Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Shares Gap Down - What's Next?

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $14.37, but opened at $14.00. Banco Bilbao Vizcaya Argentaria shares last traded at $14.00, with a volume of 250,581 shares.

Wall Street Analysts Forecast Growth

BBVA has been the subject of several research reports. StockNews.com raised Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "buy" rating in a research note on Wednesday, April 9th. Hsbc Global Res upgraded Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "strong-buy" rating in a report on Friday, January 31st. Finally, Kepler Capital Markets raised Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a research note on Thursday, February 27th. One analyst has rated the stock with a sell rating, one has issued a hold rating, one has given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Stock Up 0.6 %

The firm has a market capitalization of $80.88 billion, a price-to-earnings ratio of 7.65, a price-to-earnings-growth ratio of 0.80 and a beta of 1.00. The business's 50 day moving average is $13.60 and its 200-day moving average is $11.52. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The bank reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. The firm had revenue of $10.61 billion during the quarter, compared to analysts' expectations of $9.12 billion. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. Equities analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. 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 was paid on Friday, April 25th. Stockholders of record on Wednesday, April 9th were paid a $0.4439 dividend. This represents a dividend yield of 4.3%. The ex-dividend date was Wednesday, April 9th. This is an increase from Banco Bilbao Vizcaya Argentaria's previous semi-annual dividend of $0.11. Banco Bilbao Vizcaya Argentaria's payout ratio is currently 40.88%.

Institutional Trading of Banco Bilbao Vizcaya Argentaria

Large investors have recently added to or reduced their stakes in the company. Signaturefd LLC lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 5.4% during the first quarter. Signaturefd LLC now owns 126,859 shares of the bank's stock worth $1,728,000 after purchasing an additional 6,481 shares in the last quarter. Bleakley Financial Group LLC grew its position in shares of Banco Bilbao Vizcaya Argentaria by 37.3% during the 1st quarter. Bleakley Financial Group LLC now owns 15,252 shares of the bank's stock worth $208,000 after buying an additional 4,142 shares during the period. New York State Common Retirement Fund acquired a new position in Banco Bilbao Vizcaya Argentaria in the first quarter valued at approximately $3,081,000. Kathmere Capital Management LLC raised its position in shares of Banco Bilbao Vizcaya Argentaria by 15.9% during the 1st quarter. Kathmere Capital Management LLC now owns 51,865 shares of the bank's stock valued at $706,000 after acquiring an additional 7,122 shares during the last quarter. Finally, Diversify Wealth Management LLC boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 8.9% in the 1st quarter. Diversify Wealth Management LLC now owns 112,171 shares of the bank's stock worth $1,575,000 after purchasing an additional 9,129 shares during the last quarter. 2.96% of the stock is owned by institutional investors.

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.