Short Interest in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Drops By 11.1%

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) was the target of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 1,840,000 shares, a decrease of 11.1% from the October 15th total of 2,070,000 shares. Based on an average daily volume of 1,350,000 shares, the short-interest ratio is presently 1.4 days. Approximately 0.0% of the company’s shares are sold short.

Banco Bilbao Vizcaya Argentaria Price Performance

NYSE:BBVA traded up $0.28 during mid-day trading on Friday, reaching $9.82. The stock had a trading volume of 2,634,789 shares, compared to its average volume of 1,636,006. The business’s 50 day moving average is $10.18 and its 200 day moving average is $10.32. Banco Bilbao Vizcaya Argentaria has a fifty-two week low of $8.63 and a fifty-two week high of $12.20. The stock has a market cap of $57.33 billion, a P/E ratio of 5.64, a PEG ratio of 0.97 and a beta of 1.31.

Banco Bilbao Vizcaya Argentaria Increases Dividend

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

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Royal Bank of Canada raised Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a report on Wednesday, July 31st. StockNews.com raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. Finally, Citigroup raised Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a report on Friday, August 9th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Institutional Trading of Banco Bilbao Vizcaya Argentaria

Hedge funds have recently added to or reduced their stakes in the business. Rothschild Investment LLC bought a new stake in Banco Bilbao Vizcaya Argentaria during the 2nd quarter valued at approximately $40,000. Barclays PLC bought a new stake in Banco Bilbao Vizcaya Argentaria during the 3rd quarter valued at approximately $41,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the 2nd quarter worth approximately $43,000. Benjamin F. Edwards & Company Inc. lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 67.8% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank’s stock worth $49,000 after acquiring an additional 1,990 shares during the period. Finally, Russell Investments Group Ltd. lifted its position in shares of Banco Bilbao Vizcaya Argentaria by 48.2% in the 1st quarter. Russell Investments Group Ltd. now owns 5,788 shares of the bank’s stock worth $69,000 after acquiring an additional 1,882 shares during the period. Institutional investors own 2.96% of the company’s stock.

About Banco Bilbao Vizcaya Argentaria

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.