Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Sees Strong Trading Volume

Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Get Free Report) saw strong trading volume on Friday . 2,754,491 shares traded hands during trading, an increase of 97% from the previous session's volume of 1,399,882 shares.The stock last traded at $10.84 and had previously closed at $10.96.

Analyst Ratings Changes

Separately, Barclays lowered Banco Bilbao Vizcaya Argentaria from an "overweight" rating to an "equal weight" rating in a research note on Monday, March 25th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy".

Banco Bilbao Vizcaya Argentaria Stock Down 1.5 %

The firm has a market capitalization of $64.40 billion, a price-to-earnings ratio of 7.76, a P/E/G ratio of 0.55 and a beta of 1.33. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.24. The firm has a fifty day moving average price of $10.84 and a 200 day moving average price of $9.49.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last announced its earnings results on Monday, January 29th. The bank reported $0.37 EPS for the quarter, topping the consensus estimate of $0.35 by $0.02. The business had revenue of $8.01 billion for the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 14.85% and a net margin of 27.15%. Sell-side analysts anticipate that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.54 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Thursday, April 25th. Shareholders of record on Tuesday, April 9th will be issued a dividend of $0.1695 per share. This is an increase from Banco Bilbao Vizcaya Argentaria's previous semi-annual dividend of $0.17. The ex-dividend date is Monday, April 8th. This represents a yield of 4.3%. Banco Bilbao Vizcaya Argentaria's dividend payout ratio is currently 49.64%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Raymond James & Associates raised its position in shares of Banco Bilbao Vizcaya Argentaria by 21.4% during the 1st quarter. Raymond James & Associates now owns 733,348 shares of the bank's stock valued at $4,173,000 after acquiring an additional 129,165 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Banco Bilbao Vizcaya Argentaria by 6.9% in the 1st quarter. Bank of New York Mellon Corp now owns 643,708 shares of the bank's stock valued at $3,664,000 after buying an additional 41,706 shares in the last quarter. American Century Companies Inc. increased its position in shares of Banco Bilbao Vizcaya Argentaria by 4.0% in the 1st quarter. American Century Companies Inc. now owns 393,935 shares of the bank's stock valued at $2,241,000 after buying an additional 15,070 shares in the last quarter. HighTower Advisors LLC increased its position in shares of Banco Bilbao Vizcaya Argentaria by 32.6% in the 1st quarter. HighTower Advisors LLC now owns 35,093 shares of the bank's stock valued at $196,000 after buying an additional 8,633 shares in the last quarter. Finally, Private Advisor Group LLC increased its position in shares of Banco Bilbao Vizcaya Argentaria by 24.6% in the 1st quarter. Private Advisor Group LLC now owns 18,972 shares of the bank's stock valued at $108,000 after buying an additional 3,749 shares in the last quarter. Institutional investors and hedge funds own 2.96% of the company's stock.

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.