Banco Bilbao Vizcaya Argentaria Sees Unusually Large Options Volume (NYSE:BBVA)

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) was the target of unusually large options trading on Wednesday. Traders bought 7,144 call options on the company. This represents an increase of approximately 15,430% compared to the typical volume of 46 call options.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on BBVA shares. Royal Bank of Canada raised Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a report on Wednesday, July 31st. Citigroup upgraded shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a research note on Friday, August 9th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Banco Bilbao Vizcaya Argentaria has a consensus rating of “Moderate Buy”.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Capital Research Global Investors increased its stake in Banco Bilbao Vizcaya Argentaria by 56.2% during the 1st quarter. Capital Research Global Investors now owns 233,631 shares of the bank’s stock worth $2,766,000 after acquiring an additional 84,063 shares during the period. Capital Wealth Planning LLC increased its holdings in Banco Bilbao Vizcaya Argentaria by 30.1% in the 1st quarter. Capital Wealth Planning LLC now owns 432,620 shares of the bank’s stock valued at $5,122,000 after buying an additional 100,170 shares during the period. Deltec Asset Management LLC bought a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 2nd quarter worth approximately $928,000. Norden Group LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 1st quarter worth approximately $979,000. Finally, Sequoia Financial Advisors LLC increased its stake in Banco Bilbao Vizcaya Argentaria by 5.8% in the second quarter. Sequoia Financial Advisors LLC now owns 88,022 shares of the bank’s stock valued at $883,000 after acquiring an additional 4,850 shares during the last quarter. 2.96% of the stock is owned by institutional investors.

Banco Bilbao Vizcaya Argentaria Stock Down 0.5 %

Shares of Banco Bilbao Vizcaya Argentaria stock traded down $0.05 on Wednesday, hitting $9.87. The stock had a trading volume of 257,835 shares, compared to its average volume of 1,470,204. The stock has a market cap of $57.62 billion, a price-to-earnings ratio of 6.75, a price-to-earnings-growth ratio of 1.10 and a beta of 1.30. The business’s 50 day moving average is $10.36 and its two-hundred day moving average is $10.47. Banco Bilbao Vizcaya Argentaria has a twelve month low of $7.76 and a twelve month high of $12.20.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last posted its quarterly earnings data on Thursday, August 1st. The bank reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.03. The firm had revenue of $9.93 billion for the quarter. Banco Bilbao Vizcaya Argentaria had a return on equity of 16.40% and a net margin of 27.55%. During the same quarter in the previous year, the business earned $0.36 EPS. As a group, equities analysts predict that Banco Bilbao Vizcaya Argentaria will post 1.75 earnings per share for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently disclosed a Semi-Annual dividend, which will be paid on Friday, October 25th. Shareholders of record on Wednesday, October 9th will be issued a $0.3244 dividend. The ex-dividend date is Wednesday, October 9th. This represents a yield of 5.6%. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous Semi-Annual dividend of $0.11. Banco Bilbao Vizcaya Argentaria’s payout ratio is currently 35.37%.

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.