Active Volume Stock: Bank of America Corporation (BAC)

Lloyd Doyle
August 28, 2017

Financial experts predict that Bank of America Corporation to post $1.81 earnings per share for the financial year.

Lbmc Investment Advisors Llc increased Vanguard Reit (VNQ) stake by 3,809 shares to 27,599 valued at $2.28 million in 2016Q4. Ventas Inc. now has $24.18B valuation. The firm owned 42,294 shares of the bank's stock after buying an additional 7,555 shares during the period. Oppenheimer Holdings, Inc. restated an "outperform" rating and set a $30.00 price objective (up from $29.00) on shares of Bank of America Corporation in a research report on Friday, July 21st. Post Holdings Inc (NYSE:POST) has risen 11.46% since August 28, 2016 and is uptrending. It has underperformed by 2.05% the S&P500.

Twin Capital Management Inc. increased its stake in Bank of America Corporation (NYSE:BAC) by 1.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). Athena Capital Advisors Llc acquired 38,190 shares as Bank Amer Corp (BAC)'s stock declined 6.00%. The Praesidium Investment Management Company Llc holds 3.09M shares with $77.02M value, up from 2.82M last quarter. Bank Of America now has $234.15 billion valuation. Private Trust Co. NA now owns 79,422 shares of the financial services provider's stock valued at $1,873,000 after buying an additional 3,809 shares during the last quarter.

Bank of America Corporation (NYSE:BAC) traded down 0.3635% during trading on Monday, reaching $23.6836. It has outperformed by 2.90% the S&P500.

Investors sentiment increased to 1.15 in 2016 Q4. Its up 0.29, from 0.87 in 2016Q3. 24 funds opened positions while 38 raised stakes.

Bank of America Corporation (BAC) traded down 0.38% during mid-day trading on Monday, hitting $23.68. Federated Invsts Inc Pa has invested 0% of its portfolio in Goldfield Corp (NYSEMKT:GV). Moreover, Burney has 0.07% invested in Bank of America Corp (NYSE:BAC) for 47,447 shares. Us National Bank & Trust De reported 4,137 shares or 0% of all its holdings. Wellington Management Gru Llp owns 5.43 million shares or 0.11% of their U.S. portfolio. Louisiana State Employees Retirement System reported 16,000 shares. Markston Ltd Liability Corporation holds 859,485 shares or 1.8% of its portfolio. During the same period a year ago, the company earned $0.41 earnings per share. Gilman Hill Asset Lc reported 0.03% stake. Bluecrest Cap Mngmt has 59,352 shares. Russell Investments Group Ltd. boosted its stake in shares of Enterprise Financial Services Corporation by 42.9% in the first quarter. 44,771 were accumulated by Rampart Mngmt Limited Liability Com. Wms Ptnrs Ltd Liability Company holds 0.13% or 43,527 shares. Alabama-based Fjarde Ap has invested 1.14% in Bank of America Corp (NYSE:BAC). Therefore 83% are positive. $22.50's average target is -5.34% below currents $23.77 stock price. Wells Fargo & Company assumed coverage on Bank of America Corporation in a study report on early Wed, Aug 9th. Raymond James downgraded the stock to "Underperform" rating in Thursday, August 6 report. The stock of Bank of America Corp (NYSE:BAC) earned "Buy" rating by Jefferies on Wednesday, October 7.


COPYRIGHT VIOLATION WARNING: "Key Square Capital Management LLC Has $255.65 Million Position in Bank of America Corporation (BAC)" was originally reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. Keefe Bruyette & Woods has "Buy" rating and $2800 target. The firm has "Outperform" rating by KBW given on Monday, August 24. Tci Wealth Advsrs Inc reported 0.21% of its portfolio in Bank of America Corp (NYSE:BAC).

More notable recent Bank of America Corp (NYSE:BAC) news were published by: Bloomberg.com which released: "Paris or Frankfurt?" Jefferies has "Buy" rating and $19 target. Vetr downgraded it to "Buy" rating and $18.59 target in Tuesday, August 11 report. BMO Capital Markets has "Hold" rating and $2700 target.

Since February 28, 2017, it had 1 insider buy, and 0 insider sales for $14,022 activity. On Tuesday, February 28 the insider Raffone Lawrence M. sold $453,362.

Investors sentiment increased to 1.1 in 2016 Q4. Its up 1.02, from 0.53 in 2016Q3. It dropped, as 6 investors sold Goldfield Corp shares while 7 reduced holdings. 8 funds opened positions while 26 raised stakes. Northern Tru holds 0% or 72,814 shares in its portfolio. Gradient Investments has an ownership of 4,542 stocks of the financial services provider's shares valued $107,000 after scooping up an extra 700 shares through out the quarter. After this purchase, 85,650 common shares of BAC are directly owned by the insider, with total stake valued at $2,035,901. 146,991 were accumulated by Coldstream Capital Mgmt Incorporated. Its down 8.48% from 270,000 shares previously. Kennedy Capital Management Inc stated it has 141,090 shares. Wendell David Associates invested 0.54% in CVS Health Corp (NYSE:CVS). (NYSE:VTR). Axa holds 24,768 shares. Freestone Hldg Ltd Llc reported 90,975 shares. Rhumbline Advisers invested 0.02% in Post Holdings Inc (NYSE:POST). (NYSE:VTR) for 98,790 shares. Modera Wealth Ltd Com accumulated 35,190 shares or 0.26% of the stock. Invesco Limited, a Georgia-based fund reported 284,622 shares. Exane Derivatives accumulated 52,503 shares. Morgan Stanley has invested 0.17% in Ventas, Inc. Looking at a shorter time period, shares have been seen -4.79% away from the 50 day high and 5.47% off the 50 day low price.Covering sell-side analysts have recently weighed in on shares of AT&T Inc. Therefore 80% are positive. The rating was initiated by Howard Weil with "Sector Perform" on Wednesday, September 14. On Tuesday, September 1 the stock rating was upgraded by Bernstein to "Buy". The stock has "Buy" rating by Sandler O'Neill on Wednesday, January 20. (NYSE:VTR) has "Market Perform" rating given on Thursday, November 10 by BMO Capital Markets. As per Thursday, July 20, the company rating was maintained by RBC Capital Markets. As per Tuesday, August 25, the company rating was downgraded by Zacks. The ex-dividend date is Wednesday, August 30th.

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