Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Short Interest Down 64.7% in October

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 totalling 2,070,000 shares, a drop of 64.7% from the September 30th total of 5,870,000 shares. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 1,460,000 shares, the short-interest ratio is presently 1.4 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Diversify Wealth Management LLC grew its position in Banco Bilbao Vizcaya Argentaria by 10.3% in the 3rd quarter. Diversify Wealth Management LLC now owns 90,869 shares of the bank's stock valued at $985,000 after buying an additional 8,512 shares in the last quarter. Baker Tilly Wealth Management LLC acquired a new position in Banco Bilbao Vizcaya Argentaria during the third quarter valued at approximately $117,000. Mediolanum International Funds Ltd acquired a new position in Banco Bilbao Vizcaya Argentaria during the third quarter valued at approximately $2,297,000. Ballentine Partners LLC boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 9.5% in the third quarter. Ballentine Partners LLC now owns 30,589 shares of the bank's stock valued at $332,000 after acquiring an additional 2,660 shares during the period. Finally, Hennion & Walsh Asset Management Inc. boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 32.3% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 132,025 shares of the bank's stock valued at $1,431,000 after acquiring an additional 32,208 shares during the period. 2.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Royal Bank of Canada raised shares of Banco Bilbao Vizcaya Argentaria to a "moderate buy" rating in a report on Wednesday, July 31st. Citigroup raised shares of Banco Bilbao Vizcaya Argentaria to a "strong-buy" rating in a report on Friday, August 9th. 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 stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Trading Down 1.1 %

Shares of NYSE BBVA traded down $0.11 during mid-day trading on Friday, reaching $9.72. The company had a trading volume of 855,769 shares, compared to its average volume of 1,471,662. Banco Bilbao Vizcaya Argentaria has a 52-week low of $7.76 and a 52-week high of $12.20. The stock has a market cap of $56.72 billion, a P/E ratio of 6.62, a PEG ratio of 1.10 and a beta of 1.30. The firm has a 50 day simple moving average of $10.35 and a two-hundred day simple moving average of $10.47.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The bank reported $0.51 EPS for the quarter, beating the consensus estimate of $0.48 by $0.03. The firm had revenue of $9.93 billion during the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 27.55% and a return on equity of 16.40%. During the same quarter last year, the business earned $0.36 EPS. On average, equities analysts expect that Banco Bilbao Vizcaya Argentaria will post 1.75 EPS for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently declared a Semi-Annual dividend, which will be paid on Friday, October 25th. Shareholders of record on Wednesday, October 9th will be given a dividend of $0.3244 per share. This represents a 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 is Wednesday, October 9th. Banco Bilbao Vizcaya Argentaria's payout ratio is 34.69%.

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.

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