Bank of America Corporation (BAC) Shares Sold by DekaBank Deutsche Girozentrale

Lester Mason
October 16, 2017

Columbia Partners L L C Inv Management owns 0.05% invested in Bank of America Corp (NYSE:BAC) for 17,091 shares. The Locust Wood Capital Advisers Llc holds 522,480 shares with $12.68 million value, down from 561,800 last quarter. Kempner Capital Management Inc who had been investing in Bank Of America Corp. for a number of months, seems to be less bullish one the $272.52 billion market cap company. The stock decreased 1.97% or $0.04 on October 13, reaching $1.99. About shares traded. Ball Corporation (NYSE:BLL) has risen 12.13% since October 16, 2016 and is uptrending.

Duff & Phelps Investment Management Co. decreased its holdings in shares of Bank of America Corporation (NYSE:BAC) by 6.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. It has outperformed by 41.94% the S&P500.

Affinity Investment Advisors Llc decreased Broadridge Financial Solutions (BR) stake by 53.21% reported in 2017Q2 SEC filing. Sterneck Capital Limited Liability Corp owns 37,604 shares. Finally, Arbor Investment Advisors LLC lifted its position in shares of Bank of America Corporation by 0.3% during the 2nd quarter. Broadridge Financial Solutions now has $9.63 billion valuation. The stock increased 0.15% or $0.17 on October 13, reaching $112.62. About 104.20M shares traded or 52.54% up from the average. Broadridge Financial Solutions, Inc. Bank of America Corp (NYSE:BAC) has risen 58.64% since October 16, 2016 and is uptrending. It has outperformed by 27.75% the S&P500. Scholtz & Ltd Liability Com owns 162,975 shares. Raytheon Co Com (NYSE:RTN) was reduced too. It is negative, as 79 investors sold Bank of America Corp shares while 543 reduced holdings.

Bank of America Corporation (NYSE:BAC) last posted its earnings results on Friday, October 13th. Nepsis Capital Mgmt Inc stated it has 3.77% of its portfolio in Bank of America Corp (NYSE:BAC). Fishman Jay A Mi reported 0% of its portfolio in Bank of America Corp (NYSE:BAC). The financial services provider reported $0.48 earnings per share for the quarter, topping analysts' consensus estimates of $0.46 by $0.02. Marble Harbor Counsel Limited Liability Company owns 35,701 shares or 0.19% of their United States portfolio. Its down 91.8% from 189,000 shares previously.

Bank of America Corporation is a bank holding company and a financial holding company. Fmr Limited Liability holds 1% of its portfolio in Bank of America Corp (NYSE:BAC) for 332.88 million shares. It also reduced Msci Inc (NYSE:MSCI) stake by 8,239 shares and now owns 49,194 shares. Shareholders of record on Friday, September 1st were paid a dividend of $0.12 per share. Aberdeen Asset Mngmt Public Lc Uk owns 75,283 shares. National Bank Of New York Mellon has invested 0.64% in Bank of America Corp (NYSE:BAC).


Among 19 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 0 Sell and 11 Hold. Therefore 67% are positive. Midstates Petroleum had 3 analyst reports since August 6, 2015 according to SRatingsIntel. Jefferies maintained the stock with "Buy" rating in Monday, October 10 report. As per Tuesday, August 25, the company rating was upgraded by Robert W. Baird. As per Friday, July 14, the company rating was maintained by Jefferies. The rating was maintained by Nomura on Tuesday, July 18 with "Buy". As per Friday, August 26, the company rating was upgraded by Stifel Nicolaus. The firm earned "Hold" rating on Wednesday, August 23 by BMO Capital Markets. The stock presently has a consensus rating of "Buy" and a consensus price target of $24.92. The firm earned "Hold" rating on Tuesday, September 1 by Macquarie Research. They expect $0.01 earnings per share, up 103.85% or $0.27 from last year's $-0.26 per share.

Investors sentiment increased to 7.64 in 2017 Q2. Its down 0.03, from 1.05 in 2017Q1. It is positive, as 38 investors sold BLL shares while 9 reduced holdings. 117 funds opened positions while 502 raised stakes. Robecosam Ag holds 0.61% or 63,566 shares in its portfolio. Financial Consulate Inc who had been investing in Ally Finl Inc for a number of months, seems to be bullish on the $10.87B market cap company. Aegis reported 0.09% in Ruby Tuesday, Inc. (NYSE:BR). Mutual Of America Capital Ltd holds 96,150 shares. Palisade Asset Management Limited stated it has 209,134 shares or 1.73% of all its holdings. (NYSE:BR). 8,679 were reported by Bluecrest Capital Mngmt. Boston Advsrs Lc has 0.09% invested in PepsiCo, Inc.

Shelton Capital Management increased Ca Inc (NASDAQ:CA) stake by 10,832 shares to 170,586 valued at $5.88 million in 2017Q2. Sumitomo Mitsui Asset Management holds 0.01% or 8,914 shares. The fund owned 3,262,293 shares of the financial services provider's stock after selling 251,598 shares during the period. State Of Tennessee Treasury Department reported 57,000 shares stake. Hedge funds and other institutional investors own 61.61% of the company's stock. Great West Life Assurance Comm Can holds 0.06% or 288,623 shares.

Among 17 analysts covering Ally Financial (NYSE:ALLY), 12 have Buy rating, 1 Sell and 4 Hold. BidaskClub upgraded Bank of America Corporation from a "sell" rating to a "hold" rating in a research note on Friday, September 22nd. Keefe Bruyette & Woods downgraded the stock to "Market Perform" rating in Monday, May 16 report. This repurchase authorization authorizes the financial services provider to repurchase up to 4.8% of its stock through open market purchases. As per Thursday, October 5, the company rating was maintained by Credit Suisse. The rating was upgraded by Citigroup on Friday, January 27 to "Neutral". As per Wednesday, June 15, the company rating was downgraded by Avondale. On Tuesday, January 3 the stock rating was maintained by Barclays Capital with "Equal Weight". The stock of Ally Financial Inc (NYSE:ALLY) earned "Hold" rating by Sandler O'Neill on Tuesday, February 28. The company has a market capitalization of $271.64 billion, a PE ratio of 14.79 and a beta of 1.25.

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