Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Shares Gap Down to $11.05

Shares of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) gapped down prior to trading on Thursday . The stock had previously closed at $11.05, but opened at $10.35. Banco Bilbao Vizcaya Argentaria shares last traded at $10.38, with a volume of 160,820 shares traded.

Wall Street Analyst Weigh In

Separately, Barclays cut shares of Banco Bilbao Vizcaya Argentaria from an “overweight” rating to an “equal weight” rating in a report on Monday, March 25th.

Banco Bilbao Vizcaya Argentaria Trading Down 7.2 %

The company has a fifty day simple moving average of $11.12 and a 200-day simple moving average of $9.78. The stock has a market cap of $61.15 billion, a price-to-earnings ratio of 7.07, a P/E/G ratio of 0.56 and a beta of 1.33.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Thursday, April 25th. Stockholders of record on Tuesday, April 9th were paid a dividend of $0.1695 per share. This represents a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, April 8th. This is an increase from Banco Bilbao Vizcaya Argentaria’s previous semi-annual dividend of $0.17. Banco Bilbao Vizcaya Argentaria’s dividend payout ratio is 45.58%.

Institutional Trading of Banco Bilbao Vizcaya Argentaria

Large investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP raised its holdings in shares of Banco Bilbao Vizcaya Argentaria by 2.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 10,355,974 shares of the bank’s stock worth $94,342,000 after acquiring an additional 290,673 shares during the period. Goldman Sachs Group Inc. increased its holdings in Banco Bilbao Vizcaya Argentaria by 0.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 8,737,599 shares of the bank’s stock valued at $79,600,000 after purchasing an additional 30,534 shares during the period. Wellington Management Group LLP boosted its stake in shares of Banco Bilbao Vizcaya Argentaria by 2.0% in the 3rd quarter. Wellington Management Group LLP now owns 6,312,586 shares of the bank’s stock valued at $50,816,000 after purchasing an additional 122,652 shares during the last quarter. FMR LLC grew its holdings in Banco Bilbao Vizcaya Argentaria by 1.7% in the third quarter. FMR LLC now owns 5,763,182 shares of the bank’s stock worth $46,394,000 after purchasing an additional 95,671 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in Banco Bilbao Vizcaya Argentaria by 9.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,710,950 shares of the bank’s stock worth $29,873,000 after buying an additional 309,327 shares during the period. 2.96% of the stock is currently owned by institutional investors.

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.