Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Sees Large Volume Increase – What’s Next?

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) shares saw strong trading volume on Thursday . 1,372,944 shares were traded during mid-day trading, a decline of 7% from the previous session’s volume of 1,473,974 shares.The stock last traded at $10.14 and had previously closed at $9.65.

Analyst Ratings Changes

Several analysts have weighed in on BBVA shares. Royal Bank of Canada upgraded shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a research note on Wednesday, July 31st. StockNews.com downgraded Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Monday. Finally, Citigroup upgraded Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research note on Friday, August 9th. One analyst has rated the stock with a sell rating, two have issued a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Banco Bilbao Vizcaya Argentaria Stock Performance

The firm has a 50 day simple moving average of $10.26 and a two-hundred day simple moving average of $10.40. The stock has a market cap of $58.38 billion, a P/E ratio of 5.54, a P/E/G ratio of 1.00 and a beta of 1.31.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently disclosed a Semi-Annual dividend, which was paid on Friday, October 25th. Stockholders of record on Wednesday, October 9th were issued a $0.3244 dividend. The ex-dividend date of this dividend was Wednesday, October 9th. This is a boost from Banco Bilbao Vizcaya Argentaria’s previous Semi-Annual dividend of $0.11. This represents a dividend yield of 5.6%. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is 29.31%.

Institutional Investors Weigh In On Banco Bilbao Vizcaya Argentaria

Institutional investors have recently added to or reduced their stakes in the company. Rothschild Investment LLC purchased a new position in shares of Banco Bilbao Vizcaya Argentaria in the second quarter worth approximately $40,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria in the second quarter worth approximately $43,000. Benjamin F. Edwards & Company Inc. grew its position in Banco Bilbao Vizcaya Argentaria by 67.8% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank’s stock valued at $49,000 after purchasing an additional 1,990 shares in the last quarter. Russell Investments Group Ltd. increased its stake in Banco Bilbao Vizcaya Argentaria by 48.2% in the 1st quarter. Russell Investments Group Ltd. now owns 5,788 shares of the bank’s stock valued at $69,000 after buying an additional 1,882 shares during the period. Finally, Reston Wealth Management LLC purchased a new stake in Banco Bilbao Vizcaya Argentaria in the 3rd quarter worth approximately $72,000. 2.96% of the stock is currently owned by institutional investors and hedge funds.

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.