Most Active Stock: Bank of America Corporation (BAC)

Doris Richards
December 7, 2017

Bank Amer Corp now has $298.73 billion valuation. The stock decreased 4.95% or $0.73 during the last trading session, reaching $14.02. About 17.27M shares traded.

Bank of America Corporation is a bank holding company and a financial holding company. It has outperformed by 13.04% the S&P500. Birch Hill Investment Advisors Llc acquired 80,890 shares as Bank Amer Corp (BAC)'s stock declined 6.00%. Estabrook Management owns 452,926 shares. M Partners maintained the stock with "Buy" rating in Monday, December 7 report.

The stock decreased 0.45% or $0.13 during the last trading session, reaching $28.93. About 3.04M shares traded. The business's revenue for the quarter was up 2.1% on a year-over-year basis. research analysts anticipate that Bank of America will post 1.81 earnings per share for the current fiscal year. It has outperformed by 41.94% the S&P500. Therefore 44% are positive. Bank of America Corp has a 12-month low of $12.05 and a 12-month high of $25.80. $23.93's average target is -16.97% below currents $28.82 stock price. Bank of America Corp's dividend payout ratio is now 21.74%. (NYSE:BIG) earned "Buy" rating by Loop Capital on Wednesday, December 7. The firm has "Outperform" rating given on Thursday, August 10 by Wells Fargo. BMO Capital Markets maintained it with "Hold" rating and $2700 target in Tuesday, July 18 report. BMO Capital Markets maintained the stock with "Market Perform" rating in Monday, October 16 report.

Market capitalization is the total dollar market value of a company's shares. (NASDAQ:ADI) on Thursday, September 8 with "Buy" rating. The firm has "Hold" rating given on Friday, September 29 by Robert W. Baird. Citigroup has "Neutral" rating and $46 target. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, twenty-four have assigned a buy rating and three have given a strong buy rating to the stock.


Investors sentiment decreased to 1.12 in Q2 2017. Its the same as in 2017Q1. Lathrop Invest Mgmt, Arkansas-based fund reported 21,100 shares. 937,359 are owned by Blair William Il. Kanawha Cap Management Limited Liability invested in 10,302 shares. (NYSE:BIG). Pacad Investment Ltd has invested 0.14% in Big Lots, Inc. Banque Pictet & Cie invested in 0.3% or 527,593 shares. Anson Funds Limited Partnership stated it has 932,213 shares. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is now sitting at 78. Price Michael F owns 25,000 shares. Birmingham Capital Mgmt Commerce Al owns 92,740 shares. "Acquires 274,275 Shares of Bank of America Corp (BAC)" was published by TrueBlueTribune and is the property of of TrueBlueTribune. Moreover, Bnp Paribas Arbitrage has 0.08% invested in The Progressive Corporation (NYSE:PGR).

Analysts await The Progressive Corporation (NYSE:PGR) to report earnings on January, 24. The company beat the analyst EPS Estimate with the difference of $0.02. PGR's profit will be $395.49M for 19.94 P/E if the $0.68 EPS becomes a reality. After $0.48 actual earnings per share reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts -2.08 % negative EPS growth. Montgomery Investment reported 2.56% stake. Potash Corp Sask Inc (NYSE:POT) was reduced too. A statistical measure of the dispersion of returns (volatility) for BAC producing salvation in Investors mouth, it has week volatility of 2.82% and for the month booked as 1.82%. Shareholders of record on Friday, December 1st will be issued a $0.12 dividend.

Old West Investment Management LLC raised its holdings in shares of Bank of America Corp (NYSE:BAC) by 77.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 120 funds opened positions while 577 raised stakes. Anderson Hoagland And has invested 3.83% in Bank of America Corporation (NYSE:BAC). Wilbanks Smith And Thomas Asset Management Ltd Liability Corp has 0.09% invested in Bank of America Corporation (NYSE:BAC) for 40,718 shares. Avalon Advsrs Ltd Liability Co accumulated 629,642 shares. Bank of America Corporation (NYSE:BAC) has risen 58.64% since December 6, 2016 and is uptrending. Bradley Foster Sargent Inc Ct accumulated 171,099 shares. The correct version of this story can be viewed at https://stocknewstimes.com/2017/12/06/old-west-investment-management-llc-has-3-03-million-stake-in-bank-of-america-corp-bac.html. Jacobs Levy Equity Mngmt holds 23,650 shares or 0.01% of its portfolio.

David R Rahn & Associates Inc, which manages about $207.97 million and $135.50 million US Long portfolio, upped its stake in Dbx Etf Tr (DBEU) by 20,180 shares to 66,887 shares, valued at $1.83 million in 2017Q2, according to the filing. Verus Fincl Prtnrs holds 0.1% of its portfolio in Bank of America Corporation (NYSE:BAC) for 9,995 shares. Balyasny Asset Lc reported 15.62 million shares. That value represents a market adjusting for revenues that have been growing by 16.23 % on a quarterly year/year basis as of the company's last quarterly report. Bank of America Corporation (BAC) now trades with a market capitalization of $302.94 Billion. Walter Keenan Consulting Mi Adv holds 12,000 shares. They expect $0.47 earnings per share, up 17.50% or $0.07 from last year's $0.4 per share. Vetr upgraded shares of Bank of America from a "sell" rating to a "strong-buy" rating and set a $33.96 target price on the stock in a report on Tuesday, November 7th.

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