Banco Bilbao Vizcaya Argentaria (BBVA) Sees Significant Decline in Short Interest

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) saw a large decline in short interest during the month of March. As of March 29th, there was short interest totalling 890,278 shares, a decline of 38.6% from the March 15th total of 1,449,045 shares. Based on an average trading volume of 3,803,950 shares, the short-interest ratio is presently 0.2 days.

A number of research firms have recently issued reports on BBVA. Zacks Investment Research downgraded shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. Santander cut shares of Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a research report on Wednesday, January 17th. HSBC upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating and lifted their target price for the stock from $7.22 to $7.79 in a research report on Friday, April 13th. Finally, ValuEngine upgraded shares of Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research report on Saturday, April 7th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. Banco Bilbao Vizcaya Argentaria has an average rating of “Hold” and a consensus price target of $8.27.

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A number of large investors have recently modified their holdings of BBVA. Welch Investments LLC purchased a new position in Banco Bilbao Vizcaya Argentaria in the 4th quarter worth $105,000. Trustcore Financial Services LLC purchased a new position in Banco Bilbao Vizcaya Argentaria in the 4th quarter worth $110,000. Premia Global Advisors LLC purchased a new position in Banco Bilbao Vizcaya Argentaria in the 4th quarter worth $129,000. Avestar Capital LLC purchased a new position in Banco Bilbao Vizcaya Argentaria in the 4th quarter worth $141,000. Finally, Acadian Asset Management LLC purchased a new position in Banco Bilbao Vizcaya Argentaria in the 4th quarter worth $147,000. Institutional investors own 3.40% of the company’s stock.

Shares of NYSE:BBVA opened at $8.00 on Thursday. The firm has a market capitalization of $52,270.26, a P/E ratio of 10.96, a price-to-earnings-growth ratio of 1.02 and a beta of 1.16. Banco Bilbao Vizcaya Argentaria has a 52 week low of $7.40 and a 52 week high of $9.54. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.05 and a current ratio of 1.05.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last issued its earnings results on Thursday, February 1st. The bank reported $0.20 EPS for the quarter. The company had revenue of $7.49 billion for the quarter. Banco Bilbao Vizcaya Argentaria had a net margin of 13.74% and a return on equity of 8.63%. equities analysts forecast that Banco Bilbao Vizcaya Argentaria will post 0.85 earnings per share for the current fiscal year.

The firm also recently announced a special dividend, which will be paid on Wednesday, April 25th. Investors of record on Monday, April 9th will be given a $0.1866 dividend. The ex-dividend date of this dividend is Friday, April 6th. This is a boost from Banco Bilbao Vizcaya Argentaria’s previous special dividend of $0.11. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio (DPR) is presently 41.10%.

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Banco Bilbao Vizcaya Argentaria Company Profile

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, fixed-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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