Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) Sees Significant Growth in Short Interest

Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 1,951,015 shares, a growth of 126.6% from the April 15th total of 860,985 shares. Based on an average daily trading volume, of 1,802,844 shares, the short-interest ratio is presently 1.1 days. Approximately 0.0% of the company’s stock are sold short.

Banco Bilbao Viscaya Argentaria Price Performance

Banco Bilbao Viscaya Argentaria stock opened at $21.88 on Friday. The firm has a market capitalization of $124.91 billion, a PE ratio of 10.42, a P/E/G ratio of 0.57 and a beta of 0.81. The company’s 50-day moving average is $21.86 and its 200-day moving average is $22.47. Banco Bilbao Viscaya Argentaria has a fifty-two week low of $14.63 and a fifty-two week high of $26.20.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last announced its earnings results on Tuesday, March 31st. The bank reported $0.59 EPS for the quarter. The business had revenue of $12.33 billion during the quarter. Banco Bilbao Viscaya Argentaria had a net margin of 28.21% and a return on equity of 17.65%. As a group, analysts expect that Banco Bilbao Viscaya Argentaria will post 2.26 EPS for the current year.

Banco Bilbao Viscaya Argentaria Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, April 27th. Shareholders of record on Thursday, April 9th were issued a $0.7084 dividend. This represents a yield of 626.0%. The ex-dividend date of this dividend was Thursday, April 9th. Banco Bilbao Viscaya Argentaria’s dividend payout ratio is currently 54.29%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Savvy Advisors Inc. increased its position in Banco Bilbao Viscaya Argentaria by 2.9% during the 4th quarter. Savvy Advisors Inc. now owns 15,062 shares of the bank’s stock worth $351,000 after buying an additional 418 shares during the period. Root Financial Partners LLC boosted its holdings in Banco Bilbao Viscaya Argentaria by 59.6% in the 4th quarter. Root Financial Partners LLC now owns 1,141 shares of the bank’s stock valued at $27,000 after purchasing an additional 426 shares during the period. Seeds Investor LLC boosted its holdings in Banco Bilbao Viscaya Argentaria by 3.0% in the 4th quarter. Seeds Investor LLC now owns 15,003 shares of the bank’s stock valued at $350,000 after purchasing an additional 439 shares during the period. TD Waterhouse Canada Inc. boosted its holdings in Banco Bilbao Viscaya Argentaria by 50.9% in the 4th quarter. TD Waterhouse Canada Inc. now owns 1,304 shares of the bank’s stock valued at $30,000 after purchasing an additional 440 shares during the period. Finally, Nisa Investment Advisors LLC boosted its holdings in Banco Bilbao Viscaya Argentaria by 45.6% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,456 shares of the bank’s stock valued at $34,000 after purchasing an additional 456 shares during the period. Institutional investors own 2.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Zacks Research lowered shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 10th. Wall Street Zen lowered shares of Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. UBS Group restated a “neutral” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, April 20th. Barclays lowered shares of Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. Finally, Royal Bank Of Canada lowered shares of Banco Bilbao Viscaya Argentaria from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 28th. One research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Banco Bilbao Viscaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) is a Spanish multinational financial services group headquartered in Bilbao, Spain. The bank traces its roots to several historic regional banks and was formed through a series of mergers that consolidated its position as one of Spain’s largest banking groups. BBVA operates as a universal bank offering a broad range of financial services to retail, corporate and institutional clients.

BBVA’s core businesses include retail and commercial banking, corporate and investment banking, private banking and wealth management, asset management, and insurance.