Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Shares Gap Up to $5.27

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) shares gapped up before the market opened on Monday . The stock had previously closed at $5.27, but opened at $5.41. Banco Bilbao Vizcaya Argentaria shares last traded at $5.45, with a volume of 81,104 shares traded.

A number of research analysts recently issued reports on the company. Morgan Stanley reiterated an “equal weight” rating on shares of Banco Bilbao Vizcaya Argentaria in a report on Friday, April 9th. Bank of America upgraded Banco Bilbao Vizcaya Argentaria from a “neutral” rating to a “buy” rating in a report on Friday, January 22nd. Zacks Investment Research lowered Banco Bilbao Vizcaya Argentaria from a “buy” rating to a “hold” rating in a report on Tuesday, April 6th. UBS Group reiterated a “neutral” rating on shares of Banco Bilbao Vizcaya Argentaria in a report on Monday. Finally, Barclays reiterated an “equal weight” rating on shares of Banco Bilbao Vizcaya Argentaria in a report on Wednesday, March 10th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $5.75.

The stock has a 50-day moving average price of $5.43 and a 200 day moving average price of $4.63. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.99 and a quick ratio of 0.99. The firm has a market cap of $34.67 billion, a price-to-earnings ratio of -65.00 and a beta of 1.45.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its earnings results on Friday, January 29th. The bank reported $0.17 EPS for the quarter. Banco Bilbao Vizcaya Argentaria had a positive return on equity of 6.45% and a negative net margin of 0.44%. The business had revenue of $6.28 billion for the quarter. As a group, equities research analysts predict that Banco Bilbao Vizcaya Argentaria, S.A. will post 0.2 earnings per share for the current year.

The company also recently announced a semi-annual dividend, which will be paid on Monday, May 10th. Stockholders of record on Wednesday, April 28th will be given a dividend of $0.0697 per share. This represents a dividend yield of 4.5%. The ex-dividend date is Tuesday, April 27th.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 9.8% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 50,454 shares of the bank’s stock worth $249,000 after buying an additional 4,483 shares during the last quarter. Fisher Asset Management LLC grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 5.9% during the fourth quarter. Fisher Asset Management LLC now owns 38,229,640 shares of the bank’s stock worth $188,854,000 after buying an additional 2,141,568 shares during the last quarter. M&T Bank Corp grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 96.9% during the fourth quarter. M&T Bank Corp now owns 46,301 shares of the bank’s stock worth $229,000 after buying an additional 22,790 shares during the last quarter. Ballew Advisors Inc grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 100.0% during the first quarter. Ballew Advisors Inc now owns 23,992 shares of the bank’s stock worth $126,000 after buying an additional 11,996 shares during the last quarter. Finally, Stifel Financial Corp grew its holdings in shares of Banco Bilbao Vizcaya Argentaria by 2,051.3% during the fourth quarter. Stifel Financial Corp now owns 277,539 shares of the bank’s stock worth $1,371,000 after buying an additional 264,638 shares during the last quarter. 2.10% of the stock is currently owned by hedge funds and other institutional investors.

Banco Bilbao Vizcaya Argentaria Company Profile (NYSE:BBVA)

Banco Bilbao Vizcaya Argentaria SA engages in the traditional banking businesses of retail banking, asset management, private banking, and wholesale banking. It operates through the following segments: Spain, the United States, Mexico, Turkey, South America, and Rest of Eurasia. The Spain segment includes mainly the banking and insurance business that the group carries out in Spain.

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