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

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Get Free Report) shares saw strong trading volume on Friday . 802,517 shares traded hands during mid-day trading, a decline of 42% from the previous session's volume of 1,395,410 shares.The stock last traded at $11.60 and had previously closed at $11.25.

Analysts Set New Price Targets

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

Banco Bilbao Vizcaya Argentaria Trading Up 2.9 %

The firm has a market cap of $69.08 billion, a PE ratio of 8.33, a PEG ratio of 0.57 and a beta of 1.33. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.03 and a quick ratio of 1.03. The stock's fifty day simple moving average is $11.01 and its 200-day simple moving average is $9.63.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last issued its earnings results on Monday, January 29th. The bank reported $0.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.02. The company had revenue of $8.01 billion during the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 14.85% and a net margin of 27.15%. On average, sell-side analysts forecast that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.53 earnings per share for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Thursday, April 25th. Investors of record on Tuesday, April 9th were given a $0.1695 dividend. The ex-dividend date was Monday, April 8th. This represents a yield of 4.3%. This is a positive change from Banco Bilbao Vizcaya Argentaria's previous semi-annual dividend of $0.17. Banco Bilbao Vizcaya Argentaria's dividend payout ratio is currently 48.92%.

Hedge Funds Weigh In On Banco Bilbao Vizcaya Argentaria

A number of institutional investors have recently bought and sold shares of BBVA. Lindbrook Capital LLC boosted its holdings in Banco Bilbao Vizcaya Argentaria by 9.3% in the first quarter. Lindbrook Capital LLC now owns 12,986 shares of the bank's stock valued at $154,000 after purchasing an additional 1,100 shares during the last quarter. Aaron Wealth Advisors LLC boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 52.6% in the first quarter. Aaron Wealth Advisors LLC now owns 32,670 shares of the bank's stock worth $387,000 after buying an additional 11,255 shares during the last quarter. Spire Wealth Management grew its holdings in Banco Bilbao Vizcaya Argentaria by 1,183.3% during the first quarter. Spire Wealth Management now owns 52,870 shares of the bank's stock worth $626,000 after acquiring an additional 48,750 shares during the period. BSW Wealth Partners grew its holdings in Banco Bilbao Vizcaya Argentaria by 4.2% during the first quarter. BSW Wealth Partners now owns 23,158 shares of the bank's stock worth $274,000 after acquiring an additional 923 shares during the period. Finally, Global Retirement Partners LLC raised its position in Banco Bilbao Vizcaya Argentaria by 150.3% during the first quarter. Global Retirement Partners LLC now owns 5,000 shares of the bank's stock valued at $59,000 after acquiring an additional 3,002 shares in the last quarter. 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.