JPMorgan Chase & Co. Has $37.61 Million Holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA)

JPMorgan Chase & Co. lowered its holdings in Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA - Free Report) by 1.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,869,739 shares of the bank's stock after selling 53,824 shares during the quarter. JPMorgan Chase & Co. owned 0.07% of Banco Bilbao Vizcaya Argentaria worth $37,614,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Brooklyn Investment Group boosted its holdings in Banco Bilbao Vizcaya Argentaria by 120.7% in the 4th quarter. Brooklyn Investment Group now owns 3,540 shares of the bank's stock valued at $34,000 after purchasing an additional 1,936 shares during the period. Avion Wealth bought a new stake in shares of Banco Bilbao Vizcaya Argentaria in the fourth quarter valued at about $39,000. Barclays PLC acquired a new stake in Banco Bilbao Vizcaya Argentaria during the third quarter worth about $41,000. Sierra Ocean LLC bought a new position in Banco Bilbao Vizcaya Argentaria during the fourth quarter valued at about $49,000. Finally, IFP Advisors Inc raised its holdings in Banco Bilbao Vizcaya Argentaria by 20.7% in the 4th quarter. IFP Advisors Inc now owns 5,420 shares of the bank's stock valued at $53,000 after acquiring an additional 930 shares in the last quarter. 2.96% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

BBVA has been the topic of several recent research reports. StockNews.com raised Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "buy" rating in a report on Wednesday. Kepler Capital Markets upgraded shares of Banco Bilbao Vizcaya Argentaria from a "reduce" rating to a "hold" rating in a research note on Thursday, February 27th. Finally, Hsbc Global Res raised shares of Banco Bilbao Vizcaya Argentaria from a "hold" rating to a "strong-buy" rating in a report on Friday, January 31st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy".

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Banco Bilbao Vizcaya Argentaria Price Performance

Shares of BBVA stock traded up $0.51 during trading hours on Friday, hitting $13.05. The company had a trading volume of 2,449,607 shares, compared to its average volume of 1,874,443. Banco Bilbao Vizcaya Argentaria, S.A. has a 12 month low of $9.23 and a 12 month high of $14.84. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.27 and a current ratio of 1.01. The firm's fifty day moving average is $13.23 and its 200 day moving average is $11.21. The firm has a market capitalization of $76.16 billion, a price-to-earnings ratio of 7.21, a PEG ratio of 0.80 and a beta of 1.00.

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The bank reported $0.44 EPS for the quarter, beating the consensus estimate of $0.40 by $0.04. Banco Bilbao Vizcaya Argentaria had a return on equity of 17.49% and a net margin of 28.10%. On average, sell-side analysts predict that Banco Bilbao Vizcaya Argentaria, S.A. will post 1.59 EPS for the current fiscal year.

Banco Bilbao Vizcaya Argentaria Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Friday, April 25th. Investors of record on Wednesday, April 9th will be given a dividend of $0.4439 per share. The ex-dividend date is Wednesday, April 9th. This represents a dividend yield of 4.3%. This is a boost from Banco Bilbao Vizcaya Argentaria's previous semi-annual dividend of $0.11. Banco Bilbao Vizcaya Argentaria's dividend payout ratio (DPR) is 39.23%.

Banco Bilbao Vizcaya Argentaria 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.