Banco Bilbao Vizcaya Argentaria (BBVA) Shares Gap Down to $6.40

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Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA) shares gapped down prior to trading on Friday . The stock had previously closed at $6.55, but opened at $6.40. Banco Bilbao Vizcaya Argentaria shares last traded at $6.29, with a volume of 2632542 shares traded.

Several research analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Banco Bilbao Vizcaya Argentaria from a “sell” rating to a “hold” rating in a research report on Thursday, December 27th. ValuEngine upgraded shares of Banco Bilbao Vizcaya Argentaria from a “strong sell” rating to a “sell” rating in a research report on Wednesday, January 2nd. Deutsche Bank upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Monday, April 1st. Finally, HSBC cut shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Tuesday, January 15th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. Banco Bilbao Vizcaya Argentaria currently has an average rating of “Hold” and a consensus price target of $6.75.

The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.09 and a current ratio of 1.09. The stock has a market cap of $41.30 billion, a P/E ratio of 7.15, a P/E/G ratio of 3.70 and a beta of 0.95.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its quarterly earnings results on Friday, February 1st. The bank reported $0.16 EPS for the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 24.54% and a return on equity of 7.66%. The business had revenue of $5.46 billion for the quarter. Equities analysts expect that Banco Bilbao Vizcaya Argentaria SA will post 0.72 EPS for the current fiscal year.

The firm also recently declared a semiannual dividend, which will be paid on Monday, April 29th. Shareholders of record on Tuesday, April 9th will be given a dividend of $0.1821 per share. This represents a yield of 6.02%. The ex-dividend date is Monday, April 8th. Banco Bilbao Vizcaya Argentaria’s payout ratio is currently 32.95%.

A number of hedge funds and other institutional investors have recently modified their holdings of BBVA. Jane Street Group LLC grew its position in Banco Bilbao Vizcaya Argentaria by 1,432.6% during the fourth quarter. Jane Street Group LLC now owns 2,945,378 shares of the bank’s stock valued at $15,581,000 after acquiring an additional 2,753,195 shares during the last quarter. Weatherstone Capital Management purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at approximately $5,881,000. SG Americas Securities LLC boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 623.6% during the fourth quarter. SG Americas Securities LLC now owns 1,002,287 shares of the bank’s stock valued at $5,302,000 after purchasing an additional 863,772 shares during the period. Norges Bank purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at approximately $2,593,000. Finally, Heathbridge Capital Management Ltd. boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 7.9% during the fourth quarter. Heathbridge Capital Management Ltd. now owns 4,506,400 shares of the bank’s stock valued at $23,839,000 after purchasing an additional 329,800 shares during the period.

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Banco Bilbao Vizcaya Argentaria Company Profile (NYSE:BBVA)

Banco Bilbao Vizcaya Argentaria, SA, together with its subsidiaries, provides retail and wholesale banking, asset management, and private banking services. The company accepts various deposits, such as current and savings accounts, term deposits, subordinated deposits, and other accounts. It also offers loan products; and foreclosed real-estate assets from residential mortgages and developers, as well as lending to developers.

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