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

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) saw unusually large options trading activity on Wednesday. Stock investors acquired 7,144 call options on the stock. This is an increase of approximately 15,430% compared to the average daily volume of 46 call options.

Banco Bilbao Vizcaya Argentaria Stock Up 0.1 %

BBVA opened at $9.82 on Friday. The firm has a 50-day simple moving average of $10.36 and a two-hundred day simple moving average of $10.47. Banco Bilbao Vizcaya Argentaria has a 52 week low of $7.76 and a 52 week high of $12.20. The company has a market capitalization of $57.33 billion, a PE ratio of 6.68, a price-to-earnings-growth ratio of 1.10 and a beta of 1.30.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) last released its quarterly earnings data on Thursday, August 1st. The bank reported $0.51 EPS for the quarter, beating the consensus estimate of $0.48 by $0.03. Banco Bilbao Vizcaya Argentaria had a net margin of 27.55% and a return on equity of 16.40%. The business had revenue of $9.93 billion during the quarter. During the same period last year, the company earned $0.36 EPS. As a group, sell-side analysts expect that Banco Bilbao Vizcaya Argentaria will post 1.75 earnings per share for the current year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The firm also recently announced a Semi-Annual dividend, which will be paid on Friday, October 25th. Stockholders of record on Wednesday, October 9th will be given a dividend of $0.3244 per share. This represents a dividend yield of 5.6%. This is a boost from Banco Bilbao Vizcaya Argentaria’s previous Semi-Annual dividend of $0.11. The ex-dividend date is Wednesday, October 9th. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is currently 34.69%.

Institutional Trading of Banco Bilbao Vizcaya Argentaria

Hedge funds have recently made changes to their positions in the business. Rothschild Investment LLC purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 2nd quarter valued at about $40,000. Financial Management Professionals Inc. raised its position in shares of Banco Bilbao Vizcaya Argentaria by 295.3% during the 1st quarter. Financial Management Professionals Inc. now owns 4,076 shares of the bank’s stock valued at $48,000 after buying an additional 3,045 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Banco Bilbao Vizcaya Argentaria during the 2nd quarter valued at about $43,000. Whittier Trust Co. of Nevada Inc. raised its position in shares of Banco Bilbao Vizcaya Argentaria by 567.5% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 4,646 shares of the bank’s stock valued at $55,000 after buying an additional 3,950 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its position in shares of Banco Bilbao Vizcaya Argentaria by 67.8% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,924 shares of the bank’s stock valued at $49,000 after buying an additional 1,990 shares in the last quarter. 2.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on BBVA. Royal Bank of Canada raised shares of Banco Bilbao Vizcaya Argentaria to a “moderate buy” rating in a report on Wednesday, July 31st. Citigroup raised shares of Banco Bilbao Vizcaya Argentaria to a “strong-buy” rating in a report on Friday, August 9th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Banco Bilbao Vizcaya Argentaria has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Company Profile

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.