Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Sees Strong Trading Volume – What’s Next?

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) shares saw strong trading volume on Friday . 1,505,603 shares traded hands during mid-day trading, an increase of 1% from the previous session’s volume of 1,489,948 shares.The stock last traded at $10.18 and had previously closed at $10.07.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Banco Bilbao Vizcaya Argentaria has a consensus rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Price Performance

The stock has a market cap of $59.26 billion, a price-to-earnings ratio of 5.78, a P/E/G ratio of 0.98 and a beta of 1.28. The business has a fifty day moving average of $9.88 and a 200 day moving average of $10.19.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Friday, October 25th. Shareholders of record on Wednesday, October 9th were given a $0.3244 dividend. The ex-dividend date of this dividend was Wednesday, October 9th. This represents a dividend yield of 5.6%. This is a boost from Banco Bilbao Vizcaya Argentaria’s previous Semi-Annual dividend of $0.11. Banco Bilbao Vizcaya Argentaria’s payout ratio is currently 29.31%.

Institutional Investors Weigh In On Banco Bilbao Vizcaya Argentaria

Large investors have recently added to or reduced their stakes in the stock. Signaturefd LLC raised its holdings in Banco Bilbao Vizcaya Argentaria by 0.9% in the 2nd quarter. Signaturefd LLC now owns 109,672 shares of the bank’s stock worth $1,100,000 after acquiring an additional 993 shares during the period. Optas LLC boosted its stake in Banco Bilbao Vizcaya Argentaria by 6.0% during the 2nd quarter. Optas LLC now owns 18,708 shares of the bank’s stock valued at $188,000 after purchasing an additional 1,053 shares during the period. Baron Wealth Management LLC grew its holdings in Banco Bilbao Vizcaya Argentaria by 4.8% in the 3rd quarter. Baron Wealth Management LLC now owns 25,236 shares of the bank’s stock valued at $274,000 after buying an additional 1,166 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Banco Bilbao Vizcaya Argentaria by 1.4% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 99,817 shares of the bank’s stock worth $1,001,000 after buying an additional 1,376 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Banco Bilbao Vizcaya Argentaria by 4.3% in the second quarter. EverSource Wealth Advisors LLC now owns 33,510 shares of the bank’s stock valued at $353,000 after acquiring an additional 1,392 shares during the period. Institutional investors 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.