shares of the bank's stock worth $844,000 after purchasing an additional 20,296 shares during the last quarter. Barclays PLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 3rd quarter worth about $41,000. Teachers Retirement System of The State of Kentucky raised its stake in shares of Banco Bilbao Vizcaya Argentaria by 3.7% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 324,470 shares of the bank's stock valued at $3,517,000 after purchasing an additional 11,500 shares in the last quarter. Finally, Coldstream Capital Management Inc. lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 7.5% during the third quarter. Coldstream Capital Management Inc. now owns 39,338 shares of the bank's stock worth $426,000 after purchasing an additional 2,728 shares during the last quarter. 2.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Banco Bilbao Vizcaya Argentaria Stock Performance

Shares of NYSE BBVA traded down $0.25 during midday trading on Tuesday, reaching $9.93. 1,397,527 shares of the company's stock were exchanged, compared to its average volume of 1,502,599. Banco Bilbao Vizcaya Argentaria has a 52-week low of $8.63 and a 52-week high of $12.20. The business's fifty day moving average price is $9.86 and its two-hundred day moving average price is $10.18. The stock has a market capitalization of $57.97 billion, a PE ratio of 5.85, a price-to-earnings-growth ratio of 0.98 and a beta of 1.28.

Banco Bilbao Vizcaya Argentaria Increases Dividend

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

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.