Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Shares Gap Down - Time to Sell?

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 $15.19, but opened at $14.84. Banco Bilbao Vizcaya Argentaria shares last traded at $14.90, with a volume of 210,394 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on BBVA. Kepler Capital Markets upgraded Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a research report on Thursday, February 27th. Wall Street Zen lowered shares of Banco Bilbao Vizcaya Argentaria from a "buy" rating to a "hold" rating in a research report on Friday, May 30th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Price Performance

The firm has a market cap of $87.28 billion, a PE ratio of 8.26, a P/E/G ratio of 0.80 and a beta of 1.05. The firm's fifty day simple moving average is $14.04 and its two-hundred day simple moving average is $12.33. The company has a quick ratio of 0.27, a current ratio of 1.01 and a debt-to-equity ratio of 1.16.

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

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Friday, April 25th. Investors of record on Wednesday, April 9th were paid a dividend of $0.4439 per share. This is an increase from Banco Bilbao Vizcaya Argentaria's previous semi-annual dividend of $0.11. The ex-dividend date of this dividend was Wednesday, April 9th. This represents a yield of 4.3%. Banco Bilbao Vizcaya Argentaria's dividend payout ratio is presently 39.15%.

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

Institutional investors and hedge funds have recently made changes to their positions in the business. Acadian Asset Management LLC lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 889.4% in the 1st quarter. Acadian Asset Management LLC now owns 101,455 shares of the bank's stock valued at $1,381,000 after acquiring an additional 91,201 shares during the last quarter. Geneos Wealth Management Inc. raised its position in Banco Bilbao Vizcaya Argentaria by 290.6% during the first quarter. Geneos Wealth Management Inc. now owns 6,644 shares of the bank's stock valued at $90,000 after purchasing an additional 4,943 shares during the period. Focus Partners Wealth raised its position in Banco Bilbao Vizcaya Argentaria by 4.3% during the first quarter. Focus Partners Wealth now owns 17,923 shares of the bank's stock valued at $244,000 after purchasing an additional 732 shares during the period. Jane Street Group LLC lifted its stake in shares of Banco Bilbao Vizcaya Argentaria by 104.6% in the 1st quarter. Jane Street Group LLC now owns 181,639 shares of the bank's stock valued at $2,474,000 after purchasing an additional 92,843 shares during the last quarter. Finally, Ascent Group LLC boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 55.5% in the 1st quarter. Ascent Group LLC now owns 34,333 shares of the bank's stock worth $468,000 after purchasing an additional 12,253 shares during the period. 2.96% of the stock is owned by hedge funds and other 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.