JPMorgan Chase & Co. boosted its holdings in shares of Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) by 10.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 634,538 shares of the bank’s stock after acquiring an additional 59,795 shares during the period. JPMorgan Chase & Co.’s holdings in Banco Bilbao Vizcaya Argentaria SA were worth $5,305,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Fisher Asset Management LLC lifted its position in Banco Bilbao Vizcaya Argentaria SA by 348,907.9% during the 2nd quarter. Fisher Asset Management LLC now owns 36,534,142 shares of the bank’s stock valued at $305,425,000 after acquiring an additional 36,523,674 shares during the period. Aristotle Capital Management LLC lifted its position in Banco Bilbao Vizcaya Argentaria SA by 12.2% during the 1st quarter. Aristotle Capital Management LLC now owns 33,750,761 shares of the bank’s stock valued at $256,911,000 after acquiring an additional 3,676,506 shares during the period. Bank of America Corp DE lifted its position in Banco Bilbao Vizcaya Argentaria SA by 24.9% during the 1st quarter. Bank of America Corp DE now owns 10,489,427 shares of the bank’s stock valued at $79,825,000 after acquiring an additional 2,092,037 shares during the period. Morgan Stanley lifted its position in Banco Bilbao Vizcaya Argentaria SA by 6.9% during the 1st quarter. Morgan Stanley now owns 5,345,129 shares of the bank’s stock valued at $40,676,000 after acquiring an additional 343,494 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in Banco Bilbao Vizcaya Argentaria SA by 0.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,102,891 shares of the bank’s stock valued at $16,003,000 after acquiring an additional 7,683 shares during the period.

COPYRIGHT VIOLATION NOTICE: “JPMorgan Chase & Co. Acquires 59,795 Shares of Banco Bilbao Vizcaya Argentaria SA (BBVA)” was posted by Watch List News and is owned by of Watch List News. If you are viewing this report on another publication, it was illegally stolen and republished in violation of United States & international copyright laws. The original version of this report can be viewed at https://www.watchlistnews.com/jpmorgan-chase-co-acquires-59795-shares-of-banco-bilbao-vizcaya-argentaria-sa-bbva/1611789.html.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ BBVA) opened at 8.51 on Friday. The stock has a market capitalization of $56.68 billion and a PE ratio of 12.53. Banco Bilbao Vizcaya Argentaria SA has a 12 month low of $6.01 and a 12 month high of $9.35. The company’s 50-day moving average is $8.79 and its 200-day moving average is $8.41.

Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA) last issued its earnings results on Friday, July 28th. The bank reported $0.18 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.18. Banco Bilbao Vizcaya Argentaria SA had a net margin of 17.53% and a return on equity of 9.26%. The company had revenue of $6.96 billion for the quarter. Equities research analysts forecast that Banco Bilbao Vizcaya Argentaria SA will post $0.61 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 25th. Shareholders of record on Monday, October 9th will be given a dividend of $0.1061 per share. This represents a $0.42 annualized dividend and a dividend yield of 4.99%. This is a positive change from Banco Bilbao Vizcaya Argentaria SA’s previous quarterly dividend of $0.08. The ex-dividend date is Thursday, October 5th.

A number of brokerages recently issued reports on BBVA. BidaskClub raised shares of Banco Bilbao Vizcaya Argentaria SA from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 8th. Zacks Investment Research raised shares of Banco Bilbao Vizcaya Argentaria SA from a “hold” rating to a “buy” rating and set a $10.00 price target for the company in a research report on Monday, August 28th. Finally, ValuEngine cut shares of Banco Bilbao Vizcaya Argentaria SA from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $9.75.

Banco Bilbao Vizcaya Argentaria SA Company Profile

Banco Bilbao Vizcaya Argentaria, SA (BBVA) is a diversified financial company engaged in retail banking, wholesale banking, asset management and private banking. Its segments include Banking Activity in Spain, Real Estate Activity in Spain, the United States Turkey, Mexico, South America and Rest of Eurasia.

Want to see what other hedge funds are holding BBVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA).

Institutional Ownership by Quarter for Banco Bilbao Vizcaya Argentaria SA (NASDAQ:BBVA)

Receive News & Ratings for Banco Bilbao Vizcaya Argentaria SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Bilbao Vizcaya Argentaria SA and related companies with Analyst Ratings Network's FREE daily email newsletter.