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

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) shares saw unusually-high trading volume on Thursday . Approximately 3,667,229 shares were traded during mid-day trading, an increase of 132% from the previous session’s volume of 1,579,311 shares.The stock last traded at $10.45 and had previously closed at $10.46.

Wall Street Analyst Weigh In

Separately, Barclays downgraded Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a report on Monday, March 25th.

Banco Bilbao Vizcaya Argentaria Price Performance

The company has a debt-to-equity ratio of 1.32, a current ratio of 1.04 and a quick ratio of 1.03. The stock has a market cap of $62.16 billion, a price-to-earnings ratio of 7.09, a P/E/G ratio of 0.55 and a beta of 1.33. The stock has a fifty day moving average of $11.07 and a 200 day moving average of $9.70.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its earnings results on Monday, January 29th. The bank reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.02. Banco Bilbao Vizcaya Argentaria had a return on equity of 15.34% and a net margin of 26.90%. The firm had revenue of $8.01 billion during the quarter. On average, analysts expect that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.53 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Thursday, April 25th. Shareholders of record on Tuesday, April 9th were issued a $0.1695 dividend. The ex-dividend date of this dividend was Monday, April 8th. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.17. This represents a yield of 4.3%. Banco Bilbao Vizcaya Argentaria’s payout ratio is presently 46.26%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of BBVA. CWM LLC lifted its holdings in Banco Bilbao Vizcaya Argentaria by 30.8% in the third quarter. CWM LLC now owns 10,933 shares of the bank’s stock valued at $88,000 after acquiring an additional 2,576 shares during the period. Vicus Capital purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria in the third quarter valued at approximately $118,000. Cambridge Investment Research Advisors Inc. increased its position in shares of Banco Bilbao Vizcaya Argentaria by 13.4% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 16,781 shares of the bank’s stock valued at $135,000 after buying an additional 1,986 shares in the last quarter. Advisor Partners II LLC increased its position in shares of Banco Bilbao Vizcaya Argentaria by 4.8% in the third quarter. Advisor Partners II LLC now owns 315,832 shares of the bank’s stock valued at $2,542,000 after buying an additional 14,549 shares in the last quarter. Finally, Whittier Trust Co. increased its position in shares of Banco Bilbao Vizcaya Argentaria by 12.8% in the third quarter. Whittier Trust Co. now owns 53,629 shares of the bank’s stock valued at $432,000 after buying an additional 6,087 shares in the last quarter. 2.96% of the stock is 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.