Short Interest in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) Decreases By 5.1%

Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) was the target of a significant decline in short interest in November. As of November 30th, there was short interest totalling 2,990,000 shares, a decline of 5.1% from the November 15th total of 3,150,000 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 1,480,000 shares, the days-to-cover ratio is presently 2.0 days.

Institutional Investors Weigh In On Banco Bilbao Vizcaya Argentaria

Several institutional investors have recently made changes to their positions in BBVA. Barclays PLC bought a new position in Banco Bilbao Vizcaya Argentaria during the third quarter valued at approximately $41,000. Rothschild Investment LLC bought a new stake in Banco Bilbao Vizcaya Argentaria in the second quarter worth $40,000. Ashton Thomas Private Wealth LLC acquired a new position in Banco Bilbao Vizcaya Argentaria during the second quarter worth $43,000. Benjamin F. Edwards & Company Inc. raised its holdings in Banco Bilbao Vizcaya Argentaria by 67.8% during the second 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. Finally, Reston Wealth Management LLC acquired a new stake in shares of Banco Bilbao Vizcaya Argentaria in the third quarter worth about $72,000. 2.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Banco Bilbao Vizcaya Argentaria from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating, one has given 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 presently has an average rating of “Moderate Buy”.

Banco Bilbao Vizcaya Argentaria Stock Down 2.6 %

Shares of NYSE:BBVA opened at $9.67 on Thursday. The firm has a fifty day moving average of $9.84 and a two-hundred day moving average of $10.17. Banco Bilbao Vizcaya Argentaria has a 12-month low of $8.63 and a 12-month high of $12.20. The firm has a market capitalization of $56.45 billion, a P/E ratio of 5.56, a price-to-earnings-growth ratio of 0.98 and a beta of 1.28.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently announced a Semi-Annual dividend, which was paid on Friday, October 25th. Shareholders of record on Wednesday, October 9th were paid a $0.3244 dividend. The ex-dividend date of this dividend was 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 29.31%.

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.