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

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Get Free Report) gapped down before the market opened 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.

Analyst Ratings Changes

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

Banco Bilbao Vizcaya Argentaria Price Performance

The stock has a market cap of $81.15 billion, a P/E ratio of 7.68, a P/E/G ratio of 0.80 and a beta of 1.05. The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16. The company's 50 day moving average price is $13.62 and its 200-day moving average price is $11.56.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The bank reported $0.47 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.47. The company had revenue of $10.61 billion for the quarter, compared to the consensus estimate of $9.12 billion. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. As a group, sell-side analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 earnings per share for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Friday, April 25th. Stockholders of record on Wednesday, April 9th were issued a dividend of $0.4439 per share. The ex-dividend date was Wednesday, April 9th. This represents a dividend yield of 4.3%. This is a positive change from Banco Bilbao Vizcaya Argentaria's previous semi-annual dividend of $0.11. Banco Bilbao Vizcaya Argentaria's dividend payout ratio is currently 39.15%.

Institutional Trading of Banco Bilbao Vizcaya Argentaria

Several large investors have recently made changes to their positions in BBVA. Alpine Bank Wealth Management acquired a new stake in Banco Bilbao Vizcaya Argentaria in the first quarter valued at approximately $29,000. Brooklyn Investment Group lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 120.7% in the 4th quarter. Brooklyn Investment Group now owns 3,540 shares of the bank's stock worth $34,000 after purchasing an additional 1,936 shares in the last quarter. Huntington National Bank grew its position in Banco Bilbao Vizcaya Argentaria by 96.7% in the 4th quarter. Huntington National Bank now owns 3,616 shares of the bank's stock valued at $35,000 after purchasing an additional 1,778 shares during the period. Private Trust Co. NA increased its position in shares of Banco Bilbao Vizcaya Argentaria by 224.7% during the first quarter. Private Trust Co. NA now owns 2,607 shares of the bank's stock worth $36,000 after acquiring an additional 1,804 shares in the last quarter. Finally, Avion Wealth bought a new stake in Banco Bilbao Vizcaya Argentaria during the 4th quarter worth approximately $39,000. 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.